Neighbors Realty LLC
Douglas Elliman
Listed by Neighbors Realty LLC, Douglas Elliman
$3,000,000
City Club Building
Details
Property Type Retail
Sub Type Storefront
Square Footage 2,800
Net Rentable (SqFt) 2,800
Cap Rate 4.00%
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 07/18/2027
Broker Co-Op Yes
Class B
Year Built 1941
Year Renovated 2017
Stories 2
Zoning T5 O
Lease Commencement 07/18/2025
Occupancy Date 07/18/2025
Located in a Thriving Redevelopment District -Office and Retail | 2,800 SF
Marketing description
CITY CLUB BUILDING OVERTOWN MIAMI IS NOW ENTIRELY LEASED FOR $25.00 PER SQUARE NNN.
STRATEGIC LOCATION WITH STRONG GROWTH AND REDEVELOPMENT ALL AROUND. IDEAL FOR INVESTORS, DEVELOPERS OR BUSINESS OWNERS.
EASY ACCESS TO DOWNTOWN MIAMI, WYNWOOD AND MAJOR HIGHWAYS. POSITIONED IN A HIGH-DEMAND, RAPIDLY EVOLVING AREA.
WITH 50% DOWN PAYMENT OWNER WILL HOLD PURCHASE MONEY FRIST MORTGAGE AT 5% PERCENT INTEREST BALOON 5 YEARS.
Investment highlights
- Video Link : https://1drv.ms/v/c/efbd41469935a8be/ESD-sRbyofNDla2m2u2n2EYBTjiG4ky-a6ozZp3Ci_65Xg
Listing Contacts
Neighbors Realty LLC
Douglas Elliman
Listed by Neighbors Realty LLC, Douglas Elliman
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