2205 NW 20th St, Miami, 33142

  • $5,595,000

Listing UP for Sale

Miami

Overview

Property ID: A11447374
  • Property Type
  • Retail
  • 16177
  • Lot sqft
  • 1995
  • Year Built

Description

This is an ideal Owner/User, Free Standing, Fully Renovated retail building w/advertising pylon, on a hard corner (with traffic light). The Property is under a Triple Net Lease that offers significant upside, with a 7% annual lease escalation. The Property is perfectly suited for an owner/user upon expiration of the lease. The Property consists of a 8,546 SF building on .37 acres (16,177 SF) w/17 parking spaces onsite. It offers Street Front Retail entrances, Street Level Roll-Up Doors & 2 Dock Height Doors for multiple users. It has 18 foot high ceilings in the enormous showroom. Investors can increase income by either extending the existing lease w/current tenant (lease has an annual 7% Increase) or replace w/a market rate tenant.

  • Address 2205 NW 20th St
  • City Miami
  • State/county Florida
  • Zip/Postal Code 33142
  • Area Miami-dade County
  • Country United States

Details

Updated on April 7, 2024 at 8:07 pm
  • Property ID: A11447374
  • Price: $5,595,000
  • Land Area: 16177 sqft
  • Year Built: 1995
  • Property Type: Retail
  • Property Status: Listing UP for Sale

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Paul Silverstein
  • Paul Silverstein