$8,000,000

17325 NW 27th Ave, Miami Gardens, FL 33056

  • 21,387 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1989
  • Property Lot Size Icon0.9acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $374/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

INVESTMENT HIGHLIGHTS: Building Size 24,964 sq ft, Lot Size 39,204 sq ft, Year Built 1989, 97% occupied, First Time On Market in Over 20 Years, Recently Re-Roofed, New LED lighting, New surveillance cameras throughout the property, New, LED monument sign, 85 parking spaces, 1 elevator, 2 staircases. Strong and stable cash flow for potential investors. Upside potential by leasing the remaining unit plus adjusting rents through multiple short-term leases. Triple net leases . 5% annual rent increases providing strong rent growth for a potential buyer. The investment presents a unique opportunity to own a mixed-use building with small spaces that can easily be rented out to in a rapidly growing neighborhood.

Listing Status:
Active
Date Added:
November 7, 2024 at 06:00AM
Listing Office:
Castillo & Associates Real Estate, Inc : 305-778-5383
Listing Agent:
Maydelin Castillo Florez : 305-778-5383
MLS ID:
A11689570
  • Parking: CommonFree Parking

This listing courtesy of Maydelin Castillo Florez, Castillo & Associates Real Estate, Inc

Location

Schools Nearby

M

Myrtle Grove K-8 Center

3125 NW 176th St, Miami Gardens, FL, 33056

Grades PK-5

0.51 miles away

S

Secondary Student Success Center 801

2349 NW 175th St, Miami, FL, 33160

Grades 6-11

0.31 miles away

S

Secondary Student Success Center 801

2349 NW 175th St, Miami, FL, 33160

Grades 6-11

0.31 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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