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505 NE 125Th Ter North Miami, FL 33161

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For Sale
$2,999,000

Stand-alone retail building in high-traffic area with development potential.

Property size:
3,750 SF
Lot size:
0.28 Acres

Property Features for 505 NE 125Th Ter

General Information

Size
3,750 SF
Lot size
0.28 Acres

Source: Fausto Commercial Realty Agent Giovanni Bertolotti

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Retail Building in Development Hotspot

This stand-alone retail building, totaling 3,700 square feet, is situated on a 10,700 square foot lot. The property fronts 125 St and NE 5 Ave in a development hotspot. The underlying C-3 zoning allows for a multitude of vertical development options. The property is currently leased to a national tenant on a Double Net Term. The FDOT car count exceeds 30,000 per day. The property is currently leased out to a national tenant in an expanding industry, with several years remaining on the lease. Nearby projects include a 466-unit storage development on 146 street, an 8-story multifamily development, and a nearly 1300 multifamily/mixed-use development. The 40-Year Recertification has been completed. The lease is structured as 2NN, with a secure lease through 2029 and 5-year renewal options.
Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
North Miami
County
Miami-Dade
State
Florida
Longitude
-80.168732
Latitude
25.892003

FAQs

What type of property is this?
Retail space - Stand-alone retail building in high-traffic area with development potential.
Where is this retail space located?
The property is located at 505 NE 125Th Ter North Miami, FL.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: - High-traffic location with over 30,000 FDOT car count per day.; - C-3 zoning allows for vertical development.; - Leased to a national tenant.
More about this property
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