EXCEPTIONAL Tenant First Horizon PRIME Corner Unit Fully NNN tenant reimburses for all expenses NOI 116, 958 5.


Property

Website:https://www.nestseekers.com/3450516
Address:
260 Crandon Blvd Apt: A51
Key Biscayne, FL 33149
Ownership: For Sale
Pets: Pets Allowed

Financials

Price: $2,127,000
Annual Taxes: $13,813

Description

EXCEPTIONAL Tenant(First Horizon) - PRIME Corner Unit - Fully NNN(tenant reimburses for all expenses) - NOI $116,958 - 5.5% Cap - Located in a very high-net-worth zip code - Bank has a captive client base and manages significant portfolio, corporate and money managed accounts - Same tenant since 2016 - 2 years left on current term with another 5 year renewal option. Located at the entrance of a shopping center with high foot traffic. Other tenants include restaurants, retailers, salons and offices. Shopping center is on Crandon Blvd, the main road in Key Biscayne. Unit has 1,109 sq ft.

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Courtesy of Great Properties International LLC