bernardpoirier

1260 NW 29th St, Miami FL 33142

Active

Listing #A11649189

$3950000
Bedrooms
full Bathrooms
16845 Square Feet
Commercial Sale Type

About This Property

Eceptional NNN lease opportunity in the vibrant Allapattah neighborhood (33142). The property includes two contiguous properties on two separate folios - 1260 and 1270 NW 29th Street - totaling 11,908 square feet on 16,845 square feet of land. Both properties recently underwent, extensive renovations and are under lease with a roster of stable, handpicked tenants supported by high-quality NNN lease agreements. Both properties occupy 116 feet of linear street-front exposure. providing multiple access and egress points. Zoned D1, this well-maintained property offers an attractive location within a rapidly growing area. Note: Current cap rate at asking price is 6.8% at full asking price. With terms acceptable to the seller a 7CAP may be achieved at closing

Property Features

Location Information

County

Miami-Dade County

Section

26

Area

11908

Subdivision

Interior Features

Interior

Cooling

Bedrooms

Floors

Full Baths

Appliances

Heating

Exterior Features

Style

Garage Spaces

Construction/Exterior

Patio / Deck Description

Exterior

Has a Pool

Possession

Lot Size in Acres

Water

Public

Sewer

Public Sanitation

Lot Size in Sq. Ft.

16845

Has Waterfront

No

Parking Description

Shared Parking

View

Has Garage

No

Additional Information

Roof/Attic

Senior Community

No

Other Utilities

Property Type

Commercial Sale

Pets

Property SubType 2

Mixed Use

Tax Year

NA

Year Built

1953

Tax Amount

$25660

APN

NA

Square Feet Source

NA

Map

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