9521 Harding Ave - Storefront FOR SALE


Surfside, FL 33154
$2,500,000 USD
954-931-1369
9521 Harding Ave, Surfside, FL for Sale
$2,500,000 USD
Storefront - FOR SALE
1/48
null | Request Cap Rate

9521 Harding Ave
Surfside, FL 33154


HIGHLIGHTS

  • Long-term control with no ownership risk
  • Strong, stabilized retail income
  • High-yield leasehold investment
  • Surfside submarket strength
  • Passive ownership structure

OVERVIEW

The offering is the master leasehold interest for a 3,500± SF retail building with four retail tenants in the heart of Surfside. It presents a rare opportunity to acquire a stabilized, income-generating retail asset via a master leasehold interest with strong upside potential. The offering includes control of the property through a 99-year ground lease, which expires in December 2049, with the ability to collect and increase below market rents, operate and maintain the asset, and benefit from long-term cash flow, without fee simple ownership. Although the underlying property is not included in the offering, it may be available separately.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$718 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

B-1

APN/PARCEL ID

14-2235-007-0360

ASK ABOUT THIS PROPERTY

Belus BrutusThe Kislak Company, Inc.More Info
954-931-1369

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Belus BrutusThe Kislak Company, Inc.More Info
954-931-1369

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