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NNN RETAIL INVESTMENT (CORE PLUS) 300 SW 17th Ave 7,002 SF 100% Leased Retail Building Miami, FL 33135 $4,743,550 CAD ($677.46 CAD/SF) 6.45% Cap Rate
Investment Highlights
- 100% fully stabilized with a strong tenant mix with Proven Operators
- Turnkey Food-Infrastructure Retail Space.
- Sticky, Capital-Intensive Tenants with predictable growing cash flow
Executive Summary
Prime retail investment located at 300 SW 17th Ave, offering a 100% occupied, stabilized triple-net income stream. The property is leased to strong regional tenants with multiple locations, providing durable cash flow and reduced operational risk. A full property-wide renovation was completed in 2022, including new electrical, plumbing, HVAC systems, and grease traps. Featuring high ceilings, modern infrastructure, 24-hour access, and strong signage visibility, this asset delivers immediate returns with minimal management, it an ideal long-term hold.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
7,002 SF
Building Class
C
Year Built/Renovated
1956/2022
Price
$4,743,550 CAD
Price Per SF
$677.46 CAD
Cap Rate
6.45%
NOI
$305,729 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.77
Lot Size
0.21 AC
Zoning
T5-O
Amenities
- Corner Lot
Walk Score®
Walker's Paradise (93)
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-4103-014-1400 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,459,844 CAD |
Property Taxes
Parcel Number
01-4103-014-1400
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,459,844 CAD
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NNN RETAIL INVESTMENT (CORE PLUS) | 300 SW 17th Ave
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