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1 S Royal Poinciana Blvd

Miami Springs, Florida, 33166, United States

Property ID: #673271 // commercial
1 S Royal Poinciana Blvd
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Traditional Sale
List Price:
$20,172,000.00
Icon - ft²
Icon 1.53 acres
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Address:
1 S Royal Poinciana Blvd
City:
Miami Springs
State:
Florida
Zip Code:
33166
County:
Miami-Dade County
Country:
United States
Property Type:
Commercial
Additional Property Types:
Retail
Year Built:
1945
Lot Size:
1.53 acres
Data Source:
Miami MLS
MLS/Reference Number(s):
A11441771
Source Status:
Active
Source Property Type:
Commercial, Retail

Property Provided By

  • Rayza Perez
  • Dwntwn Realty Advisors LLC
  • +1 (786) 325-9928
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Property Information

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.

Source Disclaimer

Miami MLS

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Courtesy of Dwntwn Realty Advisors LLC.
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This content last updated on 2023-08-24 18:58:40. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.


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