Krome Plaza 854 N Krome Ave, Homestead, Miami-Dade County, FL, 33030

$9,000,000
$9,000,000

Overview

Discover 24 Units of Potential Excellence: This Triple Net Lease shopping center is not just a property; it’s a canvas for your investment dreams. With 24 units awaiting transformation, you hold the key to unlocking their full value potential.

💰 An Impressive 8.3% Cap Rate Awaits: Imagine starting with a robust 8.3% Cap rate even before implementing any value-added strategies! Your journey toward lucrative returns begins here.

📍 Prime Location in the Heart of Homestead: Nestled on vibrant Krome Ave, this commercial gem is strategically positioned to harness the bustling energy of Homestead. With Florida City just a stone’s throw away, your investment stands at the crossroads of opportunity.

📈 Endless Opportunities for Growth: Spanning an expansive 15,168 square feet of building space and boasting nearly 1 acre of land, this property isn’t just promising returns; it’s promising a legacy. Its B-1 zoning offers flexibility for a diverse tenant mix, ensuring a steady stream of income for years to come.

🔒 Always Fully Occupied, Always Lucrative: With a track record of full occupancy, your investment is safeguarded against uncertainties. And with tenants responsible for taxes, insurance, and maintenance, your journey toward financial freedom is paved with stability.

🌟 Act Now, but Respectfully: While this opportunity beckons, it’s crucial to remember: Do Not Disturb Tenants! The path to success begins with respect.

📊 Financials Speak Louder Than Words: Dive into the numbers and witness the potential waiting to be unleashed. The journey towards financial prosperity starts with a single glance.

🔑 Seize Your Moment: With rental rates currently below market value, the potential for growth knows no bounds. The time to act is now. Seize the opportunity, and let your investment story unfold.

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Details

  • Property ID:
    A11562813
  • Lot area (sqft):
    38636 sqft
  • Building area (sqft)::
    15168 sqft
  • Price ($):
    $9,000,000
  • Year built:
    1973
  • Cap Rate:
    8.30%
  • Portfolio: 24 units