Listed by Great Properties International LLC
$1,450,000
The Square at Key Biscayne
Details
APN 24-42-32-022-0380
Property Type Retail
Sub Type Storefront, Shopping Center
Square Footage 1,044
NOI $82,678
Year Built 1981
Lot Size (SqFt) 1,044
Zoning 6100
Retail | 1,044 SqFt
Marketing description
Investment opportunity to acquire a fully leased retail unit at The Square, one of Key Biscayne’s most established commercial centers. The property is occupied by a successful Cafe & Gelato under a NNN lease, with the tenant responsible for operating expenses, providing stable in-place income and minimal landlord obligations. Located on Crandon Boulevard, The Square is a vibrant 55-unit open-air shopping center with a diverse mix of restaurants, boutiques, salons, and professional offices.
Listing Contacts
Listed by Great Properties International LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$82,678.00
$6,889.83/mo
Valuation Metrics
0
DSCR
5.7%
Cap Rate
5.7%
ROI
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