Listed by Fortune International Realty
$995,000
4100 Salzedo St #17
Details
Property Type Retail
Sub Type Storefront
Square Footage 1,147
Net Rentable (SqFt) 1,147
Cap Rate 5.07%
NOI $50,446
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 3
Lease Expiration 04/30/2028
Remaining Term 1.9
Lease Options 1
Price per SqFt $867
Broker Co-Op Yes
Year Built 2008
Parking Spaces 2 spaces
Parking Per SqFt 1.74
Investment Type Net Lease
Lease Commencement 05/01/2025
Occupancy Date 05/01/2025
Ownership Fee simple
Retail | 5.07% CAP | 1,147 SqFt
Marketing description
NNN Retail investment opportunity in Coral Gables!!!
Unit 17 at 4100 Salzedo Street in Coral Gables, Florida, is a commercial retail space located on the ground floor of a nine-story residential building constructed in 2008. The unit offers approximately 1,147 square feet of space.
The building is situated adjacent to new developments, including The Henry (120 units), Merrick Manor (227 units), and Belmont Village (232 units), enhancing its commercial potential.
Steps from the Shoppes od Merrick Park, The Collection, Tesla and Coral Gables High School.
Two assigned parking spaces included on the sale,
Listing Contacts
Listed by Fortune International Realty
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$50,446.00
$4,203.83/mo
Valuation Metrics
0
DSCR
5.07%
Cap Rate
5.07%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
