MIMO/Shorecrest Retail Building with Parking Lot

859-863 Northeast 79th Street, Miami, FL

For Sale

Retail Free Standing

Market Price

Price

Overview

Cap Rate

5.6%

NOI

$140,000

Building Size

5,600 sqft

Lot Area

14,000 sqft

Lease Type

Triple Net

Zoning

Parking Spots

Offered by Broker

Howard Talesnick

Moreco Corp

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Description

Building vacated due to plans submitted to City for permits to subdivide the 3 spaces to create 4 spaces and develop the parking lot west of our building.

Highlights

Excellent Location
High Visibility
40,000 cars a day roadway leading to/from Miami and Miami Beach
In the heart of upcoming MIMO/Shorecrest area
Surrounded by New Housing West and East of our building
Considered the Most Densely Populated area of Miami.

Documents

	Title
	Parking Lot Plan
	Subdivision Plan

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