#1 Location in FL | Absolute NNN | Long Lease Term Listing Details & Market Data

The offering presents an exclusive opportunity to acquire a premier Krispy Kreme retail property located at 530 NE 167th Street, Miami Florida, 33162. This property boasts the highest performance among all Krispy Kreme locations in Florida, according to Placer.ai. The lease is corporate guaranteed by Krispy Kreme Doughnut Corporation, providing investors with a secure income stream. Krispy Kreme’s recent partnership with McDonald’s, coupled with favorable lease terms and rental escalations, makes this investment highly desirable within Miami’s thriving commercial real estate market.

This absolute net lease investment generates a robust Net Operating Income (NOI) of $309,900 annually, providing an attractive yield for investors. The property comprises 3,576 square feet situated on 0.58 acres, constructed in 2019 with state-of-the-art features including a drive-thru lane, ensuring convenience and customer satisfaction. The current term expires January 2041, with four 5-year options to extend their lease term, and includes 10% rent increases in 2031 and 2036, along with four 5-year extension options featuring 8% rental increases.