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Shopping Strip

765 & 771 NE 125th St

765 & 771 NE 125th St, North Miami, FL 33161

Listing Price: $1,650,000

Cap Rate
5.07%
Gross SF
6,864
Rentable SF
6,864
Price/Gross SF
$240.38
Lot Size
0.25 acres
Year Built
1955

Investment Overview

Marcus and Millichap is pleased to exclusively offer the sale of 765&771NE 125th Street, North Miami, FL, 33161. The property consists of two inline retail buildings with a gross leasable area of 6,864 square feet and a combined lot size of 10,800 square feet. It has 6 individual units, which are currently fully occupied by 4 separate tenants. This property presents a unique opportunity for an investor to acquire a value-add opportunity in the heart of North Miami, with short term leases and below market rents. The fully occupied retail strip lies along the main corridor with 100 feet of frontage along NE 125th Street. It is located just off the intersection of West Dixie Highway & NE 125th Street with and average of 30,000 vehicles per, giving it great curb appeal and easy access to Biscayne Boulevard and I-95. The subject property is centrally located in North Miami servicing the community and surrounding neighborhoods. The surrounding area consists of an array of major national retailers and family housing, with nearby developments soon to follow.

Investment Highlights

  • Fully Occupied Retail Strip
  • Below Market Rents
  • Short-Term Leases
  • C-3 Zoning Allowing Multiple Commercial Uses
  • Close Access to W. Dixie Hwy, I-95 & Biscayne Blvd

Exclusively Listed By

Financing By

Shopping Strip

765 & 771 NE 125th St

Listing Price: $1,650,000

Cap Rate
5.07%
Gross SF
6,864
Rentable SF
6,864
Price/Gross SF
$240.38
Lot Size
0.25 acres
Year Built
1955

Investment Highlights

  • Fully Occupied Retail Strip
  • Below Market Rents
  • Short-Term Leases
  • C-3 Zoning Allowing Multiple Commercial Uses
  • Close Access to W. Dixie Hwy, I-95 & Biscayne Blvd

Investment Overview

Marcus and Millichap is pleased to exclusively offer the sale of 765&771NE 125th Street, North Miami, FL, 33161. The property consists of two inline retail buildings with a gross leasable area of 6,864 square feet and a combined lot size of 10,800 square feet. It has 6 individual units, which are currently fully occupied by 4 separate tenants. This property presents a unique opportunity for an investor to acquire a value-add opportunity in the heart of North Miami, with short term leases and below market rents. The fully occupied retail strip lies along the main corridor with 100 feet of frontage along NE 125th Street. It is located just off the intersection of West Dixie Highway & NE 125th Street with and average of 30,000 vehicles per, giving it great curb appeal and easy access to Biscayne Boulevard and I-95. The subject property is centrally located in North Miami servicing the community and surrounding neighborhoods. The surrounding area consists of an array of major national retailers and family housing, with nearby developments soon to follow.

Exclusively Listed By

Financing By

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