1260 NW 29th St - Storefront FOR SALE


Miami, FL 33142
$3,950,000 USD
305-282-1862
1260 NW 29th St, Miami, FL for Sale
$3,950,000 USD
Storefront - FOR SALE
1/20
null | Request Cap Rate

1260 NW 29th St
Miami, FL 33142


OVERVIEW

Gridline Properties presents an exceptional opportunity in the vibrant Allapattah neighborhood (33142). The property includes two contiguous properties on two separate folios - 1260 and 1270 NW 29th Street - totaling 11,908 square feet on 16,845 square feet of land. Both properties recently underwent extensive renovations and are under lease with a roster of stable and handpicked tenants supported by high-quality NNN lease agreements. Combined the contiguous properties occupy 116 feet of linear street-front exposure with lot depth of 145 feet and feature a city-owned and maintained service-alley on the south side which provides multiple access and egress points. Zoned D1, this well-maintained property offers an attractive location within a rapidly growing area. NOTE: There is currently one space, Unit 101 at 1260 nw 29th Street which is vacant, otherwise the property is fully leased. The buyer may opt to occupy this unit for their own use or rent it for addition income.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$332 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1260 & 1270 NW 29th St

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,908 SF

ZONING

7000

APN/PARCEL ID

01-3126-039-1880

ASK ABOUT THIS PROPERTY

Jonathan Eismann, PAJONATHAN EISMANN PA -More Info
305-282-1862

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Jonathan Eismann, PAJONATHAN EISMANN PA -More Info
305-282-1862

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