855.725.5890
Address11601 Sw 216 St, Miami, FL, 33170-2933
Price$7,900,000
- Commercial Sale
- Built in 1985
Retail Strip Shopping Center with National Tenant Restaurant Outparcel for Sale on Signaled Intersection of US-1 and SW 216th Street, in the fast-growing Goulds/Cutler Bay area. The shopping center is 24,626 SF and sits on 2.71 Acres, providing excellent visibility to 38,000 cars per day on US-1 and on SW 216th St. Tenants include Church's Chicken Outparcel National Tenant, and Ten junior complimentary tenants. The shopping center is being offered at a 5.8% Market Cap Rate and is 100% Occupied with stable tenants. This is an excellent investment for a buyer seeking a stable income. Located 1-mile South of the Florida Turnpike at Caribbean Boulevard and the New "Southplace City Center" at Southland Mall. A full Offering Memorandum is available upon request.
Essential Information
- MLS® #A11573040
- Price$7,900,000
- Bathrooms0.00
- Acres0.00
- Year Built1985
- TypeCommercial Sale
- Sub-TypeRetail
- StatusActive
Community Information
- Address11601 Sw 216 St
- Area60
- CityMiami
- CountyMiami-Dade County
- StateFL
- Zip Code33170-2933
Amenities
- ParkingCommon
Interior
- CoolingCentral Air
- # of Stories1
- StoriesOne
Exterior
- RoofConcrete
- ConstructionBlock
Additional Information
- Date ListedApril 20th, 2024
- Days on Website77
Listing Details
Office
Cruz Commercial Realty, LLC
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®, and is updated as of July 6th, 2024 at 8:19pm EDT (date/time).
All information is deemed reliable but not guaranteed by the MLS and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor NV Realty Group shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2024 MLS of MAR.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than NV Realty Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.