17325 NW 27th Ave new Save Request In-Person Tour Request Virtual Tour
Miami Gardens,FL 33056
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 21,387 sqft
Price per Sqft $374
MLS Listing ID A11689570
Construction Status Resale
HOA Y/N No
Year Built 1989
Annual Tax Amount $53,548
Lot Size 0.900 Acres
Property 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.
Location
State FL
County Miami-dade
Area 21
Exterior
Waterfront No
Parking Type Common,Free Parking
Total Parking Spaces 85
Building
Story 2
Level or Stories Two
Structure Type Block
Construction Status Resale
Others
Tax ID 34-21-10-011-1390
Ownership Limited Partnership