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Free-standing retail building FOR SALE

505, Northeast 125th Street, North Miami, Miami-Dade County, Florida, 33161, United States
  • Retail
  • Property Type
  • 3,750
  • ft²
  • 10,700
  • Lot ft²
For Sale
Free-standing retail building FOR SALE
505, Northeast 125th Street, North Miami, Miami-Dade County, Florida, 33161, United States

Details

Updated on January 21, 2025 at 5:42 pm
  • Price: $2,999,000
  • Property Size: 3,750 ft²
  • Land Area: 10,700 ft²
  • Property Type: Retail
  • Property Status: For Sale

Description

Stand-alone retail building totaling 3,700 sq ft on a 10,700 sq ft lot fronting 125 St and NE 5 Ave and a development hot spot. Underlying C-3 zoning allowing for a multitude of vertical development. Currently rented to a national tenant on a Double Net Term. FDOT car count stands at over 30,000 per day, what that means to you is that any tenant/occupant will benefit from a high car count. Property is currently leased out to a national tenanting an exploding industry with several years left on the lease.

Nearby projects include a 466 unit storage development on 146 street, an 8 story multifamily development and a nearly 1300 multifamily/mixed use development.

40-Year Recertification: Completed

Lease: Structured as 2NN, secure lease through 2029, 5-year renewal options.

Property Documents

505 NE 125 ST-MAS-GB-FLYER
  • Address 505, Northeast 125th Street, North Miami, Miami-Dade County, Florida, 33161, United States
  • State/county Miami-Dade County
  • Zip/Postal Code 33161

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