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11601 SW 216 St, Miami FL 33170

Commercial For Sale
$7,900,000

BTC: 123.43750000

ETH: 2,521.95537735

14 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Florida • Miami • 33170 • Commercial • For Sale

Facts and features

Type:
Commercial Sale
Parking:
Common
Year Built:
1985
Lot:
117967 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
Central Individual A/C
HOA:
No Data
All facts and features

  • Cooling

    • Central Individual A/C

  • Parking

    • Common

    Lot

    • Lot: 117967 Square Feet

    Other Property Information

    • Parcel Number: 30-60-07-000-0250

    • Zoning: BU-1A

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • Annual tax amount: $68,005

  • Source details

    • MLS ID: A11573040

    Other facts

    • Water Source: Public

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Cruz Commercial Realty, LLC