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475 Le Jeune Rd

6,006 SF 100% Leased Retail Building Miami, FL 33126 £3,677,515 (£612/SF) 7.28% Net Initial Yield

Investment Highlights

  • Redevelopment Opportunity Zoned T6-8
  • Potential for high return on investment
  • Prime location in the thriving Miami area
  • Easy access to transportation and major thoroughfares
  • Attractive investment opportunity in a sought-after location

Executive Summary

Located in the thriving Miami area, this exceptional property offers an unparalleled investment opportunity for a covered land play for Land / Multifamily investors or NNN Lease Investment. This commercial building office/ retail/ shopping center listing with frontage on 475 Le Jeune Road aka NW 42 Avenue. Boasting a prime location, this property provides convenient access to the city's vibrant attractions such as the upcoming Inter Miami Stadium, Miami International Airport, Coral Gables Downtown. With its strategic positioning on a major corridor, this property presents a unique opportunity for investors to capitalize on the high-demand market of the Miami area. The property is +/-6,006 SF on +/-18,270 SF lot. The property is divisible in 3-4 units from 1,169 SF. Zoned T-6-8

Attachments

Sale Proposal Brochure

Property Facts

Sale Type
Investment
Sale Condition
Development Sale
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,006 SF
Year Built
1969
Price
£3,677,515
Price Per SF
£612
Net Initial Yield
7.28%
NOI
£267,598
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.33
Land Acres
0.42 AC
Zoning
T6-8 - Commercial / Rezoned for T6-8.
Parking
2 Spaces per 1,000 SF Leased
Frontage
203 ft on Le Jeune Road

Amenities

  • Signage

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Miami Auto Wholesale
  • Retailer
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Miami Auto Wholesale Retailer - - -

Links

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Walk Score ®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

IHOP
Checkers
Bank of America
Starbucks
Boston Market
Regions Bank
Presidente Supermarket
Sedano's Supermarkets
Publix
First Horizon Bank

PROPERTY TAXES

Parcel Number 01-4105-008-1380 Improvements Assessment £0
Land Assessment £0 Total Assessment £1,534,358

PROPERTY TAXES

Parcel Number
01-4105-008-1380
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,534,358
(786) 597-0446

  • Listing ID: 32337854

  • Date on Market: 03/07/2024

  • Last Updated:

  • Address: 475 Le Jeune Rd, Miami, FL 33126

The Retail Property at 475 Le Jeune Rd, Miami, FL 33126 is currently available For Sale. Contact Kaizen Realty Partners for more information.

Nearby Listings

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© 2024 CoStar Group

475 Le Jeune Rd
(786) 597-0446 x

475 Le Jeune Rd

Dante Aleman

(786) 597-0446

(786) 597-0446

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