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$20,172,000
333 Days Online

1 S Royal Poinciana Blvd
Miami Springs, FL 33166

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
26,947
SqFt
$749
/SqFt
1945
Built
County:
Miami-Dade

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Newly renovated and fully stabilized triple net core retail investment property. The asset provides 26,947 square feet of rentable retail space evenly distributed over two buildings with grade parking. Developed by MV Group USA, the fully occupied property offers a robust merchandising plan with a well-balanced mix of new national credit tenants and tenured local tenants. Join fifteen food and beverage, health and beauty, medical, service, and specialty tenants with an average lease term of over 10 years remaining. All new leases include 3% yearly increases and some offer renewal options. The sale carries a $9 million seller financing loan at 4.5% for three to five years.

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Listing Snapshot
Price 
$20,172,000
Days Online 
333 Days
Bedrooms 
N/A
Inside Area (SqFt) 
26,947 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.53 Acres
Year Built 
1945
MLS® Number 
A11441771
Status 
Active
Property Tax 
$29,673
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
11 months agoListing updated with changes from the MLS®
11 months agoListing first seen online
General Features
Zoning 
6400
Property Sub Type 
Retail
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Community Features
MLS Area 
41
Listing courtesy of Dwntwn Realty Advisors LLC

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2024, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
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