$925,000

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Overview

Year Built

1969

1606 sqft
Property Type

Retail

Property Description

DO NOT DISTURB TENANT. This rare 1,606 SF restaurant condo presents a compelling investment opportunity anchored by a Subway franchisee with over 20 years of operating history at this location. The property is offered at a 5.89% cap rate and is subject to a Modified Net Lease providing the investor with predictable net income and limited landlord exposure. The lease expires in 2028 with two additional 5-year renewal options. Prominently positioned within a master-planned business park totaling approximately 600,000 SF at one of Miami-Dade County's most prominent commercial intersections, the asset benefits from excellent signage and direct exposure to NW 25 Street, immediate access to SR-826 (Palmetto Expressway), and is just one exit north of the SR-826/SR-836 interchange, steps from the City of Doral. Ample unassigned parking plus 3 dedicated spaces completes this well-located, income-producing retail condo.

Property Details

MLS#

A12042734

Address

7500 25th St NW

City

Miami

State/county

FL

Zip/Postal Code

33122

Area

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$--

Maint Fee

$--

Tax Year

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Boris Gelfand