Wynwood income property for Sale 🎯 [retail]
Address: 151 NW 24th Street Miami, FL 33127
📍Neighborhood: Wynwood
Type: NNN RETAIL INCOME PROPERTY
➡️ Facts + Figures
- Sale Price: $9,850,000
- Cap Rate: 5.6%
- NOI: $551,971
- Lot Size: 14,500
- Building Size: 6,656
- Renovated: 2018
- Zoning: NRD T5-O
- Max Height: 8 Stories
➡️ Highlights
- NNN Wynwood Retail
- Micro Bay Retail
- Micro Park & Patio
- Desirable Wynwood Location
- Quality In-Place Returns
- Rent Growth
- Covered Development Upside 92,800 FLR
➡️ A multi tenant micro retail building for Sale in Wynwood with great inplace cash flow, annual increase, and quality returns. This retail building features 7 bays, of Micro retail averaging from 750 RSF to 1200 RSF with a small park and outdoor patio of around 8,000 sq ft. Located adjacent to NW 2nd and Panther Coffee, one could argue this is the center of Wynwood, and right in the middle of all the action
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on this property or other commercial locations around Wynwood
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