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Retail - GOULDS SHOPPING PLAZA for Sale

11601 SW 216TH ST, MIAMI, FL 33170

Asking Price$7,900,000

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  • Days on market:

    1 day(s)
  • Original Price:

    $7,900,000
  • Tax Legal Description:

    7 56 40 & 12 56 39 2.71 AC M/L SW1/4 OF SW1/4 OF SW1/4 OF SW1/4 LESS SR #5 & LESS S55FT & N25FT & SE1/4 OF SE1/4 OF SE1/4 LYG SELY SR #5 LES
  • Property Type:

    Retail
  • Parking:

    Common
  • Inclusions:

    Building & Land
  • Roof:

    Concrete
  • Cooling Description:

    Central Individual A/C
  • Special Listing Conditions:

    Sale

Description

$7,900,000

Retail strip shopping center with national tenant restaurant outparcel for sale on signaled intersection of us-1 and sw 216th street, in the fast-growing goulds/cutler bay area. the shopping center is 24,626 sf and sits on 2.71 acres, providing excellent visibility to 38,000 cars per day on us-1 and on sw 216th st. tenants include church's chicken outparcel national tenant, and ten junior complimentary tenants. the shopping center is being offered at a 5.8% market cap rate and is 100% occupied with stable tenants. this is an excellent investment for a buyer seeking a stable income. located 1-mile south of the florida turnpike at caribbean boulevard and the new "southplace city center" at southland mall. a full offering memorandum is available upon request.
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