12900-12950 W Dixie Highway
North Miami, FL
Retail for Sale - $2,975,800 - 14,879 Sq. Ft. on 0.68 acres
Property Info
| CIMLS# | 1017411 |
| Location 12900-12950 W Dixie Highway North Miami FL 33161 | |
| Updated | June 21st, 2018 |
| Type | Retail |
| Price | $2,975,800 |
| Building | 14,879 Sq. Ft. |
| Land | 0.68 acres |
Property Description
Large opportunity for an experienced landlord to capitalize on this property's potential income! Lease rates are UNDER market value. Current CAP Rate is 3.6% with short term leases. Current closed retail leases in the area are between $15-$18 PSF. This property has 4 folios of which two are for parking making it easy for tenants to have their customers shop in their stores.
15,000 sq.ft. building for sale on directly on busy West Dixie Hwy. Easy access to property from I-95 or Biscayne Blvd. Front and rear customer parking. Within minutes to Aventura, Bal Harbour and Beaches. Great Price. Zoned C-3 in the City of North Miami.
Located on the corner of 129th Street and West Dixie Hwy, just minutes from I-95
