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Retail Space
$1,370,000
260 Crandon Blvd #C40, Key Biscayne, FL

A11550603

44 of 136 for Sale
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an agent
  • Listed On:

    Mar 14, 2024
  • Days on Market:

    62
  • Year:

  • Taxes:

    $12,773 per year
  • Floor Description:

  • Occupancy:

  • Zoning:

  • Parking:

260 Crandon Blvd #C40, Key Biscayne, FL PRIME Investment Opportunity. Fully NNN(tenant reimburses for all expenses) - NOI $76,441 - 5.58% Cap - 4% Annual Increases - Unit in main plaza of Shopping Center. Rented to Narbona, a highly successful restaurant/market with other locations in the city. Shopping center located in an affluent Zip Code with a captive client base. Tenant occupies 4 units in the plaza and has recently expanded into this unit. Lease has 5 years remaining with another 5 year renewal option. High foot traffic, other tenants include Bank of America and First Horizon among other successful restaurants, salons and retailers. Shopping center is on Crandon Blvd, the main road in Key Biscayne. Unit has 1,044 sq ft.

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For Sale Details

  • Photo Count

    5

  • Property Type

    Commercial Sale

  • Year Built

    1981

Any questions about Retail Space?
Contact our Key Biscayne Real Estate Specialist today.

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