Property
| Ownership: | For Sale |
|---|---|
| Pets: | Pets Allowed |
FinancialsPrice: $1,370,000 Annual Taxes: $12,773
| Price: | $1,370,000 |
|---|---|
| Annual Taxes: | $12,773 |
888 Biscayne Blvd # Unit CU9 Miami, FL 33132 Phone: +1305-907-7555 Fax: +1305-675-0745 | |
| Courtesy of Great Properties International LLC | |
DescriptionPRIME Investment Opportunity. Fully NNN(tenant reimburses for all expenses) - NOI $75,919 - 5.54% Cap - 4% Annual Increases - Unit is in most desired plaza of Shopping Center. Rented to CRAFT, a highly successful restaurant with other locations in the city(look up Google reviews). Features a full kitchen with grease trap. Shopping center located in an affluent Zip Code with a captive client base. Lease has 3 years remaining with two 5 year renewal options. High foot traffic, other tenants include Bank of America and First Horizon among other successful restaurants, salons and retailers. Shopping center is on Crandon Blvd, the main road in Key Biscayne. Unit has 1,044 sq ft.
Neighborhood
PRIME Investment Opportunity. Fully NNN(tenant reimburses for all expenses) - NOI $75,919 - 5.54% Cap - 4% Annual Increases - Unit is in most desired plaza of Shopping Center. Rented to CRAFT, a highly successful restaurant with other locations in the city(look up Google reviews). Features a full kitchen with grease trap. Shopping center located in an affluent Zip Code with a captive client base. Lease has 3 years remaining with two 5 year renewal options. High foot traffic, other tenants include Bank of America and First Horizon among other successful restaurants, salons and retailers. Shopping center is on Crandon Blvd, the main road in Key Biscayne. Unit has 1,044 sq ft.
PRIME Investment Opportunity.
DescriptionPRIME Investment Opportunity. Fully NNN(tenant reimburses for all expenses) - NOI $75,919 - 5.54% Cap - 4% Annual Increases - Unit is in most desired plaza of Shopping Center. Rented to CRAFT, a highly successful restaurant with other locations in the city(look up Google reviews). Features a full kitchen with grease trap. Shopping center located in an affluent Zip Code with a captive client base. Lease has 3 years remaining with two 5 year renewal options. High foot traffic, other tenants include Bank of America and First Horizon among other successful restaurants, salons and retailers. Shopping center is on Crandon Blvd, the main road in Key Biscayne. Unit has 1,044 sq ft.
Neighborhood
PRIME Investment Opportunity. Fully NNN(tenant reimburses for all expenses) - NOI $75,919 - 5.54% Cap - 4% Annual Increases - Unit is in most desired plaza of Shopping Center. Rented to CRAFT, a highly successful restaurant with other locations in the city(look up Google reviews). Features a full kitchen with grease trap. Shopping center located in an affluent Zip Code with a captive client base. Lease has 3 years remaining with two 5 year renewal options. High foot traffic, other tenants include Bank of America and First Horizon among other successful restaurants, salons and retailers. Shopping center is on Crandon Blvd, the main road in Key Biscayne. Unit has 1,044 sq ft.
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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.