Investment Oportunity | 300 SW 17th Ave
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Investment Oportunity 300 SW 17th Ave
6,893 SF 100% Leased Retail Building Miami, FL 33135 $3,500,000 ($508/SF) 6.20% Cap Rate
Investment Highlights
- AC Units
- Property-wide Renovation
Executive Summary
Prime retail space at 300 SW 17th Ave, is a lucrative investment opportunity. The property boasts high ceilings and modern amenities. Property wide renovation completed in 2022, including new electric, plumbing, HVAC and grease trap Tenants benefit from a recent property-wide renovation, including new AC units and grease traps. With 24-hour access and ample signage potential, this fully occupied property offers immediate returns.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,893 SF
Building Class
C
Year Built
1956
Price
$3,500,000
Price Per SF
$508
Cap Rate
6.20%
NOI
$217,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.75
Land Acres
0.21 AC
Walk Score ®
Walker's Paradise (90)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 01-4103-014-1400 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $979,216 |
PROPERTY TAXES
Parcel Number
01-4103-014-1400
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$979,216
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Investment Oportunity | 300 SW 17th Ave
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