Retail For Sale
11601 Sw 216 St, Miami, FL 33170

$7,900,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11573040
  • Virtual Tour: YES
  • List Price: $7,900,000
  • Taxes:$68,005
  • Year Built:1985
  • Listing Date:April 20, 2024
  • Days On Market:168

Description


Retail Strip Shopping Center with National Tenant Restaurant Outparcel for Sale on Signaled Intersection of US-1 and SW 216th Street, in the fast-growing Goulds/Cutler Bay area. The shopping center is 24,626 SF and sits on 2.71 Acres, providing excellent visibility to 38,000 cars per day on US-1 and on SW 216th St. Tenants include Church's Chicken Outparcel National Tenant, and Ten junior complimentary tenants. The shopping center is being offered at a 5.8% Market Cap Rate and is 100% Occupied with stable tenants. This is an excellent investment for a buyer seeking a stable income. Located 1-mile South of the Florida Turnpike at Caribbean Boulevard and the New "Southplace City Center" at Southland Mall. A full Offering Memorandum is available upon request.

Features


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Location


Price History


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker