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DESCRIPTION
This is an ideal Owner/User, Free Standing, Fully Renovated retail building w/advertising pylon, on a hard corner (with traffic light). The Property is under a Triple Net Lease that offers significant upside, with a 7% annual lease escalation. The Property is perfectly suited for an owner/user upon expiration of the lease. The Property consists of a 8,546 SF building on .37 acres (16,177 SF) w/17 parking spaces onsite. It offers Street Front Retail entrances, Street Level Roll-Up Doors & 2 Dock Height Doors for multiple users. It has 18 foot high ceilings in the enormous showroom. Investors can increase income by either extending the existing lease w/current tenant (lease has an annual 7% Increase) or replace w/a market rate tenant.,
, DR BURKHARTS WINTER GDNS PB 5-22 LOTS 17 & 18 LESS S25FT ST & LOT 19 LESS S25FT & LESS R/W BLK 8 LOT SIZE 16177 SQUARE FEET OR 21609-3587 09
FEATURES- Building Area Total 8546
- Building Area Units Square Feet
- City Miami
- Construction Materials
Other
Stucco - Contract Status Change Date 2023-09-05 00:00:00
- Cooling Yes
- County Or Parish Miami-Dade County
- Current Use Retail
- Days On Market 97
- Directions Take sw 17 av. to NW 20 st. Turn West to address. Property is on the corner on the right hand side.
- Electric On Property Yes
- Expiration Date 2024-02-28 00:00:00
- Flooring Concrete
- Heating Yes
- Inclusions Building & Land
- Latitude 26
- List A O R A-Miami Association of REALTORS
- List Price 5749000
- Living Area Units Square Feet
- Longitude -80
- Lot Size Acres 37
- Lot Size Square Feet 16177
- Lot Size Units Square Feet
- Major Change Type New
- Mls Status Active
- On Market Date 2023-09-05 00:00:00
- Original List Price 5749000
- Originating System Name miamire
- Ownership Corporation
- Parcel Number 01-31-27-046-1770
- Parking Total 17
- Possession Funding
- Postal Code 33142
- Postal Code Plus4 7311
- Property Sub Type Retail
- Property Type Commercial Sale
- Public Survey Range 31
- Public Survey Section 27
- Public Survey Township 31
- Roof Concrete
- Security Features
Security System
Smoke Detector(s) - Showing Contact Type Agent
- Showing Instructions
Appointment Only
Call Listing Agent - Standard Status Active
- State Or Province FL
- Stories 1
- Stories Total 1
- Tax Legal Description DR BURKHARTS WINTER GDNS PB 5-22 LOTS 17 & 18 LESS S25FT ST & LOT 19 LESS S25FT & LESS R/W BLK 8 LOT SIZE 16177 SQUARE FEET OR 21609-3587 09
- Tax Year 2022
- Unparsed Address
2205 NW 20th St
Miami FL 33142 - Virtual Tour URL Unbranded www.FloridaCommercialteam.com
- Water Source Public
- Year Built 1995
- Year Built Details Resale
- Zoning 6100
Zulma Hernandez
LISTING AGENT
Listing Provided by:
Paul Silverstein
RE/MAX Advance Realty
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.
