3251-3255 NW 183rd St - Storefront FOR SALE


Opa Locka, FL 33056
$1,600,000 USD
305-200-0348
3251-3255 NW 183rd St, Opa Locka, FL for Sale
$1,600,000 USD
Storefront - FOR SALE
1/9
null | Request Cap Rate

3251-3255 NW 183rd St
Opa Locka, FL 33056


HIGHLIGHTS

  • Neighborhood strip center with value-add upside
  • Below-market in-place rents
  • Roof replaced in 2019 & Parking lot recently resurfaced

OVERVIEW

The property is being offered as a value-add neighborhood strip center with in-place rents below current market levels and a strong owner-user component. The center contains approximately 5,023 SF on a 20,323 SF lot and is positioned along a highly visible, high-traffic main roadway. The asset is in solid physical condition, with a new roof completed in 2019 and a recently resurfaced parking lot, limiting near-term capital requirements for a new owner. The offering presents clear upside through future rent growth, tenant repositioning and potential owner occupancy, making it an attractive opportunity for both investors and owner-users seeking a well-located retail property with built-in value enhancement.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$314 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

BU-1

APN/PARCEL ID

34-2104-003-1800

ASK ABOUT THIS PROPERTY

Joseph SuarezTrustpoint Realty, LLC.More Info
305-200-0348

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Joseph SuarezTrustpoint Realty, LLC.More Info
305-200-0348

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