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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.

Address Map
FL
Miami-Dade County
Key Biscayne
33149
260 Crandon Blvd # A51
W81° 50' 8.6''
N25° 41' 47.4''
MLS Addon
1
Sale
$13,813
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6100
0
14/03/2024 20:17:59

260 Crandon Blvd # A51, Key Biscayne, Florida 33149

$2,127,000
Listing ID #A11549968
Basic Details
Property Type Commercial Sale
Listing Type For Sale
Listing ID A11549968
Price $2,127,000
Year Built 1981
Days on Market 0
Building Area 1,109
Status Active
Property SubType Retail
On Market Date 14/03/2024
Elena Beck
MiamiInvestrealty
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