Commercial property in Key Biscayne, Florida № 1065239

Property description

EXCEPTIONAL Tenant(First Horizon) - PRIME Corner Unit - Fully NNN(tenant reimburses for all expenses) - NOI $116,958 - 5.5% Cap - Located in a very high-net-worth zip code - Bank has a captive client base and manages significant portfolio, corporate and money managed accounts - Same tenant since 2016 - 2 years left on current term with another 5 year renewal option. Located at the entrance of a shopping center with high foot traffic. Other tenants include restaurants, retailers, salons and offices. Shopping center is on Crandon Blvd, the main road in Key Biscayne. Unit has 1,109 sq ft.