Miami, FL 33142 1260 NW 29th St
$3,950,000
15 more
Presented By: This listing is courtesy of Gridline Properties;
SQFT • 11,908
Home Details
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 5.75. With the future rental of the 1,537 SF vacant space this property will perform at well above a 6% return.
Presented By: This listing is courtesy of Gridline Properties;
Interior Features for 1260 NW 29th St
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
General for 1260 NW 29th St
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityMiami
CountyMiami-Dade
Electric On Property Y/NNo
FULLCorporation
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lease TypeNnn
Legal Description26 53 41 WEST END PK AMD PL PB 6-142 W19FT LOT 14 & ALL LOTS 15 & 16 BLK 9 LOT SIZE 67.500 X 145 OR 21106-3094 0203 1
Lot Size Square Feet16845.0
Lot Size UnitsSquareFeet
MLS Area31
MobileHomeRemainsYNNo
New ConstructionNo
NumberOfUnitsTotal6
Occupancy TypeTenant
Ok to LeaseThirtySixMonths
PostalCityMiami
Property Attached Y/NNo
Property SubtypeMixedUse
Property TypeCommercialSale
Rent Control Y/NNo
Security FeaturesWindowBars
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Structure TypeOffice, Warehouse
Tax Annual Amount25660.0
Virtual TourClick here
Waterfront Y/NNo
Year Built1953
Zoning Description7000
Exterior for 1260 NW 29th St
Building Area Total11908.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions116
Lot Size Area16845.0
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesCommon
Private PoolNo
SpaNo
Total Parking10.0
Water SourcePublic
Additional Details
Price History
Diana Fahmie
Realtor
