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Fabio Faerman Fortune International/FA Commercial closed $2.45 Million sale of Taco Bell- NNN in Miam
Mr. Faerman represented an international buyer in this cash deal.
By: FA Commercial, Fortune International Realty
“With the strong demographics and economic/employment trends continuing in south Florida, real estate fundamentals have shown strong improvement along Miami Dade County. International investors are looking for business opportunities like this. This is a prime location with a great franchise, Taco Bell restaurant which has grown a total of 5% over the last three years.” Said Fortune International Realty Commercial Division VP, Fabio Faerman.
The property is located in 1650 NE 163rd Street. North Miami Beach, Florida. With 2,259 square feet of building size and 32,205 square feet land area. The property offer superior sign visibility from 163rd Street and in-fill location high traffic counts (51,000 Vehicles on 163rd).
North Miami Beach is midway between Miami and Fort Lauderdale and adjacent to the Golden Glades interchange where I-95, Florida’s Turnpike, and the Palmetto Expressway meet, North Miami Beach is truly at the “Crossroads of South Florida”. The central location and easy access has made North Miami Beach one of South Florida’s best known regional shopping areas and one of its most popular sites for office users.
Fabio Faerman and his team at FA Commercial are thrilled to contribute to the progress of South Florida’s commercial real estate market with deals like these. Recently, Mr. Faerman also assisted in the sale of land used to develop ECHO Brickell. The residential high rise on the east side of Brickell Avenue features 180 state-of-the-
About FA Commercial Advisors
FA Commercial Advisors provides a complete range of commercial real estate brokerage services – including owner and tenant leasing, acquisition and sales, marketing and consulting – to owners, investors and lessees of all property types. With an extensive international network of real estate professionals throughout the world, we offer local market knowledge on a global level.
About Fortune International Realty Commercial Division
The Commercial Division was created to offer specific advice and service to sophisticated clients, searching for a deep understanding of real estate businesses. This division has the purpose of coordinating and providing services to Fortune International Realty clients as well as residential and commercial associates interested in pursuing commercial real estate transactions.