$3,950,000
BEDS
--
BATHS
--
SQFT
--
ACRES
0.39
MLS # A11649189, This listing is courtesy of Gridline Properties.
1260 Nw 29th St is a $3,950,000 home on a 0.39 acre lot located in Miami, FL.
Seller’s Description
Eceptional NNN lease opportunity in the vibrant Allapattah neighborhood (33142). The property includes two contiguous properties on two separate folios - 1260 and 1270 NW 29th Street - totaling 11,908 square feet on 16,845 square feet of land. Both properties recently underwent, extensive renovations and are under lease with a roster of stable, handpicked tenants supported by high-quality NNN lease agreements. Both properties occupy 116 feet of linear street-front exposure. providing multiple access and egress points. Zoned D1, this well-maintained property offers an attractive location within a rapidly growing area. Note: Current cap rate at asking price is 5.75. With the future rental of the 1,537 SF vacant space this property will perform at well above a 6% return.
Features
INTERIOR
EXTERIOR
| Parking Types | Shared Parking |
| Exterior Features | Office/Warehouse Combination Professional Mixed Use Corporation Sale Gas No Utilities Other Utilities Available Lease Considered |
| Land Type | Central Business District City Location |
| Water Source | Public |
| Sewer | Public Sanitation |
PROPERTY
| Property Type | Commercial Sale |
| Style | Free Standing |
| Year Built | 1953 |
| HOA Fee | $0.00 |
| Taxes | $25,660.00 |
| County | miami-dade county |
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