21 S Krome Ave - Storefront FOR SALE


Homestead, FL 33030- Downtown Homestead
$3,000,000 USD
305-431-2785
21 S Krome Ave, Homestead, FL for Sale
$3,000,000 USD
Storefront - FOR SALE
1/8
null | 5.4% Cap Rate

21 S Krome Ave
Homestead, FL 33030
Downtown Homestead


HIGHLIGHTS

  • Seller Financing
  • Fully Leased
  • Triple Net Leases
  • Recertification Completed

OVERVIEW

Investment Opportunity – Fully Leased Retail Center in Downtown Homestead.? Rare opportunity to acquire a fully leased neighborhood retail center located on highly visible Krome Avenue in the heart of Homestead's commercial corridor.? The property consists of approximately 12,848 square feet situated on a 13,735-square-foot corner parcel and is currently 100% occupied by eleven tenants operating under NNN lease structures.? The property provides investors with immediate cash flow from a diversified tenant mix.? The building has completed its 10-Year Recertification, reducing near-term capital expenditure concerns and enhancing long-term ownership stability.? Strategically positioned along one of Homestead's primary commercial thoroughfares, the property benefits from strong visibility, consistent traffic counts, established surrounding businesses, and continued residential and commercial growth throughout South Miami-Dade County.?

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$298 USD /SF

CAP RATE

5.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

B-1

APN/PARCEL ID

10-7918-000-0100

ASK ABOUT THIS PROPERTY

Vladimir GolikKeller Williams Realty Premier PropertiesMore Info
305-431-2785

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Vladimir GolikKeller Williams Realty Premier PropertiesMore Info
305-431-2785

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