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Property Description

SUN PLAZA SHOPS. The Strip Plaza is located just 150 yards from Palmetto 826 entrance on 27th Ave in Miami Gardens. Incredible vehicular and pedestrian traffic. Miami Gardens is one of the main areas of commercial and residential expansion in Miami-Dade. Leasable area is 9340 SF and it is currently 100% leased producing 5.60% CAP with the possibility of updating the rents to the current market within the next 12 months. All leases are Triple Net (NNN). Some tenants have been in the Plaza for more than 20 years. Recently repaired roof and parking lot. A great investment opportunity situated at one of the fastest growing areas in Miami! CAP 6.00%

Features
50
Address Map
FL
Miami-Dade County
Miami Gardens
33054
16547 NW 27th Ave
SUN PLAZA SHOPS
W81° 45' 21.1''
N25° 55' 31''
MLS Addon
Building & Land, Leases
1 To 3 Year Lease, 4 To 6 Year Lease
All Cash, Conventional/refinance
1
New Construction
Sale
1
Commercial
$48,165
2022
Click Here
Public
6500
8
19/03/2024 01:08:26

16547 NW 27th Ave, Miami Gardens, Florida 33054

$2,680,000
33,441 size sq.ft.
Listing ID #A11422051
Basic Details
Property Type Commercial Sale
Listing Type For Sale
Listing ID A11422051
Price $2,680,000
Year Built 1957
Days on Market 66
Building Area 9,071
Status Active
Property SubType Retail
Lot Area 33,441 Sqft
List Date 2024-03-19
On Market Date 19/07/2023
Elena Beck
MiamiInvestrealty
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