Strip center

Prepared for 7/17/2015

Properties for Sale 1

300 NW 27th Avenue, Miami, FL 33125 Property Details Price Gross Leasable Area Lot Size Price/SF Property Type Property Sub-type Property Use Type Commission Split Cap Rate Occupancy Tenancy Year Built Tax ID/APN Status

$1,300,000 7,947 SF 0.21 AC $163.58 /SF Retail Strip Center Investment 2.50% 7.04% 65% Multiple 2012 01-4104-012-0920 Active

Property Notes

Property Description Grosse Pointe Market is a newly re-modeled multi-unit retail strip center on the intersection of NW 27th Avenue, and NW 3rd Street The property consists of 4 units which can be 8,000 RSF contiguous, or divided into smaller units. Parking spaces are available in the rear of the building, with an additional street parking also available.

Location Description The property is conveniently located on the highly trafficked 27th Avenue corridor with Coral Gables to the West, Little Havana to the East, Coconut Grove to the South, and the 836 the the North. This strip center is centrally located to expose its tenants to high traffic counts, and middle, to high income consumers living in, and traveling between these three neighborhoods daily.

SHOPPING PLAZA, RECENTEMENTE REFORMADO COM QUATRO UNIDADES QUE PODEM SER DIVIDIDAS EM MAIS UNIDADES MENORES, ESTACIONAMENTO PROPRIO ATRAS DO PREDIO E VAGAS ADICIONAIS NA RUA. PROPRIEDADE TEM FLUXO DE VEICULOS DE CORAL GABLES, COCONUT GROVE E LITTLE HAVANA.

2

15160 SW 136th Street, Miami, FL 33196 Property Details Price Gross Leasable Area Lot Size Price/SF Property Type Property Sub-type Property Use Type Cap Rate No. Stories Tenancy Year Built Status

$1,800,000 12,000 SF 0.67 AC $150 /SF Retail Strip Center Investment 7.14% 2 Multiple 2006 Active

Property Notes

Property Description For sale a 13,071-square foot, multi-tenant, retail/office building in the Kendall neighborhood of Miami, Florida. The building consists of seven retail units on the first floor with warehouse space in the back and fourteen office units on the second floor. All the units are individually metered for electric and water. An investor has the opportunity to purchase a stabilized building with below market rents. Since most tenants are on month-to-month leases, an investor can increase rents and bring current tenants to market rates.

Location Description The building fronts SW 136th street, which is a major thoroughfare in the area; giving it great visibility. There are over 700 new homes either planned or under construction in the immediate area, which will provide the tenants in the building with an increased client base. Accross the street from the building is the Miami Executive Airport which is one of the busiest general aviation airports in Florida, serving corporate, recreational, flight training, and governmental agency activities.

Map

SHOPPING PLAZA COM SETE LOJAS NO PISO TERREO , COM UM GALPAO NA PARTE DE TRAS DO PREDIO E MAIS QUATORZE ESCRITORIOS NO SEGUNDO ANDAR. TODAS AS UNIDADES ESTAO INDIVIDUALIZADAS PARA ABASTECIMENTO ELETRICO E DE AGUA. ATUALMENTE OS ALUGUEIS ESTAO ABAIXO DO PRECO DE MERCADO, TORNANDO ASSIM, UMA BOA OPORTUNIDADE PARA TRAZER NOVOS INQUILINOS. PREDIO FICA DE FRENTE PARA SW 136 ST, UMA ARTERIA PRINCIPAL EM FLUXO DE VEICULOS

Map

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1

300 NW 27th Avenue Miami, FL 33125

2

15160 SW 136th Street Miami, FL 33196

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