Commercial Real Estate

Basics

  • Category:
  • Type:
  • Status:
  • Bathrooms: 0
  • Lot size: 4792, 4792 sq ft
  • Year built: 1967
  • County: Miami-Dade
  • MLS ID: A11724448

Description

  • Description:

    BH 150 CONDO UNIT 103 UNDIV 3.163% INT IN COMMON ELEMENTS OFF REC 29049-2228 Presenting 150 SE 2nd Ave, Suite 103, a prime retail investment in Downtown Miami's prestigious Chase Building. This 3,492 SF high-visibility property is leased by USPS, a federally backed tenant, ensuring stable cash flow and long-term security. USPS occupies 2,000 SF under a partial NNN lease with an 8% rent increase at each 5-year renewal. The remaining 1,492 SF is leased as storage to different tenants of the building, generating additional income. One of only four retail spaces on the first floor, the property benefits from heavy foot traffic, dense commercial and residential growth, and proximity to major transit hubs. With a secure tenant, prime location, and rent escalations, this is a high-demand, low-risk investment in one of Miami’s fastest-growing markets.

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Building Details

  • Building Name: 150
  • Structure Type: Retail
  • Construction Materials: Block
  • Covered Spaces: 0
  • Number Of Buildings: 1

Expenses, Fees & Taxes

  • Operating Expense: $900
  • Tax Annual Amount: $29,190
  • Insurance Expense: $900

Miscellaneous

  • List Office Name: Synergy Realty Advisors
  • Listing Terms: Cash,Conventional

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This -type commercial real estate is located in FL, Miami was built in 1967, and is listed at $2,500,000.

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