Restaurant
West Dixie Hwy Owner/User Restaurant Building
14005 W Dixie Hwy, North Miami, FL 33161
Listing Price: $1,500,000
Cap Rate
2.55%
Tenant Name
Caribbean Zone Bakery & Restaurant
Years Remaining On Lease
0.7
Guarantor
Personal Guarantee
Rentable SF
1,788
Lease Type
Modified Gross
Rent Per Square Feet
$21.36
Investment Overview
Marcus & Millichap is pleased to present for sale, West Dixie Highway Owner/User Restaurant Building located on busy West Dixie Highway in North Miami.
Investment Highlights
- Rare Opportunity to Secure a Fully Built Out Restaurant Property on the Corner of NE 140th Street and West Dixie Hwy in North Miami
- Existing Restaurant Tenant is on a Short Term Lease with No Options, Allowing a Buyer the Option to Occupy the Space or Re-rent for a Higher Rent
- Restaurant Infrastructure Provides Cost Savings for Incoming Tenants, Reducing Tenant Improvement Costs while Accelerating Lease Up
Exclusively Listed By
Listing Price: $1,500,000
Cap Rate
2.55%
Tenant Name
Caribbean Zone Bakery & Restaurant
Years Remaining On Lease
0.7
Guarantor
Personal Guarantee
Rentable SF
1,788
Lease Type
Modified Gross
Rent Per Square Feet
$21.36
Investment Highlights
- Rare Opportunity to Secure a Fully Built Out Restaurant Property on the Corner of NE 140th Street and West Dixie Hwy in North Miami
- Existing Restaurant Tenant is on a Short Term Lease with No Options, Allowing a Buyer the Option to Occupy the Space or Re-rent for a Higher Rent
- Restaurant Infrastructure Provides Cost Savings for Incoming Tenants, Reducing Tenant Improvement Costs while Accelerating Lease Up
Investment Overview
Marcus & Millichap is pleased to present for sale, West Dixie Highway Owner/User Restaurant Building located on busy West Dixie Highway in North Miami.
Exclusively Listed By