Miami Gardens, FL

16547 NW 27th Ave, Miami Gardens FL 33054

$2,645,000
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Key Details

Status
Active Under Contract
Property Type
Retail
Year Built
1957

Overview

SUN PLAZA SHOPS. The Strip Plaza is located just 150 yards from Palmetto 826 entrance on 27th Ave in Miami Gardens. Incredible vehicular and pedestrian traffic. Miami Gardens is one of the main areas of commercial and residential expansion in Miami-Dade. Leasable area is 9340 SF and it is currently 100% leased producing 5.60% CAP with the possibility of updating the rents to the current market within the next 12 months. All leases are Triple Net (NNN). Some tenants have been in the Plaza for more than 20 years. Recently repaired roof and parking lot. A great investment opportunity situated at one of the fastest growing areas in Miami! CAP 6.00%

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Francisco Sanchez
Francisco@CaneroGroup.com
321-276-9035
Contact Agent
250 Giralda Avenue
Coral Gables, FL 33134
(305)-444-5004

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