1260 NW 29th St, Miami FL 33142

What's special
Eceptional NNN lease opportunity in the vibrant Allapattah neighborhood (33142). The property includes two contiguous properties on two separate folios - 1260 and 1270 NW 29th Street - totaling 11,908 square feet on 16,845 square feet of land. Both properties recently underwent, extensive renovations and are under lease with a roster of stable, handpicked tenants supported by high-quality NNN lease agreements. Both properties occupy 116 feet of linear street-front exposure. providing multiple access and egress points. Zoned D1, this well-maintained property offers an attractive location within a rapidly growing area. Note: Current cap rate at asking price is 6.8% at full asking price. With terms acceptable to the seller a 7CAP may be achieved at closing
Facts & features
Interior
- Bedrooms:0
- Bathrooms:0
- Full bathrooms:
- 1/2 bathrooms:
- Total interior livable area:sqft
Property
- Garage spaces:
- Stories:
- Has private pool:Yes
- Has view:Yes
- Has water view:Yes
- Size:Acres
- Zoning:7000
Construction
- New construction:NoYes
- Year built:1953
Utilities & green energy
- Sewer:Public Sanitation
- Water:Public
Community
Financial & listing details
- Price per square foot:0
- Annual tax amount:
- Date on market:June 22, 2024
Mortgage calculator
Calculations are provisional. For a final offer, seek personal advice.
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