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Furniture 2 Go 1050 N Miami Beach Blvd

4,423 SF Retail Building North Miami Beach, FL 33162 $2,688,000 ($608/SF) 6.25% Cap Rate

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Investment Highlights

Rare Miami-Dade County Net Leased Investment Opportunity
Average Base Rental Increase Over Remaining Term of Lease is Almost 7.00%
Heavy Daily Traffic Count Over 57,000 Cars on North Miami Beach Boulevard (NW 163rd Street)

Furniture 2 Go Recently Renewed Their Lease Showing Commitment to the Location
Dense North Miami Beach Location with Over 200,000 People Living Within 3 Miles of Subject Property
Surrounding National Tenants Include Publix, Walmart, Home Depot, Ross Dress For Less and Lowe's.

Executive Summary

Marcus & Millichap has been selected to exclusively market for sale Furniture 2 Go located at 1050 N Miami Beach Boulevard in North Miami Beach, Florida. The free-standing single tenant Furniture 2 Go consists of a 4,423 square foot building on a 10,387 square feet parcel. The Property is extremely well located along N Miami Beach Boulevard (SR 826), the area’s primary commercial corridor. Furniture 2 Go is adjacent to the signalized intersection of NE 10th Avenue and N Miami Beach Boulevard (SR 826) and enjoys outstanding visibility along the heavily travelled roadway. The central location and easy access has made North Miami Beach one of South Florida’s best known regional shopping areas and one of its most popular sites for businesses and office users.