1 S Krome Ave
$3,000,000
1 S Krome Ave, Homestead, FL 33030
12,848 sqft
Building Size
11
Units
Details:
Highlights:
- Lot Features: Central Business District, Corner Lot
- Number Of Buildings: 2
- Cooling: Central Individual A/C
- Heating: Central Individual A/C
- Electric: Other Electric
- Flooring: Ceramic Floor, Concrete
- Construction Materials: Concrete Block Construction, CBS Construction
- Parking Features: Common, Free Parking, Other
- Security Features: Other Fire Protection, Smoke Alarm, Fire Sprinkler System
Description:
Investment Opportunity – Fully Leased Retail Center in Downtown Homestead. Rare opportunity to acquire a fully leased neighborhood retail center located on highly visible Krome Avenue in the heart of Homestead's commercial corridor. The property consists of approximately 12,848 square feet situated on a 13,735-square-foot corner parcel and is currently 100% occupied by eleven tenants operating under NNN lease structures. The property provides investors with immediate cash flow from a diversified tenant mix. The building has successfully completed its 40-Year Recertification, reducing near-term capital expenditure concerns and enhancing long-term ownership stability. Strategically positioned along one of Homestead's primary commercial thoroughfares, the property benefits from strong visibility, consistent traffic counts, established surrounding businesses, and continued residential and commercial growth throughout South Miami-Dade County.
Location
Gallery