17325 NW 27th Ave - Office FOR SALE


Miami Gardens, FL 33056
$6,998,000 USD
305-778-5383
17325 NW 27th Ave, Miami Gardens, FL for Sale
$6,998,000 USD
Office - FOR SALE
1/4
null | 6.5% Cap Rate

17325 NW 27th Ave
Miami Gardens, FL 33056


HIGHLIGHTS

  • 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 neigh
  • 97% occupied
  • New LED lighting
  • Triple net leases
  • Annual rent escalations providing strong rent growth for a potential buyer
  • Upside potential by adjusting rents through multiple short-term leases

OVERVIEW

-The property is located on an excellent location near the Miami Dade and Broward County line. -Located 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 Avenue -Dense population, in excess of 655,000 within 5-mile radius

FOR SALE DETAILS

PRICE

$6,998,000 USD

PRICE/SF

$327 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Clear View Center

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

BU-1A, County

APN/PARCEL ID

34-2110-011-1390

ASK ABOUT THIS PROPERTY

Maydelin CastilloCARE, Inc.More Info
305-778-5383

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Maydelin CastilloCARE, Inc.More Info
305-778-5383

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.