Multi-Tenant Shopping Plaza Miami Gardens, FL

Asset Summary

Price / Precio: $3,800,000

CAP: 6.32%

Year Built: 2016

Tenancy: Multiple

Effective Gross Income: $ 298,486.32

Operating Expenses: $ 58,057

NOI: $240,428.85

Rentable Space:  10,130 sq. ft. = 941 m2

Lot Size:  36,826 Sq. ft. = 3,421 m2

 

Investments Highlights

Newer Construction 2016

100% Leased

Great Location: Across the street from Walmart Supercenter.

One mile from Hard Rock Stadium. (House of Miami Open -Tennis, Miami Grand Prix- Formula uno, Miami Dolphin-Football)

High traffic count: 44,000 VPQ on 27th Ave

Excellent Access & Visibility: Site is located on existing busy Stadium Corners Shopping Center on NW 27th Ave, surrounded by major national and regional retailers such as Chase, Denny’ s, Pollo Tropical, Enterprise, Subway, Wells Fargo, Family Dollar, Office Depot, Goodwill, Aldi, Sonic.

Population: 19,138 within One mile   173,125 within 3 miles   514,840 within five miles