Property Details
For Sale: Multi-Tenant Income-Producing Center in Little Havana
Colliers International is pleased to present the opportunity to acquire a multi-tenant income producing retail center in Little Havana, Florida. The subject property has significantly under market rents due to the fact that annual rent increases have not been consistently implemented and therefore there is a strong value add component. Little Havana is an up-and-coming Miami neighborhood with many new developments and gentrification is underway. The area has seen strong office/medical fundamentals, low vacancy rates and steady rent growth.
Fully occupied by multiple tenants
Positioned in historic and growing area and steps from Marlins Park
Proximity to major highways & Downtown Miami
Opportunity to reap the benefits of under market rents
Minimal landlord responsibilities
Suited for various uses Including medical, office and retail
Great 1031 exchange property
Owner-user friendly
Covered Land: Significantly sized lot with development potential
- Property TypeRetail
- Submarket
- Total Acres0.62
- ZoningT6-8-O
- Property ID2117133
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