North Miami Retail Building

13700 Northeast 11th Avenue, North Miami, FL

$4,200,000

Price

7%

Cap Rate

16,448 sqft

Building Size

Overview
Cap Rate
7%
Building Size
16,448 sqft
Lot Area
25,179 sqft
Year Built
1988
Zoning
C-2
Tenancy
Multiple
Parking Spots
49
Description

Apex Capital Realty is thrilled to offer a remarkable opportunity to acquire The Town Center, an impressive free-standing two-story retail building nestled in the heart of North Miami. This prestigious property features 21 units, accommodating various businesses, including restaurants, medical facilities, beauty establishments, and dry retail stores. It comprises a 16,448 sq. ft. structure and is positioned on a sprawling 25,179 sq. ft. lot.

Highlights
  • 40-Year Certification
  • Ample 49 parking spots
  • Value Enhancement - Unleash the property’s full potential through savvy lease optimization
  • Prime Visibility – W Dixie Hwy
  • Surrounded by an array of forthcoming development projects
  • High Traffic Exposure - 18,900 vehicles per day
  • Potential additional bonuses for height and density.
Documents
Title
13700_NE_11TH_AVE.pdf
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Location
Gallery