4351-4399 W 16th Ave - Retail FOR SALE


Hialeah, FL 33012
$11,600,000 USD
754-736-0335
4351-4399 W 16th Ave, Hialeah, FL for Sale
$11,600,000 USD
Retail - FOR SALE
1/9
null | 6.12% Cap Rate

4351-4399 W 16th Ave
Hialeah, FL 33012


HIGHLIGHTS

  • 100% nnn leases
  • Limited shopping center inventory in the area
  • 6.12% going in cap rate

OVERVIEW

32,362 SF mixed use NNN retail center,95% occupied with 20 tenants (19 occupied 1 vacant) 100% NNN leases. Zero landlord expense responsability. Taxes,insurance, and cam paid direct by tenants. Value Add: 17 of 20 tenants are below the $35/SF market rate.

FOR SALE DETAILS

PRICE

$11,600,000 USD

PRICE/SF

$358 USD /SF

CAP RATE

6.12%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Coconut Square

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

95

LAND DETAILS

LAND ACRES

1.55 AC

LAND SF

67,387 SF

ZONING

C-2

APN/PARCEL ID

04-3002-072-0030

ASK ABOUT THIS PROPERTY

Andres VillarealTrustpoint Realty, LLC.More Info
754-736-0335

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Andres VillarealTrustpoint Realty, LLC.More Info
754-736-0335

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