USD 8,500,000

Miami Beach, Florida 33139

For Sale

Property Description

9087+- square feet On South Beach main corridor of Washington Ave. This site is currently 100% leased. Diverse Mix of 6 retail tenants, Three of which are month-to-month long term tenants. Other three tenants have long term lease with 3% annual increases built in. All tenants NNN. One of the most coveted retail locations on South Beach. Excellent CAP RATE with room for improvement. This is a rare opportunity. Seller demands strict confidentiality and that we do not disturb or alarm the Tenants with any indication that property is for sale, so NDA is required before sharing full data. SELLER SAYS SELL! Bring offers!! Seller willing to hold paper.

Listed by Finite Real Estate Corp

Property Details

ID #
A10683515
Status
Sale
Type
Commercial, Industrial
Zip Code
33139
Building Area
9,097ft2
Year Built
1936
Construction
Concrete Block Construction
Electric Service
Separate Meters
Occupancy
Tenant Occupied
Road Type
Four Lane
Type of Building
Shopping Center
Utilities
Internet
Zoning Information
6400

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