150 SE 2nd Ave - USPS- leased retail in Miami’s Chase Building 3,492 SF Retail Condo Unit Offered at $2,500,000 in Miami, FL 33131
INVESTMENT HIGHLIGHTS
- USPS- NNNN Leased Retail Storefront – Secure, long-term income from a federally backed tenant, ensuring low investment risk.
- Rent Increase - with 8% rent escalations at each 5- year renewal period
- Additional Income Potential – 1,492 SF leased storage space generates $2,500/month ($30,000 annually), with an opportunity to convert into higher-rent
- Prime Downtown Miami Location – Located in the prestigious Chase Building, surrounded by high-end retail, corporate offices, and luxury residences.
- Partial NNN Lease Structure – Tenant covers property taxes, insurance, CAM, maintenance, and utilities, reducing landlord expenses.
- Cap rate set to skyrocket! Net income rising from $83,963.76 to $108,963.80 by December 2025—a 29.7% increase! Secure your investment now!
EXECUTIVE SUMMARY
Synergy Realty Advisors proudly presents 150 SE 2nd Ave, Miami, FL, Suite 103, a premier retail investment opportunity in the prestigious Chase Building in Downtown Miami. This 3,492 SF high-visibility property is leased by the United States Postal Service (USPS), a federally backed tenant, ensuring stable cash flow and long-term security for investors.USPS occupies 2,000 SF under a NNN lease, with an 8% rent increase at the start of each 5-year renewal period, reinforcing strong rental growth. The remaining 1,492 SF is leased as storage, generating additional passive income. One of only four retail spaces on the first floor of the Chase Building, this property benefits from heavy foot traffic, high-density residential and commercial development, and immediate access to major transit hubs. With its prime location, government-backed tenant, and built-in rent escalations, this asset represents a low-risk, high-demand investment opportunity in one of the nation’s fastest-growing markets.
DATA ROOM Click Here to Access
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Controlled Access
- Reception
- Natural Light
- Air Conditioning
1 UNIT AVAILABLE
Unit 103
| Unit Size | 3,492 SF |
| Price | $2,500,000 |
| Price Per SF | $715.92 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 3.36% |
| NOI | $83,963.76 |
| APN/Parcel ID | 01-4138-159-0320 |
DESCRIPTION
150 SE 2nd Ave, Suite 103, is a 3,492 SF ground-floor retail condo unit located in the prestigious Chase Building in Downtown Miami. This high-visibility space is currently leased to the United States Postal Service (USPS) and an additional storage tenant, offering stable cash flow and long-term investment security.
The unit consists of 2,000 SF of prime retail space occupied by USPS under a partial NNN lease, featuring 8% rent escalations at each 5-year renewal period. The remaining 1,492 SF is leased as storage, generating $2,500 per month ($30,000 annually).As one of only four retail spaces in the Chase Building, this unit benefits from direct street-level access on SE 2nd Ave, heavy foot traffic, and a prime location surrounded by luxury residential towers, corporate offices, and high-end retail. USPS, as a federally backed tenant, ensures long-term stability, while the additional storage lease provides passive income with future value-add potential.
SALE NOTES
This is a rare opportunity to own a high-demand asset in one of Miami’s most dynamic commercial districts.
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Inside USPS
Inside USPS
Inside USPS
Inside USPS
Inside USPS
Inside USPS
Storage Bathroom
Storage Bathroom
Storage Hallway
Storage Hallway
Storage
MAJOR TENANT INFORMATION Click Here to Access
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| United States Postal Service |
99,999 SF SF
|
Jan 0000
|
| Storage tenant |
99,999 SF SF
|
-
|
