Newly renovated and fully stabilized triple net core retail investment property. The asset provides 26,947 sq.ft of rentable retail space evenly distributed over two buildings with grade parking. Developed by MV Group USA, the fully occupied property offers

1 SOUTH ROYAL POINCIANA BLVD, Miami Springs

$20,172,000 USD
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Dirección1 SOUTH ROYAL POINCIANA BLVD, Miami Springs
Tipo de PropiedadRetail
Tipo de NegocioCommercial / Residential Income
Precio$20,172,000
Precio Previo0 (336 días atrás)
Estatus de la PropiedadActive
Número MLSA11441771
Tamaño de la Propiedad66496
Tamaño del Lote66496
Año de Construcción1945
Número de Folio05-31-19-013-0020
Información de Zonificación6400
Días en el Mercado690

Descripción Detallada: Newly renovated and fully stabilized triple net core retail investment property. The asset provides 26,947 sq.ft of rentable retail space evenly distributed over two buildings with grade parking. Developed by MV Group USA, the fully occupied property offers a robust merchandising plan with a well-balanced mix of new national credit tenants and tenured local tenants. Join fifteen food and beverage, health and beauty, medical, service, and specialty tenants with an average lease term of over 10 years remaining. All new leases include 3% yearly increases and some offer renewal options. The sale carries a $9 million seller financing loan at 4.5% for three to five years.


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Información de Dirección
EstadoFlorida
CiudadMiami Springs
CondadoMiami-Dade County
Código Postal33166
Dirección1 SOUTH ROYAL POINCIANA BLVD
Sección19
Código Postal (4 Dígitos)6058
Información Financiera
Precio$20,172,000
Precio por Pie$0
Número de Folio05-31-19-013-0020
Valor del Impuesto$29,673
Descripciones Completas
Descripción DetalladaNewly renovated and fully stabilized triple net core retail investment property. The asset provides 26,947 sq.ft of rentable retail space evenly distributed over two buildings with grade parking. Developed by MV Group USA, the fully occupied property offers a robust merchandising plan with a well-balanced mix of new national credit tenants and tenured local tenants. Join fifteen food and beverage, health and beauty, medical, service, and specialty tenants with an average lease term of over 10 years remaining. All new leases include 3% yearly increases and some offer renewal options. The sale carries a $9 million seller financing loan at 4.5% for three to five years.
Parámetros de la Propiedad
Superficie Habitable66496
Tamaño del Lote66496
Superficie Total0.000
Información de Zonificación6400
Tamaño Máximo Arrendable66496
Año de Construcción1945
Tipo de PropiedadRetail
Tipo de NegocioCommercial / Residential Income
DirecciónSouth
Listado conDwntwn Realty Advisors LLC