900-950 NW 36th St - Storefront Retail/Office FOR SALE


Miami, FL 33127
$4,850,000 USD
305-753-4200
900-950 NW 36th St, Miami, FL for Sale
$4,850,000 USD
Storefront Retail/Office - FOR SALE
1/22
null | 5.05% Cap Rate

900-950 NW 36th St
Miami, FL 33127


HIGHLIGHTS

  • MULTIPLE GREASE TRAPS
  • MULTIPLE WALK IN COOLERS
  • SELLER FINANCING AVAILABLE
  • RECENTLY RE-SEALED ROOF
  • NEW ELECTRICAL
  • FULL 36 ST FRONTAGE

OVERVIEW

Rare opportunity to purchase a high value retail center with future development potential. Located just west of I-95 on 36 street, the property offers an investor a window to ride the wave of westward expansion. Following the creation of the Midtown complex on 36 street and the newly created Wynwood Norte District - 36th street has seen a strong uptick in recent years. With this property, an investor can immediately come in and replace the expired leases with market rate leases to skyrocket the income. The property has full 36 street frontage - spanning corner to corner.

FOR SALE DETAILS

PRICE

$4,850,000 USD

PRICE/SF

$384 USD /SF

CAP RATE

5.05%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

ALLAPATTAH COVERED LAND/ SHOPPING CENTER

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

T5-L

APN/PARCEL ID

01-3126-030-0170

ASK ABOUT THIS PROPERTY

Joshua JimenezSTL CommercialMore Info
305-753-4200

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305-753-4200

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