2205 NW 20th St, Miami , 33142
Listing ID: A11447374
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$5,595,000
Price
Built: 1995
Listed: 7 months ago
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Property Description

This is an ideal Owner/User, Free Standing, Fully Renovated retail building w/advertising pylon, on a hard corner (with traffic light). The Property is under a Triple Net Lease that offers significant upside, with a 7% annual lease escalation. The Property is perfectly suited for an owner/user upon expiration of the lease. The Property consists of a 8,546 SF building on .37 acres (16,177 SF) w/17 parking spaces onsite. It offers Street Front Retail entrances, Street Level Roll-Up Doors & 2 Dock Height Doors for multiple users. It has 18 foot high ceilings in the enormous showroom. Investors can increase income by either extending the existing lease w/current tenant (lease has an annual 7% Increase) or replace w/a market rate tenant.

Other located at 2205 NW 20th St. The property was built in 1995. 2205 NW 20th St is in the Miami neighborhood.
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Listed by: Re/Max Advance Realty

Mortgage Estimation Calculate Your Own

20% down payment
$19,603
per month
35% down payment
$15,928
per month
50% down payment
$12,252
per month

Estimated mortgage based on 2.7% on a 30 year amortization based on some lenders

roomvu is not liable for data estimates generated by computer modeling, which may not reflect exact market values

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Paul Silverstein

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Paul Silverstein
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$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
Down Payment