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2615-2627 Biscayne Blvd
Miami, FL 33137
Downtown Miami Sherwin Williams Fee Simple NN · Retail Property For Sale
Property Facts
Property Type
Retail
Building Size
5,340 SF
Building Class
B
Year Built/Renovated
1941/2012
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.12 AC
Zoning
6405
Parking
6 Spaces (10 Spaces per 1,000 SF Leased)
About 2615-2627 BISCAYNE BLVD , MIAMI, FL 33137
The 3,900 square foot building benefits from its strategic corner location and visibility to the highly trafficked Biscayne Boulevard, one of the most desirable retail corridors in Miami Dade County. Sherwin Williams is operating with 3 years remaining on the base term and two options to extend for five years each. The lease is guaranteed by the Sherwin Williams Company, an investment grade tenant (S & P BBB), with over 4,694 locations. Neighboring tenants include Starbucks, McDonald's, Taco Bell, Pizza Hut, Papa Johns, Staples and Walgreens, among others. Current zoning (T6-36) and below market rents provide an investor with substantial upside if the tenant vacates.
Property Taxes
| Parcel Number | 01-3230-020-0350 | Improvements Assessment | $219,205 |
| Land Assessment | $2,136,000 | Total Assessment | $2,355,205 |
Property Taxes
Parcel Number
01-3230-020-0350
Land Assessment
$2,136,000
Improvements Assessment
$219,205
Total Assessment
$2,355,205
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