Renovated Retail Investment Property

1 S Royal Poinciana Blvd, Miami Springs, FL 33166

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For Sale

$20,172,000

Fully stabilized retail property with national and local tenants.

Property size:

26,947 SF

Price / SF:

$748/SF

HighLights

Fully stabilized triple net (NNN) core retail investment property.
Fully occupied property with a robust merchandising plan and a well‑balanced mix of national credit tenants and tenured local tenants.
Average lease term of over 10 years remaining.
All new leases include 3% yearly increases.
Seller financing loan of $9 million available at 4.5% for three to five years.
Newly renovated with 26,947 square feet of rentable retail space.

We can help!

Listing Contact

Rayza Perez

For Sale

$20,172,000

Fully stabilized retail property with national and local tenants.

Property size:

26,947 SF

Price / SF:

$748/SF

Added:: Aug 24, 2023
Days on Market:: 1023
Last Refresh:: Jan 20 at 10:52 am

Property Features for 1 S Royal Poinciana Blvd

General Information

Standard status: Active
Size: 26,947 SF

We can help!

Listing Contact

Rayza Perez

Listing agent Rayza Perez License #3288548

Listing office Dwntwn Realty Advisors LLC

Listing date Aug 24, 2023

Source Exprealty

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

All listing content including descriptions, pricing, images are the copyrighted material of Dwntwn Realty Advisors LLC

HighLights

Fully stabilized triple net (NNN) core retail investment property.
Fully occupied property with a robust merchandising plan and a well‑balanced mix of national credit tenants and tenured local tenants.
Average lease term of over 10 years remaining.
All new leases include 3% yearly increases.
Seller financing loan of $9 million available at 4.5% for three to five years.
Newly renovated with 26,947 square feet of rentable retail space.

Overview

This is a fully stabilized triple net core retail investment property featuring 26,947 square feet of rentable retail space. The space is evenly distributed over two buildings with grade parking. Developed by MV Group USA, the fully occupied property has a mix of national credit tenants and local tenants. The property includes fifteen food and beverage, health and beauty, medical, service, and specialty tenants. The average lease term remaining is over 10 years. All new leases include 3% yearly increases, and some offer renewal options. Seller financing is available with a $9 million loan at 4.5% for three to five years.

Property Profile Location Intelligence

Current Use by Public Records

Shopping centers

Suggested Use

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Location Insight

Map
Local Demand

City: Miami Springs
County: Miami-Dade
State: Florida
Longitude: -80.282286
Latitude: 25.82238

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For sale
Shopping centers
FL
Miami Springs
33166
1 S Royal Poinciana Blvd

What type of property is this?

Shopping center - Fully stabilized retail property with national and local tenants.

Where is this shopping center located?

The property is located at 1 S Royal Poinciana Blvd Miami Springs, FL.

What is the asking price?

The asking price for this property is $20,172,000.

What are key features of this property?

This property features: Fully stabilized triple net (NNN) core retail investment property.; Fully occupied property with a robust merchandising plan and a well‑balanced mix of national credit tenants and tenured local tenants.; **Average lease term of over 10 years remaining.**

1 S Royal Poinciana Blvd, Miami Springs, FL 33166

Fully stabilized retail property with national and local tenants.

Property Features for 1 S Royal Poinciana Blvd

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Miami Springs Office Warehouse

Miami Springs Multifamily Investment Opportunity

Miami Springs Multifamily Investment Opportunity

Move-in Ready Furnished Office Space

Turnkey Furnished Office Suite

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