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Retail, Commercial Sale
Newly renovated and fully stabilized triple net core retail investment property. The asset provides 26,947 square feet of rentable retail space evenly distributed over two buildings with grade parking. Developed by MV Group USA, the fully occupied property offers a robust merchandising plan with a well-balanced mix of new national credit tenants and tenured local tenants. Join fifteen food and beverage, health and beauty, medical, service, and specialty tenants with an average lease term of over 10 years remaining. All new leases include 3% yearly increases and some offer renewal options. The sale carries a $9 million seller financing loan at 4.5% for three to five years.
This retail home located at 1 S Royal Poinciana Blvd, Miami Springs FL 33166 is currently for sale and has been available on Brickellsold for 718 days. This property is listed at $20M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1945. 1 S Royal Poinciana Blvd, Miami Springs FL 33166 is in Miami Springs county Miami-Dade County.
