Retail•Vehicle Sales & Service•For Sale or Lease

Land and Auto Dealership Property Offering

9427 Northwest 27th Avenue, Miami, Florida 33147

Sale Price $1,575,000 ($63.00 /SqFt)
Lease Rate $Negotiable
Zoning BU-2
Bldg Type Owner-User
Class B
Status Existing
Year Built 1956
Stories 2
Cap Rate 10.00%
Total Avail 25,000 SqFt
Avail 25,000 to 25,000 SqFt
RBA 25,000 SqFt
Land Area 31,000 SqFt
Market South Florida
Parcel# 30-3103-012-0030;30-3103-012-0020; 30-3103-012-0120;30-3103-012-0110 30-3103-012-0100
Corner Car Dealership and Land for sale and for lease. Located at 9427 NW 27th Ave. Miami, FL 33147. This car dealership is located in a very high traffic area with vast exposure. Located in the city of Miami, Florida, Income producing property Situated in the North Central Urban Area District (NCUAD) The use allows for mixed use, Max 6 stories (building height), Max 36 units/per acre. Future Redevelopment of commercial/residential Mixed-Use corridor assemblage. The listings consist of 5 continuous folios amounting to 31,500 SF. For Sale at a 9%+ Cap Rate.
  • Leases are for one year with options
  • 1 renewal option of 1 years with 4% annual rent increase
  • The lessee has the exclusive right for a period of 1year options have 30-day clause to vacant.
  • The lessor Owner has the exclusive right for of first refusal to continue lease tenant options
  • Income comes from the $ Monthly rent
  • Plenty of Parking Spaces
  • Prime location Corner Property with great exposure
  • The building includes office spaces and bays suitable for mechanical activity

1 Spaces

Other
1
11/26/2019 12:00:00 AM 12/16/2019 3:45:38 PM
Leonard Werner
Director of Commercial Advisors
Optimar International Realty
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