Listed by SVN | Real Estate Associates
$5,995,000
1426 & 1500 S Miami Blvd, 1408 Marly Drive
Details
APN 234198, 243934, 165078
Property Type Retail, Industrial
Sub Type Auto Shop
Square Footage 22,998
Occupancy 100%
Tenancy Multi
Brand/Tenant Gerber Collision, Moaven Motors
Lease Type NNN
Year Built 1986
Year Renovated 2011
Buildings 2
Stories 2
Acreage 2.400
Zoning CG(D) & RS-20
Ground Lease No
Automotive Sales/Service Buildings (22,998 SF Total) & 0.2-Acre Parking Lot
Marketing description
The property located at 1426 S. Miami Boulevard and 1408 Marly Drive is a ±2.40-acre site with two commercial buildings, totaling ±22,998 SF. The improvements are utilized as automotive sales and service centers, Moaven Automotive and Gerber Collision & Glass.
This sale also includes 1500 S. Miami Blvd, a ±0.2-acre fenced parking lot.
Investment highlights
- Built in 1986, the buildings were renovated in 2011 and include a waiting area with private offices, garage/shop space, and 11 roll-up doors
- Gas-pack heat or oil can be used by both tenants
- Direct access to US 70 with close proximity to I-85/I-885, connecting to downtown Durham and RTP
- The front half of the property is currently zoned CG - upon adoption of the new Land Development Code (LDC), the entire property is proposed to be rezoned CH
Listing Contacts
Listed by SVN | Real Estate Associates
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