25 SW 9th St #CU-6

MIAMI, FL 33130
$5,817,000

Description

CURRENT CAP RATE 5.1% REAL ESTATE PROPERTY IS FOR SALE NOT THE BUSINESS Current Tenant: Pre-school Property: Commercial full floor across Brickell City Centre Complex Mall Location: 25 SW 9th Unit:4th floor, Miami, FL 33130 (Heart of Brickell Financial District) SqFt: 7,279 (floor plan attached) Contract length: 4 years on current tenant and 16 years left on the contract ROUND UPS NOI: 2022 $300,00 / 2023 309,000 / 2024 $318,000 / 2025 $328,000 / 2025 $338,000 / 2026 $348,000 and following year 11 onward a 3% adjustment yearly TENAT COVERS ALL EXPENSES: Insurance / Property Tax / Condominium Maintenance Neighboor tenants: APPLE STORE/ SACKS FIFTH AVENUE/ SEPHORA / CAPITAL ONE / EQUINOX / CHIPOTLE / PF CHANG'S / BURGER KING / SLS HOTEL

  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:2017
  • Community and Neighborhood Details
    • Location
      • County:Miami-Dade County
  • Other
    • Source
      • MLS #:A11015460

Location

Leonard GayleReal Estate Group
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