INCOME-PRODUCING RETAIL PROPERTY FOR SALE!! OFFERING MEMORANDUM:
https://bit.ly/19390CollinsAveCU3
19390 Collins Ave presents a prime investment opportunity: with current gross income of $4,379/month, property delivers an actual CAP rate of over 6% and potential to double it. Existing strong Lease Agreement protecting the Landlord, allows for 10 years of occupancy and a stable flow of income from the property. Property allows for business expansion and additional business opportunities with prime location on Collins Avenue, lack of retail condo inventory in the area, 45,000 VPD traffic count, easy access to major roads, prestigious complex with total 1200 units across the street from the ocean.
https://bit.ly/19390CollinsAveCU3
19390 Collins Ave presents a prime investment opportunity: with current gross income of $4,379/month, property delivers an actual CAP rate of over 6% and potential to double it. Existing strong Lease Agreement protecting the Landlord, allows for 10 years of occupancy and a stable flow of income from the property. Property allows for business expansion and additional business opportunities with prime location on Collins Avenue, lack of retail condo inventory in the area, 45,000 VPD traffic count, easy access to major roads, prestigious complex with total 1200 units across the street from the ocean.
Property Details
Price:
$750,000
MLS #:
A11183048
Status:
Closed ((Jun 28, 2022))
Beds:
0
Baths:
0
Address:
19390 Collins Ave
Type:
Commercial
City:
Sunny Isles Beach
Listed Date:
Apr 7, 2022
State:
FL
Finished Sq Ft:
1,059
ZIP:
33160
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
Central Building A/ C
Flooring
Concrete, Vinyl
Heating
Central Electric, Central Building A/ C
Exterior
Construction Materials
C B S Construction, Insulated
Parking Features
Assigned, Free Parking, Valet
Roof
Concrete
Financial
Buyer Agent Compensation
4%%
HOA Fee
$728
HOA Frequency
Annually
Tax Year
2021
Taxes
$444
Map
Community
- Address19390 Collins Ave Sunny Isles Beach FL
- CitySunny Isles Beach
- CountyMiami-Dade County
- Zip Code33160
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