11601 SW 216 St, Miami, 33170

  • $7,900,000

Buy

Miami

Quick Details

MLS #: A11573040
  • Property Type
  • Retail
  • 117967
  • Lot sqft
  • 1985
  • Year Built

Description

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.

  • Address 11601 SW 216 St
  • City Miami
  • State/county Florida
  • Zip/Postal Code 33170
  • Area Miami-dade County

Details

  • MLS #: A11573040
  • Price: $7,900,000
  • Land Area: 117967 sqft
  • Year Built: 1985
  • Property Type: Retail
  • Property Status: Buy
Listed by Marlen Cruz · Cruz Commercial Realty, LLC - Updated on June 4, 2024 at 12:33 am

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For more information about this Retail for Buy currently listed for $7900000 located in 11601 SW 216 St Miami, Florida 33170 please call our real estate office at 1-(305) 728-0840

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