701-717 17Th Ave, Miami, FL 33135

3,111 SF | Retail Building | Miami, FL 33135 | $2,690,000 ($865/SF) | 4.77% Cap Rate

Asking Price $2,690,000

Property Type: Retail
Square Feet: 3,111 SF
Price / Square Foot: $865

Listing Contacts

Ben Bush

Verified Profile

Property Info

Property Overview

Welcome to this remarkable investment opportunity, presented exclusively by the current owner. This triple net leased property has been occupied by the same tenant for nearly two decades, with lease terms extending all the way to 2027. With such a long-standing tenant, you can trust in the stability and reliability of this investment.
As an added benefit, a new roof was just installed in 2021, ensuring the property remains in top-notch condition. Additionally, the tenant is a publicly traded company with an extensive presence, boasting over 1100 locations nationwide.
Don't miss out on this extraordinary chance to secure a secure and profitable investment. Take the next step and inquire today to learn more about how this property can align with your investment goals. Act now and unlock the incredible potential that awaits you!

Property Details

Class: C
Year Built/Renovated: 1946/1980
Stories: 1
Property Subtype: Freestanding
Lot Size (sq. ft): 7,405 SF

Highlights

All Offers Considered: We value every serious and reasonable offer, making it easier for you to seize this exceptional opportunity.
NNN Tenant: This property boasts a triple net lease, providing you with a hassle-free investment. Sit back, relax, and enjoy the benefits
National Tenant with 1000+ Units: With a nationally recognized tenant boasting an impressive portfolio of 1000+ units
A brand new roof installed in 2021 means you can enjoy worry-free ownership for years to come.
Starbucks just across the street! This prime location offers excellent visibility and increased foot traffic.

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