Address2205 Nw 20Th St, Miami, FL, 33142-7311
Price$5,595,000
- Commercial Sale
- Built in 1995
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.
Essential Information
- MLS® #A11447374
- Price$5,595,000
- Bathrooms0.00
- Acres37.00
- Year Built1995
- TypeCommercial Sale
- Sub-TypeRetail
- StyleDetached
- StatusActive
Community Information
- Address2205 Nw 20Th St
- Area31
- CityMiami
- CountyMiami-Dade County
- StateFL
- Zip Code33142-7311
Amenities
Interior
- InteriorConcrete
- HeatingCentral
- CoolingCentral Air
- # of Stories1
- StoriesOne
Exterior
- RoofConcrete
- ConstructionBlock, Other, Stucco
Additional Information
- Date ListedSeptember 5th, 2023
- Days on Website244
Listing Details
- OfficeRE/MAX Advance Realty
Parking
Common, Free Parking, Handicap
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 May 6th, 2024 at 10:20am 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.