854 N Krome Ave - Drug Store FOR SALE


Homestead, FL 33030- Downtown Homestead
$10,000,000 USD
305-747-5117
854 N Krome Ave, Homestead, FL for Sale
$10,000,000 USD
Drug Store - FOR SALE
1/36
null | 8% Cap Rate

854 N Krome Ave
Homestead, FL 33030
Downtown Homestead


HIGHLIGHTS

  • Krome Plaza GOLDMINE~24 UNITS ~ NNN ~ 9% CAP

OVERVIEW

ATTENTION INVESTORS / CONTRACTORS! 24 units, value-add opportunity: a Triple Net Lease shopping center with an impressive 9% Cap rate BEFORE any value-add! Perfect for owners & landlords. Krome Ave has become the vibrant commercial retail hub of Homestead, prime location bordering Florida City, offering lucrative prospects for discerning investors. Spanning an expansive 15,168 SFT of building space and situated on almost 1 acre (over 38,636 SFT) of land, its strategic positioning sets it apart, promising substantial returns for years to come. ALWAYS fully occupied, B-1 zoning allows for a diverse tenant mix. Rental rates currently below market value, endless opportunities! DO NOT DISTURB TENANTS! Financials are in the pics. Tenants pay taxes, insurance & maintenance!! PLEASE call or text Steven 305-900-7521 with questions. ON & Property Brochure in Documents. #goldmine

FOR SALE DETAILS

PRICE

$10,000,000 USD

PRICE/SF

$660 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Krome Plaza GOLDMINE~24 UNITS ~ NNN ~ 9% CAP

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,636 SF

ZONING

B-1

APN/PARCEL ID

10-7812-004-0060

ASK ABOUT THIS PROPERTY

Ricky KallabatKW CommercialMore Info
305-747-5117

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Ricky KallabatKW CommercialMore Info
305-747-5117

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