854 N Krome Ave, Homestead, 33030

  • $9,000,000

Listing UP for Sale

Homestead

Overview

Property ID: A11562790
  • Property Type
  • Retail
  • 38636
  • Lot sqft
  • 1973
  • Year Built

Description

ATTENTION INVESTORS / CONTRACTORS! Value-add opportunity: a Triple Net Lease shopping center with an impressive 8.3% Cap rate BEFORE any value-add! All leases are triple net, perfect for landlords. Krome Ave has become the vibrant commercial retail hub of Homestead, prime location bordering Florida City, offering lucrative prospects for discerning investors. Spanning an expansive 15,168 SFT of building space and situated on almost 1 acre (over 38,636 SFT) of land, its strategic positioning sets it apart, promising substantial returns for years to come. ALWAYS fully occupied, B-1 zoning allows for a diverse tenant mix. Rental rates currently below market value, endless opportunities! DO NOT DISTURB TENANTS! Financials are in the pics. Tenants pay taxes, insurance & maintenance!! #goldmine

  • Address 854 N Krome Ave
  • City Homestead
  • State/county Florida
  • Zip/Postal Code 33030
  • Area Miami-dade County

Details

Updated on April 18, 2024 at 8:20 pm
  • Property ID: A11562790
  • Price: $9,000,000
  • Land Area: 38636 sqft
  • Year Built: 1973
  • Property Type: Retail
  • Property Status: Listing UP for Sale

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Ricky Kallabat
  • Ricky Kallabat