2500 Biscayne Blvd Miami, FL 33137
Prime Miami retail, 100% occupied, high NOI.
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 394
Property Features for 2500 Biscayne Blvd
General Information
- Property type
- Individual retail properties
- Square Feet
- 13,243 SF
Building Details
- Year Built
- 2017
- Stories
- 1
- Units
- 3
HighLights
- $14,200,000 asking price for a 13,243 SF, triple‑net (NNN) leased retail storefront.
- 100% occupancy with three credit tenants (Mount Sinai, Rice Mediterranean Kitchen, and Amerant Bank).
- 6.01% cap rate with a net operating income (NOI) of $852,768.
- Located in Miami's Edgewater district at 2500 Biscayne Blvd, a high‑traffic double‑corner location with over 40,000 daily car counts.
- 45 dedicated parking spaces.
- Built in 2017 with rent bumps included in the lease agreements.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.1894492
- Latitude
- 25.8015142