Listed by Marcus & Millichap
$1,500,000
West Dixie Hwy Owner/User Restaurant Building
Details
APN 0622190150010
Property Type Retail
Sub Type Restaurant
Square Footage 1,788
Net Rentable (SqFt) 1,788
Units 1
Occupancy 100%
Tenancy Single
Lease Type Modified
Broker Co-Op True
Year Built 1958
Buildings 1
Stories 1
Lot Size (SqFt) 16,049
Zoning C-1
Ground Lease No
Ownership Fee Simple
Owner/User Corner Restaurant Property – West Dixie Hwy – North Miami, FL
Investment highlights
- Rare Opportunity to Secure a Fully Built Out Restaurant Property on the Corner of NE 140th Street and West Dixie Hwy in North Miami
- Existing Restaurant Tenant is on a Short Term Lease with No Options, Allowing a Buyer the Option to Occupy the Space or Re-rent for a Higher Rent
- Restaurant Infrastructure Provides Cost Savings for Incoming Tenants, Reducing Tenant Improvement Costs while Accelerating Lease Up
- Corner Location on Busy West Dixie Highway in North Miami with Over 23,500 Cars Passing the Property Daily
- North Miami Submarket of Miami Dade county is a Dense Demographic with Over 171,210 Residents Living with Three Miles and of the Subject Property
- The Property has Excellent Visibility, Amply Parking and Additional Outdoor Covered Patio which is Usable for Events and Seating
Listing Contacts
Listed by Marcus & Millichap
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