950 NW 72nd St Miami, FL 33150

Listing agency Gridline Properties j***@gridlineproperties.com Show Phone

Listed by Jonathan Eismann · License #3243175

Source Crexi

Added: Apr 12 Updated: Jul 20 at 11:07PM Checked: Jul 21 at 9:11AM

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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.

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.

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FAQs

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.