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| Price $10,000,000 $11,855,500 | Built/Renov 1992/2001 | Tenant The Home Depot |
| Cap Rate 7.11% 6.00% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
108,600
| Lease Start
08-01-1993
| #Units
2,322
|
| Price/SF $92.08 $109.17 | Expiration
07-31-2028
| Tenant Type Big Box Retail |
| NOI $711,330 | R. Term 3.2 | Ownership Fee Simple |
| Rent/SF
$6.55
| Increases 0.0%/0/yrs | Pop 5Mi 194,952 |
| Lot/AC 12.94 | Options 8/5yrs | AHHI 5Mi $106,459 |
| | |
The Home Depot is strategically located on Plainfield Road, a primary northwest/southeast thoroughfare, with access to 20,800 vehicles passing by daily. The property holds a prime location within a major commercial corridor, sharing proximity with well-known tenants such as Target, DICK’s Sporting Goods, PetSmart, Chick-fil-A, Barnes & Noble, ALDI, and others. Furthermore, the property is...
...In location for years
Dense retail corridor
Freeway close
Top 100 MSA
Affluent AHHI $100K 5 Mi
Long operation history
Absolute NNN
Traded and rated company
Corporate Guarantee
Investment grade tenant
The Home Depot, Inc. (NYSE: HD), is an American multinational home improvement retail corporation that sells tools, construction products, appliances, and services, and is the largest home...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 8,969 | 66,066 | 194,207 |
| 2023 Total Population : | 9,200 | 67,032 | 194,952 |
| 2023 Employed Civilian Pop : | 5,058 | 35,458 | 100,735 |
| 2023 Total Businesses : | 276 | 1,940 | 5,005 |
| 2023 Average Household Income : | $ 106,376 | $ 103,733 | $ 106,459 |
| 2023 Total Consumer Spending : | $ 287 M | $ 2186 M | $ 6267 M |
| 2023 Median Age : | 37 | 38 | 37 |
| 2023 Total Households : | 3,151 | 24,592 | 68,594 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,144 | 9,523 | 26,553 |
| 2023 Average Home Value : | $ 265,509 | $ 283,725 | $ 278,007 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| W 16th St | Pinecrest Dr | 2012 | 7,750 | 0.10 mi |
| Plainfield Rd | Tonti Dr | 2013 | 12,900 | 0.13 mi |
| 16th St | Caroline Dr | 2008 | 5,600 | 0.14 mi |
| Essington Rd | N Essington Rd | 2012 | 7,750 | 0.19 mi |
| N Essington Rd | Essington Rd | 2008 | 5,600 | 0.19 mi |
| Ring Rd | Voyager Ln | 2012 | 22,800 | 0.32 mi |
| US 30 | S Lincoln Hwy | 2021 | 33,100 | 0.34 mi |
| Plainfield Road | 2019 | 18,400 | 0.39 mi | |
| S Essington Rd | Galena Dr | 2012 | 5,300 | 0.43 mi |
| US 30 | 2021 | 22,300 | 0.54 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
