4000 Sw 57th Ave, South Miami, FL 33155

$16,500,000

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List Price
$16,500,000
MLS#
A12067016
Status
ACTIVE
Type
Commercial

Property Description

• 15,115 SF fully leased, multi-tenant retail center, renovated in 2023 • Triple-net lease structure with staggered expirations and built-in annual rent bumps • Signature tenant CalaMillor, a celebrated Spanish restaurant and bakery concept, anchors the center $221,000 Average household income in a 1-mile radius •70,000+ vehicles per day Location Features • Positioned in a highly walkable, transit-friendly corridos within Coral Gables’ urban core • Two miles to Metrorail access, one mile to University of Miami • 458,000 population in a 5-mile radius • Hard-corner signalized intersection at SW 40th St (Bird Rd) and SW 57th Ave (Red Rd) • Less than a mile from the University of Miami’s campus

Additional Information

Days on Market
35
Parcel Number
09-40-24-006-0050
Lot Size
22,550
Address
4000 Sw 57th Ave, South Miami
Year Built
1946
Section
24

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Calculator source: Real Geeks

Listing Courtesy of E. L. S. Realty Corp., Contact: