North Miami Retail Building 13700 NE 11th Ave

Investment Highlights

40-Year Certification Value Enhancement - Unleash the property?s full potential through savvy lease optimization Surrounded by an array of forthcoming development projects Ample 49 parking spots Prime Visibility ? W Dixie Hwy High Traffic Exposure - 18,900 vehicles per day

Executive Summary

Apex Capital Realty is thrilled to offer a remarkable opportunity to acquire The Town Center, an impressive free-standing two-story retail building nestled in the heart of North Miami. This prestigious property features 21 units, accommodating various businesses, including restaurants, medical facilities, beauty establishments, and dry retail stores. It comprises a 16,448 sq. ft. structure and is positioned on a sprawling 25,179 sq. ft. lot.

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Freestanding Freestanding General Retail Restaurant Office Medical Freestanding
• Building Size    16,448
• Building Class    C
• Year Built    1988
• Price    4,200,000
• Price Per SF    255
• Cap Rate    7.50
• NOI    315,000
• Percent Leased    100
• Tenancy    Multiple
• Building Height    2 Stories
• Building FAR    0.65
• Land Acres    0.58 AC