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MUV - Miami FL 9711 SW 77th Ave 3,481 SF Retail Building Miami, FL 33156 $3,350,000 ($962.37/SF) 7.25% Cap Rate
INVESTMENT HIGHLIGHTS
- MÜV is located in a dense, infill Miami trade area with long-term viability in the underlying real estate
- Just South of the Dadeland Mall, a super-regional mall that ranks in the top 74% (142 out of 546) of all nationwide super-regional malls according to
- The site is ideally located off Pinecrest Pkwy (97,000 VPD) and Palmetto Expy (101,000 VPD), allowing users to benefit from on/off ramp access to the
- The Publix just to the North ranks in the top 95% (62 out of 1,320) of all nationwide Publix locations and in the top 95% (2,519 out of 51,428) of all
EXECUTIVE SUMMARY
Long-Term Viability in the Real Estate | Palmetto Expy (101,000 VPD) & Pinecrest Pkwy (97,000 VPD)
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,481 SF
Building Class
B
Year Built/Renovated
1971/2022
Price
$3,350,000
Price Per SF
$962.37
Cap Rate
7.25%
NOI
$242,910
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.22 AC
Zoning
BU-1 - Community Business District
Frontage
63’ on SW 77th Ave
AMENITIES
- 24 Hour Access
- Fenced Lot
- Freeway Visibility
- Pylon Sign
- Security System
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 30-5002-034-0020 | Improvements Assessment | $1,000 |
| Land Assessment | $940,100 | Total Assessment | $941,100 |
PROPERTY TAXES
Parcel Number
30-5002-034-0020
Land Assessment
$940,100
Improvements Assessment
$1,000
Total Assessment
$941,100
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MUV - Miami FL | 9711 SW 77th Ave
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