Description
This is an ideal Owner/User, Free Standing, Fully Renovated retail building w/advertising pylon, on a hard corner (with traffic light). The Property is under a Triple Net Lease that offers significant upside, with a 7% annual lease escalation. The Property is perfectly suited for an owner/user upon expiration of the lease. The Property consists of a 8,546 SF building on .37 acres (16,177 SF) w/17 parking spaces onsite. It offers Street Front Retail entrances, Street Level Roll-Up Doors & 2 Dock Height Doors for multiple users. It has 18 foot high ceilings in the enormous showroom. Investors can increase income by either extending the existing lease w/current tenant (lease has an annual 7% Increase) or replace w/a market rate tenant.
Overview
Address: 2205 NW 20th St, Miami FL 33142
City: Miami
State/County: Miami-Dade County
Zip: 33142
Country: United States
Open In Google Maps
Property Id : 113112
Price: $ 5,749,000
Property Lot Size: 37 ft2
Other Features
Balcony
Built-In Grill
Can Raise Horses
Electrical Utility Available
Elevator
Exterior Cat Walk
Exterior Lights
First Floor Entry
Fruit Trees
Has a View
Has Cooling System
Has Heating System
Has Waterfront
Home Owners Association
Interior Hall
New Construction
Open Balcony
Open Parking
Other
Other Equipment/Appliances
Outdoor Shower
Property Attached
Room For Pool
Spa
Stairs
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