505 NE 125th St North Miami, Florida
MLS#: A11728096
$2,999,000 USD
Listed By Fausto Commercial Realty Consultants Inc
The Retail Property for Sale located at North Miami, Florida is currently for sale. North Miami, Florida is listed for $2,999,000. This property has Total Parking features. If the property located at North Miami, Florida isn't what you're looking for, visit https://www.sheliagasson.com to see other Retail Properties for Sale in North Miami .
Date Updated : Jan 21, 2025
Property features
Key features
- Total Parking
Construction details
- Year built: 1968
Description
Stand-alone retail building totaling 3,700 sq ft on a 10,700 sq ft lot fronting 125 St and NE 5 Ave and a development hot spot. Underlying C-3 zoning allowing for a multitude of vertical development. Currently rented to a national tenant on a Double Net Term. FDOT car count stands at over 30,000 per day, what that means to you is that any tenant/occupant will benefit from a high car count. Property is currently leased out to a national tenanting an exploding industry with several years left on the lease.
Nearby projects include a 466 unit storage development on 146 street, an 8 story multifamily development and a nearly 1300 multifamily/mixed use development.
40 Year certificationn complete
Location
