Sherwin Williams | 45+ Yr Operating History | 550 NW 27th Ave
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Sherwin Williams | 45+ Yr Operating History 550 NW 27th Ave
6,031 SF Retail Building Miami, FL 33125 $4,696,800 ($779/SF) 5.25% Cap Rate
Investment Highlights
- 45+ Year Operating History | 13 Years Remain | Corporate Signed | Options To Extend | Annual Rent Bumps
- Dense Demographics 5-Mile Trade Area | Downtown Miami and MIA Steady Population Growth Throughout Florida
- NN Leased | Fee Simple Ownership | No State Income Tax | Limited Landlord Responsibilities
- Signalized, Hard Corner Intersection | Dolphin Expy/State Hwy 836 | West of Loan Depot Park | New Developments
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,031 SF
Building Class
C
Year Built
1962
Price
$4,696,800
Price Per SF
$779
Cap Rate
5.25%
NOI
$246,582
Tenancy
Single
Building Height
1 Story
Building FAR
0.51
Lot Size
0.27 AC
Zoning
Commercial
Parking
17 Spaces (2.82 Spaces per 1,000 SF Leased)
Frontage
160 FT on NW 27th Ave
Amenities
- Pylon Sign
- Signage
- Air Conditioning
Walk Score ®
Very Walkable (86)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 01-4104-012-0181 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,094,846 |
PROPERTY TAXES
Parcel Number
01-4104-012-0181
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,094,846
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Sherwin Williams | 45+ Yr Operating History | 550 NW 27th Ave
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