$5,200,000

Commercial/Industrial For Sale

2055 SW 8th St Miami FL 33135

Courtesy of: Lombardi Properties

PROPERTY DETAILS

Property Type: Commercial/Industrial
Year Built: 1997

DESCRIPTION

Please email for Offering Memorandum

Lombardi Properties is pleased to present the opportunity to acquire 2055 SW 8 Street (“2055” or the “Property”), a 7,272-square foot retail center on a 20,250-square foot site in the heart of Little Havana in Miami, Florida. 2055’s owners recently signed leases with Sanguich, a contemporary Cuban sandwich concept and Sprint Corporate. The Property is currently 100% leased to seven tenants, 55% being legacy tenants providing substantial rental upside, with expiring leases over the next several years. Through this opportunity 2055 should achieve a 12% growth in NOI by year 3 and 32% growth in NOI by year 5.

PROPERTY FEATURES
MLS #: A10541209
For Sale
54 Days on market
Neighborhood: West Shenandoah, Little Havana
Year Built: 1997
Status: Active
Virtual Tour Link: View Tour

MAP
2055 SW 8th St Miami, FL 33135
2055 SW 8th St Miami FL 33135

Courtesy of: Lombardi Properties

MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved.

Updated: 14th November, 2018 11:52 AM.

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