17325 NW 27Th Ave Miami Gardens, FL 33056
Property Features for 17325 NW 27Th Ave
General Information
- Property type
- Commercial
- Standard status
- Active
- Lot size
- 0.90 Acres
Building Details
- Year built
- 1989
Source:
Elliman
Listing Agent: Maydelin Castillo Florez
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Miami Gardens Mixed-Use Investment
This mixed-use property, constructed in 1989, offers a strong and stable cash flow for potential investors. The building spans 24,964 square feet on a 39,204-square-foot lot. It features 85 parking spaces, one elevator, and two staircases. The property has recently been re-roofed and equipped with new LED lighting and surveillance cameras throughout, as well as a new LED monument sign. The property is 100% occupied with all triple net leases and a cap rate of 7.03%. The investment presents a unique opportunity to own a mixed-use building with small spaces that can easily be rented out in a rapidly growing neighborhood. There is upside potential by leasing the remaining unit plus adjusting rents through multiple short-term leases. Triple net leases and annual escalations provide strong rent growth for a potential buyer.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Mixed-use properties
Location Insight
- Map
- Local Demand
- City
- Miami Gardens
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.244332
- Latitude
- 25.93246
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Fully occupied mixed-use building with strong cash flow.
Where is this mixed-use property located?
The property is located at 17325 NW 27Th Ave Miami Gardens, FL.
What is the asking price?
The asking price for this property is $6,950,000.
What are key features of this property?
This property features: - 100% Occupied with Triple Net Leases; - Enjoy a **7.03% Cap Rate**; - **Strong and Stable Cash Flow**
