6891 SW 40th St - Storefront Retail/Office FOR SALE


Miami, FL 33155- Coral Terrace West
$3,200,000 USD
305-753-4614
6891 SW 40th St, Miami, FL for Sale
$3,200,000 USD
Storefront Retail/Office - FOR SALE
1/40
null | 4.3% Cap Rate

6891 SW 40th St
Miami, FL 33155
Coral Terrace West


HIGHLIGHTS

  • High visibility freestanding building corner location
  • Pylon sign for enhanced visibility
  • Daily traffic count of 64,500 AADT
  • proximity to major retailers and service businesses
  • Easy access to major roads

OVERVIEW

Our team is delighted to present you this this remarkable opportunity with seller financing- It's a freestanding building on a corner lot -Shopping Center for investor or owner-user in prime location with a great visibility. The property is strategically positioned at the intersection of Bird Rd (40th Street) and SW 69th Ave, with 125 Ft of frontage on Bird rd, close to major retailers, restaurants, and across the street from "El Car Wash". It's a 4,215 Sq Ft property on a 10,000 Sq Ft lot with 18 parking spots. The 5 spaces are currently fully leased to 4 tenants on a month-to-month basis and at a significantly below market rate rent. Tenants are: coin laundry, take-out restaurant, insurance agency and aquarium store. The tenants can stay at the new rent rate after closing or have 30 days to leave the premisses according to the new owner requirements. The new Owner could choose to occupy any of the spaces for themselves. We are offering excellent flexible conditions of payment: Seller financing - Terms are negotiable. This is a valuable asset and the property is easy to show, Don't miss this great opportunity! Let's make a deal!

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$759 USD /SF

CAP RATE

4.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

BU-2

APN/PARCEL ID

30-4014-005-3460

ASK ABOUT THIS PROPERTY

Raquel AfriatL2A Advisory Partners LLCMore Info
305-753-4614

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Raquel AfriatL2A Advisory Partners LLCMore Info
305-753-4614

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