647 NE 79th St, Miami FL 33138
Beds
Baths
SQFT 0
Garage
88 Years Built
Home Details
An opportunity to acquire a mixed-use (retail/office) property in the up and coming 79 St Corridor in Miami's Upper Eastside. The property is stabilized and fully occupied with solid local tenant's ranging from pet grooming services, health and fitness gym, beauty and wellness studio, and professional offices. The property has a value add component;there is a number of leases coming due by year's end that shall be increased to market rate and an activation of the building rooftop for additional income. The property is on the North portion of 79 St on the way to North Bay Village and Miami Beach. *Value Add: Increase Rents on Expiring Leases *Activate Rooftop for Additional Income *On Site Gated Parking *Over 33,000 +/- Vehicles Per Day *Micro Spaces allow for Higher Rental Rates
Other Interior Features
General
Neighbourhood
Location
An opportunity to acquire a mixed-use (retail/office) property in the up and coming 79 St Corridor in Miami's Upper Eastside. The property is stabilized and fully occupied with solid local tenant's ranging from pet grooming services, health and fitness gym, beauty and wellness studio, and professional offices. The property has a value add component;there is a number of leases coming due by year's end that shall be increased to market rate and an activation of the building rooftop for additional income. The property is on the North portion of 79 St on the way to North Bay Village and Miami Beach. *Value Add: Increase Rents on Expiring Leases *Activate Rooftop for Additional Income *On Site Gated Parking *Over 33,000 +/- Vehicles Per Day *Micro Spaces allow for Higher Rental Rates