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- (305) 790-0199
1 S Royal Poinciana Blvd
Miami Springs , FL 33166
MLS#: A11441771
$20,172,000
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1945
Sq.Footage
N/A
Newly renovated and fully stabilized triple net core retail investment property. The asset provides 26,947 square feet of rentable retail space evenly distributed over two buildings with grade parking. Developed by MV Group USA, the fully occupied property offers a robust merchandising plan with a well-balanced mix of new national credit tenants and tenured local tenants. Join fifteen food and beverage, health and beauty, medical, service, and specialty tenants with an average lease term of over 10 years remaining. All new leases include 3% yearly increases and some offer renewal options. The sale carries a $9 million seller financing loan at 4.5% for three to five years.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Property Type
Commercial Sale
-
Property Sub Type
Retail
Price
-
Sales Price
$20,172,000
-
Tax Amount
29673.0
-
Zoning
6400
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
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Location
County
Miami-Dade
Elementary School
Middle School
High School
Listing Courtesy of Rayza Perez , Dwntwn Realty Advisors LLC
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Realtor
JarrodGaylis
Call Jarrod today to schedule a private showing.
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