11601 SW 216 St Miami, FL 33170

FOR SALE - Active
$7,900,000

Overview

  • Status: Active
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 24,624 ft2/2,287.64 m2
  • Price Per: $320.83 ft2/$3,453.34 m2
  • Type: Commercial/Investment
  • Built: 1985
  • HOA: No info
  • MLS Number: A11573040
  • View No info
  • On Site: 272 days
  • Updated: Listing Refreshed: 272 Days Ago

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.

Price History

DateEventPriceChange RatePrice Per
04/20/2024Listed$7,900,000.00$320.83 ft2/$3,453.34 m2

Contact Information

Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
Contact Advisor
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