6030 SW 40th St Miami, FL 33155 United States

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Mon-Friday, 9am-6pm Closed Saturdays and Sundays

Property Description

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.

Address Map
FL
Miami-Dade County
Miami Springs
33166
1 S Royal Poinciana Blvd
0
W81° 43' 9.4''
N25° 49' 15.6''
Additional Information
7
: Sale
$29,673
6400

Commercial Sale For Sale

1 S Royal Poinciana Blvd, Miami Springs, Florida 33166

66,496 Acre
$20,172,000
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Price : $20,172,000
Year Built : 1945
Listing Terms : All Cash, Owner Will Carry, Conventional/refinance
Lot Area : 66,496 Acre
Status : Active
Building Area : 26,947 Sqft
Property SubType : Retail
Agent info
Patricia Calvet
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