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Miami Gardens Net Leased Office Depot $4.25M

  • Property Name: Miami Gardens Office Depot
  • Address: 19400 NW 27 AV, Miami, FL
  • Building Size: 20,810 sq.ft.
  • Lot Size: 80,063 sq.ft.
  • Lease type: NNN
  • # of tenants: 2
  • Price / sq.ft.: $147/sq.ft.
  • Occupancy: 100%
  • Year Built: 2008
  • Cap Rate: 7.3%
  • Price: $4.25M

Highlights

FOR SALE is a 20,810 sq.ft. building, net leased (NNN) to Office Depot (18,760 SF) and Fashion 380 (2,050 SF) in Miami Gardens, Florida. Built in 2008 on a 1.84 acre of land, it fronts NW 27 AV, one of Miami Gardens major retail corridors. This asset is located across the street from Walmart Supercenter and within walking distance from the Sun life stadium.

The right buy for anyone looking for a solid 7% + return on their equity hands Off!

 

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