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Asking Price$5,817,000

  • Lot size 1sqft
  • Taxes $55,266
  • Year Built 2017
  • Days on market:

    420 day(s)
  • Original Price:

    $5,817,000
  • Tax Legal Description:

    BRICKELL HEIGHTS COMMERCIAL CONDO UNIT CU-6 UNDIV 8.01% INT IN COMMON ELEMENTS OFF REC 29184-4647
  • Property Type:

    Commercial
  • Parking:

    ValetAssigned Covered Guest
  • Special Listing Conditions:

    Sale

Description

$5,817,000

Current cap rate 5.1% real estate property is for sale not the business current tenant: pre-school property: commercial full floor across brickell city centre complex mall location: 25 sw 9th unit:4th floor, miami, fl 33130 (heart of brickell financial district) sqft: 7,279 (floor plan attached) contract length: 4 years on current tenant and 16 years left on the contract round ups noi: 2022 $300,00 / 2023 309,000 / 2024 $318,000 / 2025 $328,000 / 2025 $338,000 / 2026 $348,000 and following year 11 onward a 3% adjustment yearly tenat covers all expenses: insurance / property tax / condominium maintenance neighboor tenants: apple store/ sacks fifth avenue/ sephora / capital one / equinox / chipotle / pf chang's / burger king / sls hotel
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