11601 SW 216 St, Miami FL 33170

11601 216 St, Miami, FL, 33170
$7,900,000

Basics

Date added Added 3 weeks ago Category Type Status
Lot size, sq ft 117967 sq ft Year built 1985 ListOfficeName Cruz Commercial Realty, LLC ListAOR Miami Association of REALTORS®
MLS ID A11573040

Description

  • Description:

    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.

Location

  • 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.
  • CountyOrParish: Miami-Dade County

Building Details

  • Cooling features: Central Individual A/C
  • NewConstructionYN: No
  • Building Name: GOULDS SHOPPING PLAZA
  • Roof:
  • Parking:

Amenities & Features

  • Waterfront available: No
  • GarageYN: No
  • AttachedGarageYN: No
  • CoolingYN: Yes
  • PoolPrivateYN: No
  • FireplaceYN: No

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