$5,500,000
$5,600,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
4751 NW 167th St Miami Gardens, FL 33055
26,000 SqFt
Key Details
Sold Price $5,500,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 26,000 sqft
Price per Sqft $211
MLS Listing ID A11100485
Sold Date 12/16/22
Construction Status New Construction
HOA Y/N No
Year Built 1972
Annual Tax Amount $33,819
Lot Size 1.500 Acres
Acres 1.5
Property Description
Cash cow neighborhood shopping center located directly off of the Palmetto Expressway! 50 year re-certification.
Long-term stable tenants with some 25+ years! A good strong mix of service tenants including a supermarket, bakery, beauty salon, insurance franchise, dry cleaners, restaurants, tax services, and more !! Currently above 6% cap rate. Pro-Forma cap rate of 7.5%.
Location
State FL
County Miami-dade County
Area 22
Direction Take 47th Ave off of the Palmetto Expressway.
Interior
Flooring Concrete
Exterior
Exterior Feature Storm/Security Shutters
Waterfront No
Roof Type Barrel
Total Parking Spaces 55
Building
Story 1
Sewer Other
Level or Stories One
Structure Type Block
New Construction true
Construction Status New Construction
Others
Tax ID 30-21-08-005-0020
Ownership Corporation
Security Features Security Gate,Smoke Detector(s)
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
Financing Cash
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Bought with Universal USA Realty LLC