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9521 Harding Ave 3,484 SF 100% Leased Retail Building Surfside, FL 33154 $3,488,000 CAD ($1,001.15 CAD/SF)
INVESTMENT HIGHLIGHTS
- Long-term control with no ownership risk
- High-yield leasehold investment
- Passive ownership structure
- Strong, stabilized retail income
- Surfside submarket strength
EXECUTIVE SUMMARY
The offering is the master leasehold interest for a 3,500± SF retail building with four retail tenants in the heart of Surfside. It presents a rare opportunity to acquire a stabilized, income-generating retail asset via a master leasehold interest with strong upside potential. The offering includes control of the property through a 99-year ground lease, which expires in December 2049, with the ability to collect and increase below market rents, operate and maintain the asset, and benefit from long-term cash flow, without fee simple ownership.
Although the underlying property is not included in the offering, it may be available separately.
Although the underlying property is not included in the offering, it may be available separately.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Storefront
Building Size
3,484 SF
Building Class
C
Year Built
1950
Price
$3,488,000 CAD
Price Per SF
$1,001.15 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.73
Lot Size
0.11 AC
Zoning
B-1 - Commercial Business
Parking
4 Spaces (1.15 Spaces per 1,000 SF Leased)
Frontage
52’ on Harding Ave
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 14-2235-007-0360 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,699,540 CAD |
PROPERTY TAXES
Parcel Number
14-2235-007-0360
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,699,540 CAD
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9521 Harding Ave
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