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Key Details
Sold Price $3,300,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 8,071 sqft
Price per Sqft $408
MLS Listing ID A11038279
Sold Date 05/20/22
Construction Status Resale
HOA Y/N No
Year Built 2009
Annual Tax Amount $21,966
Contingent Pending Inspections
Lot Size 0.695 Acres
Property Description
100% leased strip mall in Opa-Locka, FL. Prime location on the busy 27th ave with daily traffic count of over 60,000 vehicles. National tenants include Papa John's, Subway, Bank of America (ATM), Metro by T-Mobile & Cash Advance America. Other tenants include: Florida State Representative James Drew Bush III & the hibachi restaurant Hi Wings. The property is conveniently located between 3 gas stations: U Gas, Marathon & Sunoco & surrounding national retailers include: Wells Fargo, AutoZone, Dollar General & Church's Chicken. Vacancies for retail properties in Opa-Locka overall have remained unchanged during the pandemic, with retail rents growing by 1.3% the past 12 mths.Additionally, the region does not appear to face significant supply pressure, as the development pipeline remains quiet.
Location
State FL
County Miami-dade County
Area 21
Exterior
Waterfront No
Parking Type Common, Free Parking
Building
Story 1
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 08-21-28-001-0110
Ownership Corporation
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with EFA Realty
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