17325 NW 27th Avenue, Miami Gardens, FL 33056

Listing Snapshot

About This Home

INVESTMENT HIGHLIGHTS: All triple net leases, Cap rate 7.03%, 100 Occupied. Building Size 24,964 sq ft, Lot Size 39,204 sq ft, Year Built 1989, First Time On Market in Over 20 Years, Recently Re-Roofed, New LED lighting, New surveillance cameras throughout the property, New, LED monument sign, 85 parking spaces, 1 elevator, 2 staircases. Strong and stable cash flow for potential investors. Upside potential by leasing the remaining unit plus adjusting rents through multiple short-term leases. Triple net leases. annual escalations providing strong rent growth for a potential buyer. The investment presents a unique opportunity to own a mixed-use building with small spaces that can easily be rented out to in a rapidly growing neighborhood. The property is located on an excellent location near the Miami Dade and Broward County lineLocated on 27th Avenue corridor 1.6 miles to Hard Rock Stadium; a world class hub for major sporting and entertainment events, including Miami Dolphins games, Miami Hurricane football, major concerts, Formula 1 racing and the Miami Open Tennis tournament. Less than a mile north of the Palmetto Expressway (SR 826) and about 2 miles south of the Florida Turnpike.43,500 vehicles per day on 27th AvenueDense population, in excess of 655,000 within 5-mile radius

General Features

Property Type

CommercialSale

Sub-type

MixedUse

Stories

2

Parking Spaces

85

Parking

Common,FreeParking

Zoning

6500

Interior Features

Exterior Features

Construction

Block

Lot Features

CityLot

Community Features

Community Features

Shopping

MLS Area

2210

Map

Virtual Tour