Property Listing No Longer Available for Sale

HOMESTEAD-22414, Homestead, FL

Shopping Center for Sale - $2,150,000 - 9,405 Sq. Ft. on 0.58 acres


Property Info

CIMLS#972413
Location
  HOMESTEAD-22414
  Homestead FL 33030
UpdatedJanuary 17th, 2018
TypeShopping Center
Price$2,150,000
Building9,405 Sq. Ft.
Land0.58 acres

Property Description

9,405 Sq. Ft. retail center built in 1976 with excellent frontage to Campbell Drive (SW 312 St. / NE 8 St.) where traffic exceeds 22,934 vehicles per day. The center has 10 bays occupied by 8 stores and is 100% occupied with long term tenants. Property has 40-year inspection report. Tenants include Cricket Wireless, grocery store, barber shop, beauty salon, a restaurant, 2 shipping services and an immigration services office. Tenants pay electric (individually metered), water (individually metered), CAM and leases include 5% annual increases. CAM includes exterior electric, lawn care and exterior maintenance. Shopping center has security cameras installed throughout. This property offers the investor a stable asset which benefits from high visibility and traffic counts. This is turnkey investment that could easily be managed with little effort and time consumption.

FOR ADDITIONAL INFORMATION CONTACT CESAR BETTINI AT 305-321-0561.


Financials