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DESCRIPTION
Newly renovated and fully stabilized triple net core retail investment property. The asset provides 26,947 square feet of rentable retail space evenly distributed over two buildings with grade parking. Developed by MV Group USA, the fully occupied property offers a robust merchandising plan with a well-balanced mix of new national credit tenants and tenured local tenants. Join fifteen food and beverage, health and beauty, medical, service, and specialty tenants with an average lease term of over 10 years remaining. All new leases include 3% yearly increases and some offer renewal options. The sale carries a $9 million seller financing loan at 4.5% for three to five years.,
, 19 53 41 .43 AC REV PL OF PT OF SEC 2 OF COUNTRY CLUB ESTS PB 34-40 TRACT B BLK 85 LOT SIZE 18730 SQUARE FEET OR 16636-0625 1094 1
FEATURES- Building Area Total 26947
- Building Area Units Square Feet
- City Miami Springs
- Contract Status Change Date 2023-08-24 00:00:00
- County Or Parish Miami-Dade County
- Expiration Date 2024-08-24 00:00:00
- Latitude 26
- List A O R A-Miami Association of REALTORS
- List Price 20172000
- Living Area Units Square Feet
- Longitude -80
- Lot Size Square Feet 66496
- Lot Size Units Square Feet
- Major Change Type New
- Mls Status Active
- On Market Date 2023-08-24 00:00:00
- Original List Price 20172000
- Originating System Name miamire
- Parcel Number 05-31-19-013-0020
- Postal Code 33166
- Postal Code Plus4 6058
- Property Sub Type Retail
- Property Type Commercial Sale
- Public Survey Range 31
- Public Survey Section 19
- Public Survey Township 31
- Standard Status Active
- State Or Province FL
- Tax Legal Description 19 53 41 .43 AC REV PL OF PT OF SEC 2 OF COUNTRY CLUB ESTS PB 34-40 TRACT B BLK 85 LOT SIZE 18730 SQUARE FEET OR 16636-0625 1094 1
- Unparsed Address
1 S Royal Poinciana Blvd
Miami Springs FL 33166 - Year Built 1945
- Zoning 6400
Zulma Hernandez
LISTING AGENT
Listing Provided by:
Rayza Perez
Dwntwn Realty Advisors LLC
The multiple listing information is provided by Miami Association of REALTORS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©️2019 Miami Association of REALTORS. All Rights Reserved.
The information provided is for consumers’ personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
