Property
Ownership: | For Sale |
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Pets: | Pets Allowed |
FinancialsPrice: $6,500,000 Annual Taxes: $77,419
Price: | $6,500,000 |
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Annual Taxes: | $77,419 |
888 Biscayne Blvd # Unit CU9 Miami, FL 33132 Phone: +1305-907-7555 Fax: +1305-675-0745 | |
Courtesy of RE/MAX 5 Star Realty |
DescriptionThe subject property consists of 43,282 SF and is sitting an a large 2 acres lot. The building has ample parking with 152 parking spaces. The entire property has been renovated. The property is currently 88% occupied with a strong tenant mix. Property is currently grossing $645,108 and netting $529,258 per year. At full asking price, this will provide an investor with a strong 8.14% capitalization rate at full asking price. The property can be delivered vacant for an owner user.
The subject property consists of 43,282 SF and is sitting an a large 2 acres lot. The building has ample parking with 152 parking spaces. The entire property has been renovated. The property is currently 88% occupied with a strong tenant mix. Property is currently grossing $645,108 and netting $529,258 per year. At full asking price, this will provide an investor with a strong 8.14% capitalization rate at full asking price. The property can be delivered vacant for an owner user.
The subject property consists of 43, 282 SF and is sitting an a large 2 acres lot.
DescriptionThe subject property consists of 43,282 SF and is sitting an a large 2 acres lot. The building has ample parking with 152 parking spaces. The entire property has been renovated. The property is currently 88% occupied with a strong tenant mix. Property is currently grossing $645,108 and netting $529,258 per year. At full asking price, this will provide an investor with a strong 8.14% capitalization rate at full asking price. The property can be delivered vacant for an owner user.
The subject property consists of 43,282 SF and is sitting an a large 2 acres lot. The building has ample parking with 152 parking spaces. The entire property has been renovated. The property is currently 88% occupied with a strong tenant mix. Property is currently grossing $645,108 and netting $529,258 per year. At full asking price, this will provide an investor with a strong 8.14% capitalization rate at full asking price. The property can be delivered vacant for an owner user.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable,
but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors,
omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without
notice. International currency conversions where shown are estimates based on recent exchange rates and are
not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.