Flagler Ave Retail | 1106-1122 N Flagler ave
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Flagler Ave Retail 1106-1122 N Flagler ave
10,308 SF 100% Leased Retail Building Homestead, FL 33030 $2,950,000 ($286/SF) 7.01% Cap Rate
Investment Highlights
- Great redevelopment potential
- Owner financing available with attractive terms
- Close to Downtown Homestead and all Homestead retail/restaurants
- Long term tenants
Executive Summary
Land Size: 38,000 SF or 0.87 Acres
Building Size: 10,308 SF combined between the two buildings.
Sale Price: $2,950,000.00
Property Features
• Owner financing available with attractive terms
• Great redevelopment potential
• Ample parking
• Excellent access and visibility
• Zoning: B-2 City of Homestead
Location Features
• Historic Downtown District: Located in Homestead’s Historic Downtown District, this area offers a unique blend of charm and cultural richness.
• Access to Public Transit: The location provides convenient access to public transportation, making commuting easy.
• Shopping and Dining: Nearby shops and restaurants offer diverse dining and shopping options.
• Thriving Business Environment: The area supports a thriving business community, catering to various commercial needs and providing ample opportunities for growth.
Building Size: 10,308 SF combined between the two buildings.
Sale Price: $2,950,000.00
Property Features
• Owner financing available with attractive terms
• Great redevelopment potential
• Ample parking
• Excellent access and visibility
• Zoning: B-2 City of Homestead
Location Features
• Historic Downtown District: Located in Homestead’s Historic Downtown District, this area offers a unique blend of charm and cultural richness.
• Access to Public Transit: The location provides convenient access to public transportation, making commuting easy.
• Shopping and Dining: Nearby shops and restaurants offer diverse dining and shopping options.
• Thriving Business Environment: The area supports a thriving business community, catering to various commercial needs and providing ample opportunities for growth.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
10,308 SF
Year Built
1956
Price
$2,950,000
Price Per SF
$286
Cap Rate
7.01%
NOI
$206,729
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.87 AC
Opportunity Zone
Yes
Zoning
B-2 - B-2
Parking
14 Spaces (1.36 Spaces per 1,000 SF Leased)
Frontage
250 FT on Flagler Avenue
Amenities
- 24 Hour Access
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Monument Signage
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Parts Warehouse
- Professional, Scientific, and Technical Services
-
99,999 SF
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Parts Warehouse | Professional, Scientific, and Technical Services | 99,999 SF | - | - |
Walk Score®
Very Walkable (80)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 10-7907-006-0070 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $762,240 |
PROPERTY TAXES
Parcel Number
10-7907-006-0070
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$762,240
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Flagler Ave Retail | 1106-1122 N Flagler ave
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