505 NE 125th St - Medical FOR SALE
North Miami, FL 33161 |
505 NE 125th St
North Miami, FL 33161
HIGHLIGHTS
- Long-Term Lease with Two, Five-Year Renewal Option Periods
- 10 Percent Rent Increase in Year Six of Base Term, and in Second Option Period
- Brand New Location, Property was Recently Renovated by Tenant
- Part of the Miami MSA with a Population of More Than 2.7 Million
- Population Over 489,000 Within a Five-Mile Radius
- 1.5 Miles from Interstate 95, the Major Roadway in the State with More Than 267,000 Vehicles Daily
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Medical Cannabis Dispensary
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Drug Store
TOTAL BUILDING SIZE
3747
STORIES
1
BUILDING CLASS
B
YEAR BUILT
1968
SPRINKLERS
-
PARKING SPACES
16
LAND DETAILS
LAND ACRES
0.25 AC AC
LAND SF
10,890 SF
ZONING
-
APN/PARCEL ID
06-2230-025-0260
