854 N Krome Ave, Homestead, FL 33030
sale
$10,000,000
|
Retail
Courtesy Of 1426 Real Estate LLC D/B/A Keller Williams Coral Gables Realty
ATTENTION INVESTORS / CONTRACTORS! Value-add opportunity: a Triple Net Lease shopping center with an impressive 8.3% Cap rate BEFORE any value-add! All leases are triple net, perfect for landlords. Krome Ave has become the vibrant commercial retail hub of Homestead, prime location bordering Florida City, offering lucrative prospects for discerning investors. Spanning an expansive 15,168 SFT of building space and situated on almost 1 acre (over 38,636 SFT) of land, its strategic positioning sets it apart, promising substantial returns for years to come. ALWAYS fully occupied, B-1 zoning allows for a diverse tenant mix. Rental rates currently below market value, endless opportunities! DO NOT DISTURB TENANTS! Financials are in the pics. Tenants pay taxes, insurance & maintenance!! #goldmine
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Virtual Tour
Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Exterior Type: Block
- Floor Covering: Other
- Legal Description: KROME AVE ADD PB 6-174 LOTS 9-10 & LOT 1 BLK 4 ROYAL PALM ADD PB 2-67 LOT SIZE 148.600 X 260 OR 15678-0847 1092 3 COC 25089-1970 11 2006 1
- MLSID: A11916815
- Parking Spaces: 43
- Roof Type: Other
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