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CommercialSaleRetailFLMiami11601, 216 St, Miami, FL, 33170

11601 SW 216 St

11601, 216 St, Miami, FL, 33170
    $7,900,000
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    Basics

    • Category:
    • Type:
    • Status:
    • Bathrooms: 0
    • Floors: 1
    • Lot size: 117967, 117967 sq ft
    • Year built: 1985
    • County: Miami-Dade
    • MLS ID: A11573040

    Description

    • 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 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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    Location

    • 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.

    Building Details

    • Building Name: GOULDS SHOPPING PLAZA
    • Structure Type: Retail
    • Water Source: Public
    • Sewer: PublicSewer
    • Construction Materials: Block
    • Covered Spaces: 0
    • Levels: One
    • Number Of Buildings: 2

    Amenities & Features

    • Parking Features: Common
    • Roof: Concrete
    • Cooling: CentralAir

    Expenses, Fees & Taxes

    • Operating Expense: $137,651
    • Tax Annual Amount: $68,005

    Miscellaneous

    • List Office Name: Cruz Commercial Realty, LLC
    • Listing Terms: Cash,Conventional,Other

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    This -type commercial real estate is located in 11601, 216 St, Miami, FL, 33170 was built in 1985, and is listed at $7,900,000.

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