255 NE 8th St
Homestead, FL 33030

$2,150,000

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 is turnkey investment that could easily be managed with little effort and time consumption. DO NOT DISTURB TENANTS.

Details

MLS#A10402564
StyleIndustrial
Sub-TypeResale
StatusActive
Year1976
Days On Site138

Features

Story(s)1
Zoning6300

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Area Information

StateFL
CountyMiami-Dade County
CityHomestead
Zip Code33030
Area78
Listing VS Median (in 33030)
Price:
$2,150,000
low | high
Med:
$349,000
100% of Average
On Site:
138
low | high
Med:
138
100% of Average
Listing Updated: 05/29/2018
MLS Number: A10402564
Listing Provided By:
Randy North  of  Capital Commercial R.E. Group