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  • 260 Crandon Blvd #C40
  • $1,370,000
  • Key Biscayne, FL 33149
  • Sq.Ft.
Or Call 305.532.7368 Main

260 Crandon Blvd #C40, Key Biscayne, FL 33149

Retail, Sq.Ft.

PRIME Investment Opportunity. Fully NNN(tenant reimburses for all expenses) - NOI $76,441 - 5.58% Cap - 4% Annual Increases - Unit in main plaza of Shopping Center. Rented to Narbona, a highly successful restaurant/market with other locations in the city. Shopping center located in an affluent Zip Code with a captive client base. Tenant occupies 4 units in the plaza and has recently expanded into this unit. Lease has 5 years remaining with another 5 year renewal option. High foot traffic, other tenants include Bank of America and First Horizon among other successful restaurants, salons and retailers. Shopping center is on Crandon Blvd, the main road in Key Biscayne. Unit has 1,044 sq ft.

Listing Summary
  • City: Key Biscayne
  • Zip: 33149
  • Price: $1,370,000
  • County: Miami-Dade County
  • Subdivision:
  • Complex:
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  • Property Type: Commercial Sale
  • Property Type Description: Retail
  • Status: Active
  • Square Feet:
  • Year Built: 1981
  • Taxes: $12,773
  • Short Sale:
  • MLS® #: A11550603
School Information
Elementary School Middle School High School
Additional Features
  • Waterfront: No
  • Waterfront Description:
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  • Pets Allowed?: No
  • Pet Restrictions:
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The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A11550603) is provided courtesy of (Great Properties International LLC). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated on 05-21-2024. IDX powered by Realty Net Media

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