260 Crandon Blvd, A51 Key Biscayne, FL

$2,127,000

Price

1,109 sqft

Building Size

1981

Year Built

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Street
Map
Overview
Building Size
1,109 sqft
Year Built
1981
Description

EXCEPTIONAL Tenant(First Horizon) - PRIME Corner Unit - Fully NNN(tenant reimburses for all expenses) - NOI $116,958 - 5.5% Cap - Located in a very high-net-worth zip code - Bank has a captive client base and manages significant portfolio, corporate and money managed accounts - Same tenant since 2016 - 2 years left on current term with another 5 year renewal option. Located at the entrance of a shopping center with high foot traffic. Other tenants include restaurants, retailers, salons and offices. Shopping center is on Crandon Blvd, the main road in Key Biscayne. Unit has 1,109 sq ft.

Highlights
  • Buyer Agency Compensation: 3%
Location
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