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4179-4195 NW 167th St

9,648 SF 75% Leased Retail Building Opa Locka, FL 33055 $4,000,000 ($415/SF) 3.55% Cap Rate

Investment Highlights

  • Great location
  • Lots of room to build
  • High traffic area
  • New roof 2022.

Executive Summary

Strip Center with Property for Sale. Great Location High Traffic Area. Residential & Commercial Population. Zoning Commercial 6500. 4+ long term tenants. Lots of room for expansion. $14,000.00 monthly rental income. $168,000.00 yearly rental income. $26,000.00 yearly expenses. NOI $141,900.00

Attachments

AL 4195a

Property Facts Under Contract

Sale Type
Investment
Sale Conditions
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,648 SF
Building Class
C
Year Built
1959
Price
$4,000,000
Price Per SF
$415
Cap Rate
3.55%
NOI
$141,900
Percent Leased
75%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
1.89 AC
Zoning
BU-2 - Special Business Use
Parking
21 Spaces (2.18 Spaces per 1,000 SF Leased)
Frontage
274 FT on NW 167th St

Amenities

  • Freeway Visibility
  • Pylon Sign

About 4179-4195 NW 167th St , Opa Locka, FL 33055

Great Location High Traffic Area. Residential & Commercial Population. Zoning Commercial 6500. 4+ long term tenants. Lots of room for expansion

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 2,420 SF
  • Retail
  • End Cap
  • Now

Lease Space Available 2,420 sqft. In busy intersection strip center. $3,250.00 monthly rent. Was a hardware store previously.

Space Size Space Use Position Available
1st Floor 2,420 SF Retail End Cap Now

1st Floor

Size
2,420 SF
Space Use
Retail
Position
End Cap
Available
Now

1st Floor

Size 2,420 SF
Space Use Retail
Position End Cap
Available Now

Lease Space Available 2,420 sqft. In busy intersection strip center. $3,250.00 monthly rent. Was a hardware store previously.

Nearby Major Retailers

Walmart Neighborhood Market
Rent-A-Center
IGA

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
34-2108-013-0050
Land Assessment
$823,280
Improvements Assessment
$1,000
Total Assessment
$824,280
  • Listing ID: 28894631

  • Date on Market: 6/30/2023

  • Last Updated:

  • Address: 4179-4195 NW 167th St, Opa Locka, FL 33055

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