17325 NW 27th Ave
Miami Gardens, FL 33056
#A11689570
Description
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.
Property Details
- Lot DescriptionCity Location, Shopping Center
- Parking TypeCommon, Free Parking
- CountyMiami-Dade County
- MLS #A11689570
- MLS #A11689570
- Property TypePurchase
- Cost8000000
- Property SubtypeRetail
- Year Built1989
- Stories2
Location
Legal
MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.
Last Updated: . Source: MAOR
Listing Courtesy
Listing Agent: Maydelin Castillo Florez (#3251567)
Listing Office: Castillo & Associates Real Estate, Inc (#CLLO01)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
