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6248 Miramar Pky
Miramar, FL 33023
Retail Property For Sale
Investment Highlights
- Current 7.4% CAP with Single Tenant in place at 4% annual rent increase - Keep tenant and increase CAP to over 9%!
- Zoned ML for mixed use - tons of future potential.
- Renovated building - easy to maintain & manage.
- Located on main road Miramar Parkway with tons of exposure.
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,880 SF
Building Class
C
Year Built
1959
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.31 AC
Zoning
ML - Mixed Use- medical, office,
Parking
28 Spaces (9.72 Spaces per 1,000 SF Leased)
Frontage
90’ on Miramar Pky
Amenities
- Bus Line
- Signage
- Air Conditioning
About 6248 MIRAMAR PKY , MIRAMAR, FL 33023
This freestanding, nearly 3,000 SqFt commercial building sits on a large 13,430 SqFt lot, receiving tons of exposure on busy thoroughfare Miramar Parkway close to 441, Turnpike & I-95: almost 40,000 daily average car count! There is a Single Tenant in place (Church) paying $81,000 annual income w/ 4% increase each year per Lease. The building is fully renovated- Easy to maintain & manage! Tenant pays all utilities! Immediate 7.4% CAP w/ growth per lease. Generous “ML” zoning allows for Mixed-Use: lots of future potential! A new buyer can either keep tenant in place, make further improvements for Value-Add for increased rent after lease, or redevelop! Lots of parking. Priced to sell! DO NOT DISTURB TENANT.
Property Taxes
| Parcel Number | 51-41-25-04-1830 | Improvements Assessment | $289,370 |
| Land Assessment | $147,730 | Total Assessment | $437,100 |
Property Taxes
Parcel Number
51-41-25-04-1830
Land Assessment
$147,730
Improvements Assessment
$289,370
Total Assessment
$437,100
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