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Commercial Income
$20,172,000
1 S Royal Poinciana Blvd Miami Springs, FL

A11441771

56 of 56 for Sale
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an agent
  • Listed On:

    Aug 24, 2023
  • Days on Market:

    455
  • Year:

  • Taxes:

    $29,673 per year
  • Floor Description:

  • Occupancy:

  • Zoning:

  • Parking:

1 S Royal Poinciana Blvd Miami Springs, FL 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.

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For Sale Details

  • Photo Count

    1

  • Property Type

    Commercial Sale

  • SqFt Total

    66496

  • Terms Considered

    All Cash, Conventional/Refinance, Owner Will Carry

  • Year Built

    1945

Any questions about Commercial Income?
Contact our Miami Springs Real Estate Specialist today.

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