Year Build: 2014
Building Size: 22,000 SqFt.
No of Stories: 1
Total Lot Area: 41000.00 SqFt.
No of Parking: 0
No of Total Units: 0
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: Yes
Business Price Included?: No
Roofing: Not Specified
Occupancy: 100%
Full Description
INVESTMENT OVERVIEW Capital Commercial Real Estate Group, Inc, is proud to market retail plaza in Doral, Miami/Dade County. This property is +/-41,000 SF with 22,000 net leasable square feet. The retail portion is +/- 22,000 SF. This plaza offers investors a unique opportunity to acquire newly constructed class "A "property in a rarely offered community in central Doral nestled in a Class "A" neighborhood. INVESTMENT HIGHLIGHTS - Dense upper income trade area- Submarket has shown strong stability in occupancy and above-average market rental growth over past five years- NNN Leases - Low Management and minimal capital investment - Low Vacancy Rate and Competition - Daily Traffic Count is 45,751. Aggregate second year NOI increase of 5% - Renewal annual increases of average 8%.
This property is located in the City of Doral east of Florida Turnpike and west of the Palmetto Expressway. The property is centrally located in the heart of Doral by Trump Doral Gold Resort, Doral Country Club, suburban communities with multiple high-end residential projects.