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2205 NW 20th St
Miami FL 33142 US

$5,595,000

Active Listing ID A11447374
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Lot: 37.00 Acres
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Retail

$5,595,000

Active Listing ID A11447374
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2205 NW 20th St 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.

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Property Features

  • Facts
  • Lot Size: 37.00 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Retail
  • Features
  • Floor Covering: Concrete
  • Roof Type: Concrete
  • Heating Fuels: Central Furnace

Property

  • propertytype: Commercial Sale
  • propertysubtype: Retail
  • listprice: 5595000
  • unparsedaddress: 2205 NW 20th St
  • postalcity: Miami
  • stateorprovince: FL
  • country: US
  • postalcode: 33142
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 37
  • lotsizeunits: Acres
  • lotsizearea: 37
  • livingareaunits: Square Feet
  • latitude: 25.794815
  • longitude: -80.231799
  • listagentfullname: Paul Silverstein
  • listagentemail: paul@fctus.com
  • listagentkey: 3yd-MAORFL-0354892
  • listagentmlsid: 0354892
  • listagentpreferredphone: 3057949773
  • listagentofficephone: 3054447111
  • listofficekey: 3yd-MAORFL-ADVA02
  • listofficemlsid: ADVA02
  • disclaimer: Copyright © 2024 MIAMI Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MAORFL
  • yearbuilt: 1995
  • listagenturl: http://www.AdvanceRealtyMiami.com
  • countyorparish: Miami-Dade County
  • parcelnumber: 01-31-27-046-1770
  • constructionmaterials: Block, Other, Stucco
  • flooring: Concrete
  • heating: Central Furnace
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 17
  • parkingfeatures: Special Needs
  • roof: Concrete
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • interiorfeatures: Security System
  • architecturalstyle: Other
  • securityfeatures: Security System
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -80.231799, 25.794815
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Listing Changed: 3/26/2024 1:17:20 PM GMT
Source Updated Date: 4/29/2024 6:53:03 AM GMT

Courtesy of: Paul Silverstein, RE/MAX Advance Realty, paul@fctus.com

Copyright © 2024 MIAMI Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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