Costantini VIP Realty

Serving the Miami-Dade, Broward and Palm Beach Counties

 

Property Description

CURRENT CAP RATE 5.1%rnrnREAL ESTATE PROPERTY IS FOR SALE NOT THE BUSINESS rnCurrent Tenant: Pre-school rnProperty: Commercial full floor across Brickell City Centre Complex Mall rnLocation: 25 SW 9th Unit:4th floor, Miami, FL 33130 (Heart of Brickell Financial District)rnSqFt: 7,279 (floor plan attached)rnContract length: 4 years on current tenant and 16 years left on the contractrnrnrnROUND UPS NOI: 2022 $300,00 / 2023 309,000 / 2024 $318,000 / 2025 $328,000 / 2025 $338,000 / 2026 $348,000 and following year 11 onward a 3% adjustment yearly rnTENAT COVERS ALL EXPENSES: Insurance / Property Tax / Condominium MaintenancernrnNeighboor tenants: APPLE STORE/ SACKS FIFTH AVENUE/ SEPHORA / CAPITAL ONE / EQUINOX / CHIPOTLE / PF CHANG’S / BURGER KING / SLS HOTEL

Features
: 10
: Covered, Guest, Assigned, Valet
Address Details
FL
Miami-Dade County
Miami
33130
25 SW 9th St # 6
0
Other
484
1
: Sale
$55,266
6408

Commercial Sale For Sale

25 SW 9th St # 6, Miami, Florida 33130

1 Sqft
$5,817,000
Listing ID #A11015460
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : A11015460
Price : $5,817,000
Year Built : 2017
Lot Area : 1 Sqft
Building Area : 7,279 Sqft
Status : Active
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