Property Listing No Longer Available for Sale

21605 - NORTH MIAMI, NORTH MIAMI, FL

Shopping Center for Sale - $1,700,000 - 14,480 Sq. Ft. on 8 acres


Property Info

CIMLS#464184
Location
  21605 - NORTH MIAMI
  NORTH MIAMI FL 33181
UpdatedApril 15th, 2013
TypeShopping Center
Price$1,700,000
Building14,480 Sq. Ft.
Land8 acres

Property Description

The property consists of a 14,480 S.F. CBS built in 1973. Shopping Plaza is located at a signalized intersection on West Dixie Highway. Property is a single story free standing strip plaza located in a high demand commercial district of North Miami. The building has 9 separate stores ranging from 500 Sq. Ff. to 8,000 Sq. Ff. which has ample parking (35 spaces). If completely subdivided there can be 18 separate stores.

The property is in need of minor repairs but the structural integrity of the property assures low maintenance.

Rebranding opportunity. Currently there are only four tenants, with a total of 10,000 S.F. rented (33% vacant). With month to month rental agreements, the property will be delivered 80% vacant. Subsequently the property needs a major tenant and is a perfect opportunity for rebranding.

Property is located in a bustling commercial section of North Miami at a signalized intersection. West Dixie Highway is one of five major commercial routes. Approximately 75,000 vehicles pass daily. (Br # 21605)

FOR MORE INFORMATION PLEASE CALL 954-455-3366.



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