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Retail Space
$5,595,000
$5,749,000
3%
2205 NW 20th St Miami, FL

A11447374

122 of 139 for Sale
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an agent
  • Listed On:

    Sep 5, 2023
  • Days on Market:

    237
  • Year:

  • Taxes:

    $28,762 per year
  • Floor Description:

    Concrete
  • Occupancy:

  • Zoning:

  • Parking:

    Common, Free Parking

2205 NW 20th St Miami, FL This is an ideal Owner/User, Free Standing, Fully Renovated retail building w/advertising pylon, on a hard corner (with traffic light). The Property is under a Triple Net Lease that offers significant upside, with a 7% annual lease escalation. The Property is perfectly suited for an owner/user upon expiration of the lease. The Property consists of a 8,546 SF building on .37 acres (16,177 SF) w/17 parking spaces onsite. It offers Street Front Retail entrances, Street Level Roll-Up Doors & 2 Dock Height Doors for multiple users. It has 18 foot high ceilings in the enormous showroom. Investors can increase income by either extending the existing lease w/current tenant (lease has an annual 7% Increase) or replace w/a market rate tenant.

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For Sale Details

  • Floor Description

    Concrete

  • Heating Description

    Central Building A/C

  • Ownership

    Corporation

  • Parking Description

    Common, Free Parking, Handicap Parking

  • Photo Count

    3

  • Property Type

    Commercial Sale

  • SqFt Total

    16177

  • Terms Considered

    All Cash, Conventional/Refinance

  • Year Built

    1995

Any questions about Retail Space?
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