Commercial property in Miami, Florida № 2025587

Commercial property in Miami, Florida № 2025587
ID2025587 $ 3 500 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
2025587

Property description

Prime retail investment opportunity located at 300 SW 17th Ave, offering a 100% occupied, stabilized triple-net (NNN) income stream with minimal landlord responsibilities. The property is leased to strong regional tenants with multiple operating locations, providing reliable, durable cash flow and reduced operational risk. The asset underwent a comprehensive, property-wide renovation in 2022, including new electrical, plumbing, HVAC systems, and grease traps, ensuring modern infrastructure and long-term efficiency. Additional features include high ceilings, 24-hour access, modern build-outs, and excellent signage visibility, enhancing both tenant functionality and customer exposure. With its stabilized income profile, NNN lease structure, and recent capital improvements, this property delivers immediate returns and positions itself as an ideal long-term hold for investors seeking passive income in a well-located urban corridor. The combination of strong tenancy, modern systems, and limited management requirements makes this asset a compelling opportunity in today’s market.
MLS #: A11963479
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CityMiami
Address300 SW 17th Ave, Miami FL 33135
TypeCommercial property
Completion dateIV quarter, 1956
Price
  • Price
  • per m²
$ 3 500 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £