Property Description

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.

Features
: Centralair
: Common
: Concrete
: Publicsewer
Address Map
FL
Miami-Dade County
Miami
33170
11601 SW 216 St
W81° 37' 11.3''
N25° 34' 0.3''
MLS Addon
24,624 Sqft
GOULDS SHOPPING PLAZA
: Block
1
1
Florida Turnpike Exit 12 at Caribbean Blvd. and head South on US-1 to Signaled Intersection on SW 216th Street. The Shopping Center is on the East side of US-1.
1
1
Cash,Conventional,Other
30-60-07-000-0250
: Retail
$68,005
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Commercialsale For Sale

11601 SW 216 St, Miami, Florida 33170

117,967 Sqft
$7,900,000
MLS # #A11573040
Basic Details
Property Type : Commercialsale
Listing Type : For Sale
Price : $7,900,000
Year Built : 1985
Lot Area : 117,967 Sqft
MLS # : A11573040
Property Sub Type : Retail
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