SHARE    
For Sale

11601 216 St, Miami, Florida 33170

$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.
Share This Listing

Details

    • Property Type: Commercial
    • Property SubType: Retail
    • Listing Type: For Sale
    • Listing ID: A11573040
    • Price: $7,900,000
    • View: Intercoastal,ocean,pool
    • Bedrooms: 0
    • Bathrooms: 0
    • Half Bathrooms: 0
    • Square Footage: 0 Sqft
    • Year Built: 1985
    • Status: Active
    • Original Property Type: Commercial Sale

Features

    • Cooling System : Central Air
    • Roof Deck : Concrete
    • Parking : Common

Location

    • Country US
    • State FL
    • County Miami-Dade County
    • City Miami
    • Zipcode 33170
    • Neighborhood: Miami
    • Street: 216 St
    • Street Number: 11601
    • Floor Number: 0
    • Longitude: W121° 12' 43.1''
    • Latitude: N45° 21' 8.6''
    • Directions: Florida Turnpike Exit 12 at Caribbean Blvd. and head South on US-1 to Signaled Intersection on SW 216th Street. The Shopping Center is on the East side of US-1.

Additional Info

INTEREST IN LEARNING MORE ABOUT This Property

This field is for validation purposes and should be left unchanged.
Property