1050 N Miami Beach Blvd - Freestanding FOR SALE


North Miami Beach, FL 33162
$2,688,000 USD
786-338-5731
1050 N Miami Beach Blvd, North Miami Beach, FL for Sale
$2,688,000 USD
Freestanding - FOR SALE
1/12
null | 6.25% Cap Rate

1050 N Miami Beach Blvd
North Miami Beach, FL 33162


HIGHLIGHTS

  • Rare Miami-Dade County Net Leased Investment Opportunity
  • Furniture 2 Go Recently Renewed Their Lease Showing Commitment to the Location
  • Average Base Rental Increase Over Remaining Term of Lease is Almost 7.00%
  • Dense North Miami Beach Location with Over 200,000 People Living Within 3 Miles of Subject Property
  • Heavy Daily Traffic Count Over 57,000 Cars on North Miami Beach Boulevard (NW 163rd Street)
  • Surrounding National Tenants Include Publix, Walmart, Home Depot, Ross Dress For Less and Lowe's.

OVERVIEW

Marcus & Millichap has been selected to exclusively market for sale Furniture 2 Go located at 1050 N Miami Beach Boulevard in North Miami Beach, Florida. The free-standing single tenant Furniture 2 Go consists of a 4,423 square foot building on a 10,387 square feet parcel. The Property is extremely well located along N Miami Beach Boulevard (SR 826), the area’s primary commercial corridor. Furniture 2 Go is adjacent to the signalized intersection of NE 10th Avenue and N Miami Beach Boulevard (SR 826) and enjoys outstanding visibility along the heavily travelled roadway. The central location and easy access has made North Miami Beach one of South Florida’s best known regional shopping areas and one of its most popular sites for businesses and office users.

FOR SALE DETAILS

PRICE

$2,688,000 USD

PRICE/SF

$608 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Furniture 2 Go

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

6400

APN/PARCEL ID

07-2217-014-0020

ASK ABOUT THIS PROPERTY

Kirk OlsonMarcus & MillichapMore Info
786-338-5731

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Kirk OlsonMarcus & MillichapMore Info
786-338-5731

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.