Renovated Retail Showroom
For Sale
Contact for pricing
Pending
950 NW 72nd St, Miami, FL 33150
Gut-renovated in 2017 and currently demised into three retail spaces for custom closet fabrication and interior design showrooms.
Property SizeContact for details
Days on Market124
Property Features for 950 NW 72nd St
General Information
Standard status
Pending
Property subtype
Industrial
Building Details
Year Renovated
2017
Listing Agency:
Gridline Properties
(305) 282-1862
Listed By:
Jonathan Eismann · License #3243175
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Aug 12 at 1:15PM
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 Gridline Properties
Investment Insights
Based on property information with market context.
This gut-renovated retail property was renovated to code in 2017 and is currently demised into three spaces. The tenant mix includes custom closet fabricators and two interior design showrooms. The offering is presented as requiring zero dollars in capex upon acquisition.
The current gross operating income is stated at $315,780 annually. Lease expirations are noted for a 2,000 SF space ending 11/23, a 3,500 SF space ending 6/23, and an 18,000 SF space ending 6/23. The property is located at 950 NW 72nd St in Miami, FL 33150.
The current gross operating income is stated at $315,780 annually. Lease expirations are noted for a 2,000 SF space ending 11/23, a 3,500 SF space ending 6/23, and an 18,000 SF space ending 6/23. The property is located at 950 NW 72nd St in Miami, FL 33150.
Key Highlights
- Gut renovated to code in 2017; currently demised into 3 spaces for custom closet fabrication and interior design showrooms.
- 3 retail tenants with reported current annual GOI of $315,780.
- 2,000 SF tenant lease expires 11/23.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,280
Businesses Nearby
Explore this area
Business Placement
Demographics for 33150, FL
28,703
Population
12,403
Households
2.3
Avg Household Size
37
Median Age
14%
College-Educated
75%
High-School Grad
3.5 sq mi
ZIP Area
8,201
Density / Sq Mi
$40,802
Median Household Income
$32,359
Median Earnings
$1,179
Median Rent
$377,700
Median Home Value
Market
Vacancy Rate% for Retail in Miami, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Gut-renovated in 2017 and currently demised into three retail spaces for custom closet fabrication and interior design showrooms.
Where is this retail space located?
The property is located at 950 NW 72nd St Miami, FL.
What are key features of this property?
This property features: Gut renovated to code in 2017; currently demised into 3 spaces for custom closet fabrication and interior design showrooms.; 3 retail tenants with reported current annual GOI of $315,780.; 2,000 SF tenant lease expires 11/23.
