Basics
- Lot Size Units: Square Feet
 - Building Name: GOULDS SHOPPING PLAZA, GOULDS SHOPPING PLAZA
 - Category: Commercial Sale
 - Type: Retail
 - Status: Active
 - Bathrooms: 0
 - Year built: 1985
 - MLS ID: A11573040
 
Description
- 
                                    Description: 
Retail Strip Shopping Center with National Tenant Restaurant Outparcel for Sale on Signaled Intersection of US-1 and SW 216th Street, in the fast-growing Goulds/Cutler Bay area. The shopping center is 24,626 SF and sits on 2.71 Acres, providing excellent visibility to 38,000 cars per day on US-1 and on SW 216th St. Tenants include Church's Chicken Outparcel National Tenant, and Ten junior complimentary tenants. The shopping center is being offered at a 5.8% Market Cap Rate and is 100% Occupied with stable tenants. This is an excellent investment for a buyer seeking a stable income. Located 1-mile South of the Florida Turnpike at Caribbean Boulevard and the New "Southplace City Center" at Southland Mall. A full Offering Memorandum is available upon request.
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Property details
- Total Building Area: 24624
 - Number of Buildings: 2
 - Lot Size Square Feet: 117967
 - Parcel Number: 30-60-07-000-0250
 - Lot Size Area: 117967
 - Structure Type: Retail
 
Property Features
- Parking Features: Common
 - Construction Materials: Block
 - Cooling: Central Air
 - Cooling Y/N: 1
 - Covered Spaces: 0
 - Sewer: Public Sewer
 - Roof: Concrete
 - Waterfront Y/N: 0
 - Water Source: Public
 - Stories: 1
 
Location Details
- County Or Parish: Miami-Dade County
 - Directions: Florida Turnpike Exit 12 at Caribbean Blvd. and head South on US-1 to Signaled Intersection on SW 216th Street. The Shopping Center is on the East side of US-1.
 - Zoning Description: BU-1A
 
Fees & Taxes
- Tax Annual Amount: 68005
 - Tax Legal Description: 7 56 40 & 12 56 39 2.71 AC M/L SW1/4 OF SW1/4 OF SW1/4 OF SW1/4 LESS SR #5 & LESS S55FT & N25FT & SE1/4 OF SE1/4 OF SE1/4 LYG SELY SR #5 LES
 
Miscellaneous
- Public Survey Township: 30
 - Public Survey Section: 7
 - Syndication Remarks: Retail Strip Shopping Center with Outparcel National Restaurant Tenant for Sale on Signaled Intersection of US-1 and SW 216 Street, in Miami.
 - Operating Expense: 137651
 - Gross Income: 600252
 - Gross Scheduled Income: 475100
 - Net Operating Income: 460527
 - Virtual Tour URL: https://www.propertypanorama.com/instaview/mia/A11573040
 
Ask our real estate expert about this property
This Retail-type commercial real estate is located in 216 St, Miami, was built in 1985, and is listed at $7,900,000.