Price $9,700,000.00
Listing ID A11916839
Status For Sale
Address
Map
854 N Krome Ave, Homestead FL 33030
Area Homestead
Beds
Baths
Square Ft 16,728
Lot Size 0
Year Built 1973
Taxes $48,370

Description

ATTENTION INVESTORS / CONTRACTORS! 24 units, value-add opportunity: a Triple Net Lease shopping center with an impressive 9% Cap rate BEFORE any value-add! Perfect for owners & landlords. Krome Ave has become the vibrant commercial retail hub of Homestead, prime location bordering Florida City, offering lucrative prospects for discerning investors. Spanning an expansive 15,168 SFT of building space and situated on almost 1 acre (over 38,636 SFT) of land, its strategic positioning sets it apart, promising substantial returns for years to come. ALWAYS fully occupied, B-1 zoning allows for a diverse tenant mix. Rental rates currently below market value, endless opportunities! DO NOT DISTURB TENANTS! Financials are in the pics. Tenants pay taxes, insurance & maintenance!! #goldmine


Features

  • Cooling
  • Heating
  • Fireplace
  • View
  • Waterfront
  • Garage
  • Association

Map Location

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