1806 SW 22 AVE

Sold

1806 SW 22 AVE

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1806 SW 22 AVE NNN Retail Investment

City:Miami

Land area:4,750

Property Status: Sold

Danilo Aquino danilo@apexcapitalrealty.com

Price $875,000

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Property Summary

Allowable Uses: Food services, general commercial, residential

Zoning: T4-L

No. of Tenants: 2 Tenants

Cape Rate: 7.5%

NOI $66,059.14

Description Apex Capital Realty is pleased to offer the opportunity to acquire a free standing retail building located in the Shenandoah neighborhood of Miami. 1806 SW 22 Ave is located a few blocks from Coral Way (22nd Street) and less than a mile from South Dixie Highway. This building contains retail space for up to two tenants, and sits on a 4,750 SF of land and contains 2,587 SF of leasable space.
The property is occupied by two separate tenants which generate a total of $66,059.14 in yearly Net Operating Income. Option period per the leases, will go to fair market value once initial term expires.
FINANCING AVAILABLE

Lot & Building Size Breakdown:

Building Size: 2,587 SF

Lot Size: 4,750 SF

Details Property size: 2,587 Property Status: Sold Property Type: Retail Land Area: 4,750 Year Built: 1924

Address City: Miami State/country: Florida

Documents Property Brochure download

Listing Agents

Danilo Aquino Commercial Advisor

(786) 201-3020 danilo@apexcapitalrealty.com

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1806 SW 22 AVE NNN Retail Investment Retail Danilo Aquino 2 years ago $875,000