Allapattah Small Bay Retail 2028-2042 NW 22nd Ave 10,920 SF Retail Building Miami, FL 33142 $3,495,000 ($320.05/SF) 7.09% Cap Rate

Current Capital is pleased to present the retail/industrial property located at 2028 - 2042 NW 22nd Ave, Miami, Florida. This unique investment opportunity in the heart of the Allapattah neighborhood.
Built in 1982 the property is comprised of a 10,920 leasable SQFT building (approximately) situated on a 19,140 square foot lot (approximately). Featuring 8 retail/flex bays. 4 of which are storefront and 4 featuring overheard door openings, built in 1982. 40 year certification accomplished in 2022.
Strategically located a mere 4 miles from Downtown Miami and 5 miles from the Port of Miami, the property benefits from excellent accessibility to major thoroughfares including I-95, Florida Turnpike, 836 and 112. Miami International Airport is 2.8 miles from your doorstep.
The Allapattah neighborhood boasts a diverse population and a thriving business community. With its central location and proximity to key commercial hubs, the property at 2028-2042 NW 22nd Ave is well-positioned to capitalize on the area's economic momentum.
The site's zoning and infrastructure support a variety of commercial uses, making it an attractive option for an owner user or investors seeking a versatile asset in a growing market.
Offered below replacement cost, this asset provides a unique opportunity in a desirable market. For more information or to schedule a viewing, please contact Current Capital at your earliest convenience.