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Furniture 2 Go | 1050 N Miami Beach Blvd
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Furniture 2 Go 1050 N Miami Beach Blvd
4,423 SF Retail Building North Miami Beach, FL 33162 £2,137,745 (£483/SF) 6.25% Net Initial Yield
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INVESTMENT HIGHLIGHTS
- Rare Miami-Dade County Net Leased Investment Opportunity
- Average Base Rental Increase Over Remaining Term of Lease is Almost 7.00%
- Heavy Daily Traffic Count Over 57,000 Cars on North Miami Beach Boulevard (NW 163rd Street)
- Furniture 2 Go Recently Renewed Their Lease Showing Commitment to the Location
- Dense North Miami Beach Location with Over 200,000 People Living Within 3 Miles of Subject Property
- Surrounding National Tenants Include Publix, Walmart, Home Depot, Ross Dress For Less and Lowe's.
EXECUTIVE SUMMARY
Marcus & Millichap has been selected to exclusively market for sale Furniture 2 Go located at 1050 N Miami Beach Boulevard in North Miami Beach, Florida. The free-standing single tenant Furniture 2 Go consists of a 4,423 square foot building on a 10,387 square feet parcel. The Property is extremely well located along N Miami Beach Boulevard (SR 826), the area’s primary commercial corridor. Furniture 2 Go is adjacent to the signalized intersection of NE 10th Avenue and N Miami Beach Boulevard (SR 826) and enjoys outstanding visibility along the heavily travelled roadway. The central location and easy access has made North Miami Beach one of South Florida’s best known regional shopping areas and one of its most popular sites for businesses and office users.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,423 SF
Building Class
C
Year Built
1964
Price
£2,137,745
Price Per SF
£483
Net Initial Yield
6.25%
NOI
£133,609
Tenancy
Single
Number of Floors
1
Building FAR
0.42
Lot Size
0.24 AC
Zoning
6400 - Zoning District:
MU/IB-W: Mixed Use International Blvd.– Transition Sub-district
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Furniture 2 Go
- Retailer
- -
- -
- -
TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
Furniture 2 Go | Retailer | - | - | - |
Walk Score®
Very Walkable (86)
NEARBY MAJOR RETAILERS
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
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PROPERTY TAXES
Parcel Number | 07-2217-014-0020 | Improvements Assessment | £126,470 |
Land Assessment | £991,284 | Total Assessment | £1,117,754 |
PROPERTY TAXES
Parcel Number
07-2217-014-0020
Land Assessment
£991,284
Improvements Assessment
£126,470
Total Assessment
£1,117,754
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Furniture 2 Go | 1050 N Miami Beach Blvd
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