7624 22Nd Ave Miami, FL 33147

Exceptional redevelopment opportunity in Miami, Florida, at 7624 NW 22nd Ave, 33147. This 816 sq ft Class C storefront, built in 1954, sits on a single story building and offers high occupancy (100%) with multiple tenants. Currently leased to a lash technician ($400/month) and a hairstylist ($600/month) on six-month leases. The property features two private rooms, ideal for beauty or wellness services. The asking price is $50,000, with a triple net (NNN) lease structure. Three parking spaces are available. Rent increases annually by 5%. The property is suitable for a variety of uses, including beauty studios, salons, barbershops, and wellness businesses. This is a multi-tenant property with a remaining lease term of two years. No credit rating is available for the current tenants. This is a great investment opportunity for a motivated buyer seeking a high-return property in a prime Miami location. The property is not subject to a ground lease.