MLS # :A11015460 |
Price :$5,817,000 |
Status :Active |
Listing Date :Mar 19, 2021 |
Square Footage :Not Available |
County :Miami-Dade |
Square Footage :Not Available |
Year Built :2017 |
Taxes :$55,266 Per Year |
Waterfront :No |
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Remarks :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 contractROUND 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 MaintenanceNeighboor tenants: APPLE STORE/ SACKS FIFTH AVENUE/ SEPHORA / CAPITAL ONE / EQUINOX / CHIPOTLE / PF CHANG'S / BURGER KING / SLS HOTEL |
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