11601 216 St, MLS # A11573040, Miami Commercial For Sale | InCom Real Estate - Sample Office
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11601 SW 216 St , Miami, 33170
11601 216 St presented by :
Brokered By: Cruz Commercial Realty, LLC
Price: | 7,900,000.00 |
Type: | Shopping center |
Lot Square Feet: | 117967 |
Remarks
Retail Strip Shopping Center with National Tenant Restaurant Outparcel for Sale on Signaled Intersection of US-1 and SW 216th Street, in the fast-growing Goulds/Cutler Bay area. The shopping center is 24,626 SF and sits on 2.71 Acres, providing excellent visibility to 38,000 cars per day on US-1 and on SW 216th St. Tenants include Church's Chicken Outparcel National Tenant, and Ten junior complimentary tenants. The shopping center is being offered at a 5.8% Market Cap Rate and is 100% Occupied with stable tenants. This is an excellent investment for a buyer seeking a stable income. Located 1-mile South of the Florida Turnpike at Caribbean Boulevard and the New "Southplace City Center" at Southland Mall. A full Offering Memorandum is available upon request.