$20,172,000
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1 S Royal Poinciana Blvd Miami Springs, FL 33166
Retail
Residence
Beds
Baths
26,947
Sq. Ft.
1.53
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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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 w...ell-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.
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MLS#
A11441771
Property Type
Retail
Year Built
1945
Square Feet
26,947
sq. ft
Lot Size
1.53
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