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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

Restaurant

West Dixie Hwy Owner/User Restaurant Building

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

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