Description
9087+- square feet On South Beach main corridor of Washington Ave. This site is currently 100% leased. Diverse Mix of 6 retail tenants, Three of which are month-to-month long term tenants. Other three tenants have long term lease with 3% annual increases built in. All tenants NNN. One of the most coveted retail locations on South Beach. Excellent CAP RATE with room for improvement. This is a rare opportunity. Seller demands strict confidentiality and that we do not disturb or alarm the Tenants with any indication that property is for sale, so NDA is required before sharing full data. SELLER SAYS SELL! Bring offers!! Seller willing to hold paper.
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0BEDS
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0.3ACRES
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0BATHS
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01/2 BATHS
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9,097SQFT
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$934$/SQFT
School Ratings & Info
Description
9087+- square feet On South Beach main corridor of Washington Ave. This site is currently 100% leased. Diverse Mix of 6 retail tenants, Three of which are month-to-month long term tenants. Other three tenants have long term lease with 3% annual increases built in. All tenants NNN. One of the most coveted retail locations on South Beach. Excellent CAP RATE with room for improvement. This is a rare opportunity. Seller demands strict confidentiality and that we do not disturb or alarm the Tenants with any indication that property is for sale, so NDA is required before sharing full data. SELLER SAYS SELL! Bring offers!! Seller willing to hold paper.
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