INVESTMENT HIGHLIGHTS: Building Size 24,964 sq ft, Lot Size 39,204 sq ft, Year Built 1989, 97% occupied, First Time On Market in Over 20 Years, Recently Re-Roofed, New LED lighting, New surveillance cameras throughout the property, New, LED monument sign, 85 parking spaces, 1 elevator, 2 staircases. Strong and stable cash flow for potential investors. Upside potential by leasing the remaining unit plus adjusting rents through multiple short-term leases. Triple net leases . 5% annual rent increases providing strong rent growth for a potential buyer. The investment presents a unique opportunity to own a mixed-use building with small spaces that can easily be rented out to in a rapidly growing neighborhood.
MLS# | A11689570 |
---|---|
Listing Type | For Sale |
Style | Retail |
Building Name | Clearview Shops |
Sub-Type | Resale |
Status | Active |
Year | 1989 |
Days On Site | 92 |
Listing Provided By | Castillo & Associates Real Estate, Inc | Maydelin Castillo Florez |
SQ Feet | 21,387 |
---|---|
Story(s) | 2 |
Units | 24 |
Building(s) | 1 |
Zoning | 6500 |
Acreage | 39204.00 |
State | FL |
---|---|
County | Miami Dade |
City | Miami Gardens |
Zip Code | 33056 |
Area | 21 |
Listing VS Median (in 33056) | |
Price: $8,000,000 low | high Med: $467,300 SqFt: 21,387 low | high Med: 1,323 $ / SqFt: $374 low | high Med: $356 On Site: 92 low | high Med: 28.500000 |