260 Crandon Blvd A51, Key Biscayne, 33149

  • $2,127,000

Listing UP for Sale

Key Biscayne

260 Crandon Blvd A51, Key Biscayne, 33149

Key Biscayne

  • $2,127,000

Overview

Property ID: A11549968
  • Property Type
  • Retail
  • 1981
  • Year Built

Description

EXCEPTIONAL Tenant(First Horizon) – PRIME Corner Unit – Fully NNN(tenant reimburses for all expenses) – NOI $116,958 – 5.5% Cap – Located in a very high-net-worth zip code – Bank has a captive client base and manages significant portfolio, corporate and money managed accounts – Same tenant since 2016 – 2 years left on current term with another 5 year renewal option. Located at the entrance of a shopping center with high foot traffic. Other tenants include restaurants, retailers, salons and offices. Shopping center is on Crandon Blvd, the main road in Key Biscayne. Unit has 1,109 sq ft.

  • Address 260 Crandon Blvd A51
  • City Key Biscayne
  • State/county Florida
  • Zip/Postal Code 33149
  • Area Miami-dade County

Details

Updated on March 15, 2024 at 10:52 am
  • Property ID: A11549968
  • Price: $2,127,000
  • Year Built: 1981
  • Property Type: Retail
  • Property Status: Listing UP for Sale

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