Miami, FL 33135

Property

Ownership: For Sale
Type: Retail

Financials

Price:$3,500,000
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of APEX Capital Realty LLC

Prime retail investment opportunity located at 300 SW 17th Ave, offering a 100 occupied, stabilized triple net NNN income stream with minimal landlord responsibilities.

Description

Prime retail investment opportunity located at 300 SW 17th Ave, offering a 100% occupied, stabilized triple-net (NNN) income stream with minimal landlord responsibilities. The property is leased to strong regional tenants with multiple operating locations, providing reliable, durable cash flow and reduced operational risk. The asset underwent a comprehensive, property-wide renovation in 2022, including new electrical, plumbing, HVAC systems, and grease traps, ensuring modern infrastructure and long-term efficiency. Additional features include high ceilings, 24-hour access, modern build-outs, and excellent signage visibility, enhancing both tenant functionality and customer exposure. With its stabilized income profile, NNN lease structure, and recent capital improvements, this property delivers immediate returns and positions itself as an ideal long-term hold for investors seeking passive income in a well-located urban corridor. The combination of strong tenancy, modern systems, and limited management requirements makes this asset a compelling opportunity in today’s market.

Neighborhood

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Long Island MLS

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.