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25 SW 9th St # 6, Miami FL 33130,Miami,Miami-Dade County,Commercial Sale

$ 5,817,000
25 SW 9th St # 6, Miami FL 33130,
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Overview

  • Updated On:
  • September 13, 2021

Description

CAP RATE 5%

REAL ESTATE PROPERTY IS FOR SALE NOT THE BUSINESS
Current Tenant: Pre-school
Property: Commercial full floor across Brickell City Centre Complex Mall
Location: 25 SW 9th Unit:4th floor, Miami, FL 33130 (Heart of Brickell Financial District)
SqFt: 7,279 (floor plan attached)
Contract length: 4 years on current tenant and 16 years left on the contract

ROUND UPS NOI: 2021 $291,000 / 2022 $300,00 / 2023 309,000 / 2024 $318,000 / 2025 $328,000 / 2025 $338,000 / 2026 $348,000 and following year 11 onward a 3% adjustment yearly
TENAT COVERS ALL EXPENSES: Insurance / Property Tax / Condominium Maintenance

Neighboor tenants: APPLE STORE/ SACKS FIFTH AVENUE/ SEPHORA / CAPITAL ONE / EQUINOX / CHIPOTLE / PF CHANG’S / BURGER KING / SLS HOTEL

Address: 25 SW 9th St # 6, Miami FL 33130
City:
State/County:
Zip: 33130
Open In Google Maps
Property Id : 166032
Price: $ 5,817,000
MLS Listing ID: A11015460
ListAgentMlsId: 3256732
ListingKeyNumeric: 356931531
OriginatingSystemKey: miamire
Building Total Area: 7279
Business Type: Condominium
MLS Listing ID: A11015460
Living Area Units: Square Feet
MLS Status: Active
Parcel Number: 01-41-38-160-0060
SpecialListingConditions: Sale
Tax Annual Amount: 55266
Year Built: 2017
$ 22,553.66
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 22,553.66

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