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.
Property Details
Price:
$7,900,000
MLS #:
A11573040
Status:
Active
Beds:
0
Baths:
0
Address:
11601 SW 216 St
Type:
Commercial
Subtype:
Retail
City:
Miami
Listed Date:
Apr 19, 2024
State:
FL
Finished Sq Ft:
24,624
ZIP:
33170
Year Built:
1985
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Schools
Interior
Cooling
Central Individual A/ C
Exterior
Parking Features
Common
Roof
Concrete
Financial
Buyer Agent Compensation
1.5%%
Taxes
$68,005
Map
Community
- Address11601 SW 216 St Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33170
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Courtesy of Cruz Commercial Realty, LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than Century 21 Carioti include the name of the listing broker. Neither the listing company nor Century 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Miami, FL. All rights reserved.
11601 SW 216 St
Miami, FL
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