260 Crandon Blvd, C14 Key Biscayne, FL
For Sale
Retail
$1,370,000
Price
1,044 sqft
Building Size
1981
Year Built
Overview
Building Size
1,044 sqft
Year Built
1981
Description
PRIME Investment Opportunity. Fully NNN(tenant reimburses for all expenses) - NOI $75,919 - 5.54% Cap - 4% Annual Increases - Unit is in most desired plaza of Shopping Center. Rented to CRAFT, a highly successful restaurant with other locations in the city(look up Google reviews). Features a full kitchen with grease trap. Shopping center located in an affluent Zip Code with a captive client base. Lease has 3 years remaining with two 5 year renewal options. High foot traffic, other tenants include Bank of America and First Horizon among other successful restaurants, salons and retailers. Shopping center is on Crandon Blvd, the main road in Key Biscayne. Unit has 1,044 sq ft.
Highlights
- Buyer Agency Compensation: 3%
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Listing ID: A11550584
Listing ID: A11550584