19401 27Th AveMiami Gardens, FL 33056
- Retail properties
- 13,950 SF
Property Details for 19401 27Th Ave
- Year built
- 2017
- Construction
- CONCRETE
- Lot size
- 1.66 AC
- Property size (Sq ft)
- 13,950 SF
- Zone code
- 6500:COMMERCIAL,CLASSIF
- Property type
- Retail properties
- Property subtype
- Outlet malls
- APN
- 34-2103-031-0020
- APU
- 3421030310020
Description
This exceptional Class A retail space, located in the thriving Miami Gardens market, offers 13,950 square feet in a single-tenant anchored shopping center. The property boasts 1,747 square feet of immediately available space within a larger 13,950 square foot building. The previous tenant initiated improvements, leaving behind brand new grease traps which can be utilized or removed by the new occupant. This prime location benefits from excellent visibility from the street and easy access to major highways. The property is situated in a high-traffic area with strong neighboring tenants including Starbucks, Walmart, Metro PCS/T-Mobile, and Tropical Smoothie, and enjoys proximity to Hard Rock Stadium. The building features ample parking for customers and employees. The zoning is designated as 6500. The property's APN is 34-21-03-031-0020. The lease terms include a base rent of $35 per square foot per year and a CAM charge of $15.70 per square foot per year. This is a rare opportunity to secure a well-located, high-visibility retail space in a rapidly growing area. The property consists of one building, one story, and a total of one suite.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $5,516,328
- 6.5%
- $5,091,996
- 7%
- $4,728,282
-
Comparable approach
- Method
- Valuation
- Relative Method
- $4,958,120
- Geo Method
- $4,958,120
-
Alternative Use
- Use
- Valuation
- Residential
- $4,295,289
- Hospitality
- $3,934,462
- Educational
- $3,273,426
- Medical
- $3,386,004
- Retail
- $5,091,996
Location Insight
- City
- Miami Gardens
- County
- Miami-dade
- State
- Florida
- Latitude
- 25.9511
- Longitude
- -80.2452
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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