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$ 3,600,000
Est. payment /mo
Active
300 SW 17th Ave Miami, FL 33135
7,002 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 7,002 sqft
Price per Sqft $514
MLS Listing ID A11963479
HOA Y/N No
Year Built 1956
Lot Size 9,029 Sqft
Property Sub-Type Retail
Property Description
Prime retail investment opportunity located at 300 SW 17th Ave, offering a 100% occupied, stabilized triple-net (NNN) income stream with minimal landlord responsibilities. The property is leased to strong regional tenants with multiple operating locations, providing reliable, durable cash flow and reduced operational risk.
The asset underwent a comprehensive, property-wide renovation in 2022, including new electrical, plumbing, HVAC systems, and grease traps, ensuring modern infrastructure and long-term efficiency. Additional features include high ceilings, 24-hour access, modern build-outs, and excellent signage visibility, enhancing both tenant functionality and customer exposure.
With its stabilized income profile, NNN lease structure, and recent capital improvements, this property delivers immediate returns and positions itself as an ideal long-term hold for investors seeking passive income in a well-located urban corridor. The combination of strong tenancy, modern systems, and limited management requirements makes this asset a compelling opportunity in today's market.
The asset underwent a comprehensive, property-wide renovation in 2022, including new electrical, plumbing, HVAC systems, and grease traps, ensuring modern infrastructure and long-term efficiency. Additional features include high ceilings, 24-hour access, modern build-outs, and excellent signage visibility, enhancing both tenant functionality and customer exposure.
With its stabilized income profile, NNN lease structure, and recent capital improvements, this property delivers immediate returns and positions itself as an ideal long-term hold for investors seeking passive income in a well-located urban corridor. The combination of strong tenancy, modern systems, and limited management requirements makes this asset a compelling opportunity in today's market.
Location
State FL
County Miami-dade
Area 41
Exterior
Private Pool Yes
Others
Tax ID 01-41-03-014-1400
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11963479
Listed by APEX Capital Realty LLC
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