Commercial Property On Miami's Busiest Interchange
Location Florida,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $55000
Net Profit / Cash Flow $55000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1979
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Retirement.
Description This property is strategically located and provides access and visibility to one of the busiest highway interchanges in Miami FLA. Situated at 17740 NW 2nd avenue, it is adjacent to this major highway interchange that connects the Florida Turnpike, Palmetto express way, Interstate 95, and US 441. More than ñ400,000 vehicles travel through this interchange each day. Wal-Mart has recently purchased the adjacent lot and has constructed a ñ80,000 Sq Ft. store literally ñ150 FT away from the property's main entrance further increasing the property's overall exposure.
Building Leasable Size GLA: ñ 4,971Sq. Ft.
Loading Type: Street-Level
Loading Doors: 7 Overhead
Current Occupancy: ñ40%
Lease Type: Month to Month
Current Vacancy: ñ 60%
Gross Income: ñ $55,000
Net Income: ñ$40,000
Gross Potential Income: ñ$115,000
Asking Price: $1,300,000
Financing available: Owner may finance up to 70% of purchase
Contact for more information on this Property for sale.
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