Retail Building for Sale with 7,500 sq.ft being offered at $397 PSF with a 7.12% CAP RATE. This two-story retail building is comprised of 5 Retail Tenants with one Residential tenant on the second floor. These are small bay units making this 7,500 sq.ft buil

4708 WEST FLAGLER STREET, Miami

$2,975,000 USD
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Address4708 WEST FLAGLER STREET, Miami
Type of PropertyRetail
Type of BusinessOffice Space, Retail Space
Price$2,975,000
Previous Price$3,200,000 (14 days ago)
Property StatusActive
MLS NumberA11885649
Property Size11620
Lot Size11620
Days on Market21

Detailed Description: Retail Building for Sale with 7,500 sq.ft being offered at $397 PSF with a 7.12% CAP RATE. This two-story retail building is comprised of 5 Retail Tenants with one Residential tenant on the second floor. These are small bay units making this 7,500 sq.ft building easy to rent and always 100% full. This building is approximately 11,620 sq.ft offering a compelling investment opportunity. The property comprises multiple retails situated in the rapidly growing West Flagler corridor, just minutes from Little Havana, this 100% occupied retail strip center presents a value-add opportunity for investors. Excellent visibility along Flagler Street with exposure to over 38,000 vehicles daily.

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33134
Address4708 WEST FLAGLER STREET
Financial Information
Price$2,975,000
Price per Foot$0
Previous Price$3,200,000
Full Descriptions
Detailed DescriptionRetail Building for Sale with 7,500 sq.ft being offered at $397 PSF with a 7.12% CAP RATE. This two-story retail building is comprised of 5 Retail Tenants with one Residential tenant on the second floor. These are small bay units making this 7,500 sq.ft building easy to rent and always 100% full. This building is approximately 11,620 sq.ft offering a compelling investment opportunity. The property comprises multiple retails situated in the rapidly growing West Flagler corridor, just minutes from Little Havana, this 100% occupied retail strip center presents a value-add opportunity for investors. Excellent visibility along Flagler Street with exposure to over 38,000 vehicles daily.
Property parameters
Living Area11620
Lot Size11620
Total Acreage0.000
Maximum Leasable Size11620
Type of PropertyRetail
Type of BusinessOffice Space, Retail Space
Street DirectionWest
Listed withAssured Investments Realty, LLC