1 S Royal Poinciana Blvd, Miami Springs, Florida 33166

1 S Royal Poinciana Blvd, Miami Springs, Florida 33166

MLS#: A11441771

$20,172,000 USD

Listed By Dwntwn Realty Advisors LLC

The Retail Property for Sale located at Miami Springs, Florida 33166 is currently for sale. Miami Springs, Florida 33166 is listed for $20,172,000. If the property located at Miami Springs, Florida 33166 isn't what you're looking for, visit https://www.sfpropertysearch.com to see other Retail Properties for Sale in Miami Springs .

Date Updated : May 7, 2024

The details

Property features

Construction details

  • Year built: 1945

Description

Newly renovated and fully stabilized triple net core retail investment property. The asset provides 26,947 square feet of rentable retail space evenly distributed over two buildings with grade parking. Developed by MV Group USA, the fully occupied property offers a robust merchandising plan with a well-balanced mix of new national credit tenants and tenured local tenants. Join fifteen food and beverage, health and beauty, medical, service, and specialty tenants with an average lease term of over 10 years remaining. All new leases include 3% yearly increases and some offer renewal options. The sale carries a $9 million seller financing loan at 4.5% for three to five years.

Location

Miami Springs, Florida 33166
Map preview
Equal Housing Opportunity

All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination." We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.