Basics
- Lot Size Units: Square Feet
- Building Name: GOULDS SHOPPING PLAZA, GOULDS SHOPPING PLAZA
- Category: Commercial Sale
- Type: Retail
- Status: Active
- Bathrooms: 0
- Year built: 1985
- MLS ID: A11573040
Description
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Description:
Retail Strip Shopping Center with National Tenant Restaurant Outparcel for Sale on Signaled Intersection of US-1 and SW 216th Street, in the fast-growing Goulds/Cutler Bay area. The shopping center is 24,626 SF and sits on 2.71 Acres, providing excellent visibility to 38,000 cars per day on US-1 and on SW 216th St. Tenants include Church's Chicken Outparcel National Tenant, and Ten junior complimentary tenants. The shopping center is being offered at a 5.8% Market Cap Rate and is 100% Occupied with stable tenants. This is an excellent investment for a buyer seeking a stable income. Located 1-mile South of the Florida Turnpike at Caribbean Boulevard and the New "Southplace City Center" at Southland Mall. A full Offering Memorandum is available upon request.
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Property details
- Total Building Area: 24624
- Number of Buildings: 2
- Lot Size Square Feet: 117967
- Parcel Number: 30-60-07-000-0250
- Lot Size Area: 117967
- Structure Type: Retail
Property Features
- Parking Features: Common
- Construction Materials: Block
- Cooling: Central Air
- Cooling Y/N: 1
- Covered Spaces: 0
- Sewer: Public Sewer
- Roof: Concrete
- Waterfront Y/N: 0
- Water Source: Public
- Stories: 1
Location Details
- County Or Parish: Miami-Dade County
- Directions: Florida Turnpike Exit 12 at Caribbean Blvd. and head South on US-1 to Signaled Intersection on SW 216th Street. The Shopping Center is on the East side of US-1.
- Zoning Description: BU-1A
Fees & Taxes
- Tax Annual Amount: 68005
- Tax Legal Description: 7 56 40 & 12 56 39 2.71 AC M/L SW1/4 OF SW1/4 OF SW1/4 OF SW1/4 LESS SR #5 & LESS S55FT & N25FT & SE1/4 OF SE1/4 OF SE1/4 LYG SELY SR #5 LES
Miscellaneous
- Public Survey Township: 30
- Public Survey Section: 7
- Syndication Remarks: Retail Strip Shopping Center with Outparcel National Restaurant Tenant for Sale on Signaled Intersection of US-1 and SW 216 Street, in Miami.
- Operating Expense: 137651
- Gross Income: 600252
- Gross Scheduled Income: 475100
- Net Operating Income: 460527
- Virtual Tour URL: https://www.propertypanorama.com/instaview/mia/A11573040
Ask our real estate expert about this property
This Retail-type commercial real estate is located in 216 St, Miami, was built in 1985, and is listed at $7,900,000.