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Shopping Neighborhood

353 E 1st Ave

353 E 1st Ave, Hialeah, FL 33010

Listing Price: $1,325,000

Cap Rate
6.30%
Gross SF
5,240
Rentable SF
5,240
Price/Gross SF
$252.86
Lot Size
0.15 acres
Year Built
1995

Investment Overview

353-395 East 1st Avenue is a single story, eight-unit property which is currently 100% occupied with seven tenants. The property consist of a healthy mix of leisure and professional tenants such as a Caribbean Restaurant, Beauty Salon, Mini Market, Botanica, a Cafe, Tax Specialist, and a Professional Staffing Firm. This rare bitesize deal with small bay retail units benefits from the surrounding area. Being in the East Hialeah area the Property is surrounded by both municipal and professional offices. With limited parking and many employees in the immediate surrounding area, makes 1st Avenue a pedestrian paradise. With the unique tenant mix the Property can capture new business from the heavy foot trafficked area.

Investment Highlights

  • Fully Occupied 8 unit property
  • Downtown Hialeah Submarket
  • 800 SF units allowing an owner to maximize rents

Exclusively Listed By

Shopping Neighborhood

353 E 1st Ave

Listing Price: $1,325,000

Cap Rate
6.30%
Gross SF
5,240
Rentable SF
5,240
Price/Gross SF
$252.86
Lot Size
0.15 acres
Year Built
1995

Investment Highlights

  • Fully Occupied 8 unit property
  • Downtown Hialeah Submarket
  • 800 SF units allowing an owner to maximize rents

Investment Overview

353-395 East 1st Avenue is a single story, eight-unit property which is currently 100% occupied with seven tenants. The property consist of a healthy mix of leisure and professional tenants such as a Caribbean Restaurant, Beauty Salon, Mini Market, Botanica, a Cafe, Tax Specialist, and a Professional Staffing Firm. This rare bitesize deal with small bay retail units benefits from the surrounding area. Being in the East Hialeah area the Property is surrounded by both municipal and professional offices. With limited parking and many employees in the immediate surrounding area, makes 1st Avenue a pedestrian paradise. With the unique tenant mix the Property can capture new business from the heavy foot trafficked area.

Exclusively Listed By

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