1428-1438 Alton Rd | Miami Beach, FL 33139
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1428-1438 Alton Rd
Miami Beach, FL 33139
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Rare Miami Beach Medical Marijuana Dispensary
- NNN Lease With 5% Annual Increases-Hedging Against Inflation
- High Barrier of Entry Market and Cannabis Dispensary Use-Location Has Intrinsic Value as All Sites on Miami Beach are Taken
- Building Completely Renovated by the Tenant Showing Strong Commitment to the Location
- Oversized Corner Lot With Plenty of Parking and Future Development Potential
- 250 Ft Linear Feet of Frontage on Alton Road and 14th Court
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,038 SF
Building Class
B
Year Built
1940
Percent Leased
72%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.48
Lot Size
0.34 AC
Zoning
CD-2 - Commercial Development
Parking
18 Spaces (2.45 Spaces per 1,000 SF Leased)
Frontage
124’ on Alton Rd
PROPERTY TAXES
| Parcel Number | 02-3234-018-0700 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $4,658,500 |
PROPERTY TAXES
Parcel Number
02-3234-018-0700
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,658,500
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