Shopping Center Property For Sale - Calle Ocho Shopping Center

1101 SW 8th Street, Miami, FL, 33130

 
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Calle Ocho Shopping Center

 

1101 SW 8th Street

Miami, Florida 33130
County: Miami-Dade
 
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  For Sale Active  
Property Use Type:Investment
Type:Shopping Center
Strip Center
GLA:12,833 SF
Lot Size:13,900 SF
Occupancy:100.00%
Price:$1,799,999
Price/SF:$140.26
Cap Rate:6.00%
Year Built:1973
Date Last Verified:1/9/2009
Property ID:15309789
 
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 Additional Information 

Property Description:
Premium professional office and retail spaces. 2 story and 14 units including a restaurant/cafeteria with covered parking for tenants/customers. This building is a creation of instant access to the most prestigious locations, Downtown, Brickell, Miami Beach and Coral Gables, located in the heart of Little Havana. Great investment property and opportunity! Fantastic starting property with opportunity for growth.

Location Description:
Corner of 11th Avenue and SW 8th Street. Prime location with double the exposure!!! Building faces both 8th Street and 11th Ave. Truly a no headache property with a great potential!

No. Stories:2Commission Split:6%
Parking Ratio:1.5 / 1,000 SF
 Highlights 
Covered ParkingCorner Building faces 11th Ave and SW 8th Street
 
Great TenantsPotential Income increase
 
Building has been recently renovatedBrand New Elevator
  Financial Summary Actual  
Year:2008
Scheduled Gross Income:$183,732
Operating Expenses:$53,838
Net Operating Income:$129,894
 
  Major Tenant Information
Tenancy Type: Multiple
 
 
  Debt & Equity Information
No Debt & Equity Information Provided
8/28/2007
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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
 
 

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