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150

$2,500,000

150 SE 2nd Ave, Miami, FL 33131

Active
Last Updated: 02/03/2025

129,082

NOI

3,492 sqft

Building Size

Details:
NOI:    $129,082
Building Size:    3,492 sqft
Year Built:    1967
Highlights:
  • Number Of Buildings: 1
  • Insurance Expense: 900
Description:

Synergy Realty Advisors presents 150 SE 2nd Ave, Suite 103, a prime retail investment in Downtown Miami's prestigious Chase Building. This 3,492 SF high-visibility property is leased by USPS, a federally backed tenant, ensuring stable cash flow and long-term security. USPS occupies 2,000 SF under a partial NNN lease with an 8% rent increase at each 5-year renewal. The remaining 1,492 SF is leased as storage to different tenants of the building, generating additional income. One of only four retail spaces on the first floor, the property benefits from heavy foot traffic, dense commercial and residential growth, and proximity to major transit hubs. With a secure tenant, prime location, and rent escalations, this is a high-demand, low-risk investment in one of Miami’s fastest-growing markets.

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