1806 SW 22 AVE – APEX Capital Realty
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1806 SW 22 AVE
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1806 SW 22 AVE NNN Retail Investment
City:Miami
Land area:4,750
Property Status: Sold
Price $875,000
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
1806 SW 22 AVE NNN Retail Investment
City:Miami
Land area:4,750
Property Status: Sold
Price$875,000
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Our contacts APEX Capital Realty 561 NE 79 ST Suite 420 Miami, FL 33138 (305) 570-2600 info@apexcapitalrealty.com Press inquiries contact: info@apexcapitalrealty.com
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