F O R S A L E | R E T A I L N E T L E A S E

FOR SALE | RETAIL NET LEASE

RED ROAD FRONTAGE

2 Outparcels With Well Established Tenants

NW 57th Avenue | Red Road

NW 142nd Street

50,000 Cars Per Day NW 57th Avenue | Red Road

CASAL GROUP

7270 NW 12th Street Penthouse 3 Miami, Florida 33126

Ernesto Casal

Principal ecasal@ 305.591.3606

C A S A L . C O M 305.591.3606

INVESTMENT SUMMARY

Casal Group is pleased to offer this retail investment offering in Miami, Florida. The site neighbors the busy AVE Aviation & Commerce Center and The Town of Miami Lakes, and is accessed by many other neighboring businesses and residents.

The retail investment offering features two quality, well established retail tenants, RaceTrac, a gasoline station, and Off Lease Only, a luxury pre-owned car dealership. Both with long term leases in place.

MASTER GROUND LEASE

This investment opportunity is located within AVE Aviation & Commerce Center (AVE), a 178 acre master planned business park. AVE maintains a long-term leasehold interest in the land, leased from Miami-Dade County via the Miami Dade Aviation Department. The parcels offered are to be delivered with a master leasehold interest. The master lease has an expiration date of April 30, 2084.

RACETRAC

14201 NW 57th Ave, Miami, FL 33054

RaceTrac is an American chain of gasoline service stations based in Atlanta, GA. With revenue of $9.1 billion in 2013, and being named Best Place to Work by the South Florida Business Journal in 2012, RaceTrac has a reputation of treating both it's customers, and employees with the highest standard in the business.

Land Area Term Expiration Current NOI Increases Renewal Option

80,763 SF 20 Years

3/10/2033 $155,283.98 10% every 5 years (4) 5 Year Options

OFF LEASE ONLY

5580 NW 145th St, Miami, FL 33054

Off Lease Only is a luxury pre-owned car dealership with locations in Dade, Broward, Palm Beach and Orlando, offering free delivery and many flexible financing and service options. Off Lease Only is rated A+ by the Better Business Bureau, and has a 5-Star rating on Google with over 4,500 reviews.

Land Area Building Size Term Expiration Current NOI Increases Renewal Option

126,324 SF 2,500 SF

v 20 Years 8/31/2036 $340,896.93 12.5% every 5 Years (1) 15 Year Option

FINANCIAL SUMMARY

RACETRAC OFF LEASE ONLY

NOI: $155,283.98 NOI: $340,896.93

PRICE: PRICE:

$3,105,680.00 (5% Cap) $6,817,939.00 (5% Cap)

TOTAL PRICE: $9,923,619.00

AVE AVIATION & COMMERCE CENTER

AVE Aviation & Commerce Center is a premier master planned 2.5 million square foot, mixed use business park situated on 178 meticulously landscaped acres, located next to the Town of Miami Lakes. AVE is home to quality tenants such as the United States Postal Service, Smart USA Corp, Goodyear, Inc., PWG Florida, Inc., and more. AVE maintains a long-term leasehold interest in the land with a master lease expiration date of April 30, 2084.

AVE MASTER SITE PLAN

AVE HIGHLIGHTS

FUTURE DEV.

EXMECIAUMTIIVOEPAAIR-LPOOCRKTA AVIATION

2.5m SF / 178 AC Business Park

3,500 Daytime Employee Base

50,000 Cars/Day Exposure

Central Location Convenient Access

FUTURE DEV. FUTURE DEV.

RETAIL INVESTMENT OFFERING

FUTURE DEV.

Countless Nearby Amenities

LOCATION INFORMATION

This retail investment offering is located in Central Miami-Dade County in the Town of Miami Lakes. It has the ideal retail location, with immediate freeway access and Red Road Frontage with exposure to about 50,000 cars per day.

The Town of Miami Lakes has been celebrated for it's scenic beauty, vibrant cultural environment, and for it's low crime rate, being named an All-America City finalist, and honored as one of 100 Best Communities for Young People, among other recognitions.

With it's centralized location nestled in an established and growing business park, and celebrated neighborhood this retail and land investment opportunity will thrive for the long term.

SELECT RETAIL BUSINESSES FRONTING RED ROAD

Palmetto Expressway | SR 826

Palmetto Expressway | SR 826

NW 57th Avenue | Red Road

TOWN OF MIAMI LAKES

RETAIL INVESTMENT OFFERING

14501 NW 57th Ave, Miami, FL 33054

NW 138th Street FL - 924

Miami-Opa Locka Executive Airport

Ernesto Casal

Principal ecasal@ 305.591.3606

C A S A L . C O M 305.591.3606

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