1 S Royal Poinciana Blvd, Miami Springs, 33166

  • $20,172,000

Buy

Miami Springs

1 S Royal Poinciana Blvd, Miami Springs, 33166

Miami Springs

  • $20,172,000

Quick Details

MLS #: A11441771
  • Property Type
  • Retail
  • 66496
  • Lot sqft
  • 1945
  • Year Built

Description

Newly renovated and fully stabilized triple net core retail investment property. The asset provides 26,947 square feet of rentable retail space evenly distributed over two buildings with grade parking. Developed by MV Group USA, the fully occupied property offers a robust merchandising plan with a well-balanced mix of new national credit tenants and tenured local tenants. Join fifteen food and beverage, health and beauty, medical, service, and specialty tenants with an average lease term of over 10 years remaining. All new leases include 3% yearly increases and some offer renewal options. The sale carries a $9 million seller financing loan at 4.5% for three to five years.

  • Address 1 S Royal Poinciana Blvd
  • City Miami Springs
  • State/county Florida
  • Zip/Postal Code 33166
  • Area Miami-dade County

Details

  • MLS #: A11441771
  • Price: $20,172,000
  • Land Area: 66496 sqft
  • Year Built: 1945
  • Property Type: Retail
  • Property Status: Buy
Listed by Rayza Perez · Dwntwn Realty Advisors LLC - Updated on August 13, 2024 at 8:01 am

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For more information about this Retail for Buy currently listed for $20172000 located in 1 S Royal Poinciana Blvd Miami Springs, Florida 33166 please call our real estate office at 1-(305) 728-0840

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