Prepared for 4/20/2015
Presented by Elite International Commercial and Business Division Elite International Realty Commercial&Business Division (786) 295-1825 awolak@eliteinternational.com
Properties for Sale 1
11401 NW 41st Street, Doral, FL 33178 Property Details Price Gross Leasable Area Lot Size Price/SF Property Type Property Sub-type Property Use Type Occupancy Tenancy Year Built Status
$9,273,660 11,110 SF 1.82 AC $834.71 /SF Retail Strip Center Investment 100% Multiple 2014 Active
Property Notes
Property Description Doral Signature Shops provides a rare opportunity for an investor to secure a newly constructed three-tenant retail center featuring long-term leases with high profile tenants. The subject property's three tenants are Mercantil Commercebank, Starbucks and Graziano' s Restaurant, Market and Pizzeria. This tenant mix is perfectly suited to the needs of the upscale, international clientele characteristic of Doral, Florida. Mercantil Commercebank is a strong regional player of international origin with 16 branches in the Florida with average deposits of $76 million per branch. Mercantil Commercebank has total assets of $7 billion. The bank has a total of 20 banking centers with locations in Florida, Texas, and one branch in Manhattan, New York. Mercantil Commercebank will occupy a built-tosuit space in Doral Signature Shops with two drive-through lanes.
Location Description This prime retail property is located in one of the fastest growing, most affluent communities in all of South Florida. The City of Doral is a market that is highly coveted by commercial real estate investors, with very limited access to quality assets.
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11401 NW 41st Street Doral, FL 33178
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