$2,400,000 USD
786-202-3303
150 SE 2nd Ave
Miami, FL 33131
City Center Miami
HIGHLIGHTS
- USPS- NNNN Leased Retail Storefront – Secure, long-term income from a federally backed tenant, ensuring low investment risk.
- Prime Downtown Miami Location – Located in the prestigious Chase Building, surrounded by high-end retail, corporate offices, and luxury residences.
- Rent Increase - with 8% rent escalations at each 5- year renewal period
- Partial NNN Lease Structure – Tenant covers property taxes, insurance, CAM, maintenance, and utilities, reducing landlord expenses.
- Additional Income Potential – 1,492 SF leased storage space generates $3,000/month ($36,000 annually), with an opportunity to convert into higher-rent
FOR SALE DETAILS
PRICE
$2,400,000 USD
PRICE/SF
$687 USD /SF
CAP RATE
4.79%
# OF UNITS
1
CONDO SIZE
-
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
USPS- leased retail in Miami’s Chase Building
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Office/Residential
ADD'L SUBTYPES
Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
140,000 SF
STORIES
14
BUILDING CLASS
A
YEAR BUILT
1965
SPRINKLERS
-
PARKING SPACES
50
LAND DETAILS
LAND ACRES
0.11 AC
LAND SF
4,792 SF
ZONING
T6-80-O
APN/PARCEL ID
01-4138-159-0001,01-4138-159-0010,01-4138-159-0150,01-4138-159-0190,01-4138-159-0270,01-4138-159-0350,01-4138-159-0420,01-4138-159-0490,01-4138-159-0590,01-4138-159-0680,01-4138-159-0920,01-4138-159-0980,01-4138-159-1040
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
786-202-3303
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
786-202-3303
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
