150 SE 2nd Ave # 103, Miami FL 33131
Miami, FL 33131
$2,400,000
1 / 22
- Price
- $2,400,000
- Building size
- 3,492
- Property type
- Retail
- Year built
- 1967
- Lot size (sq ft)
- 4,792
- MLS number
- A11724448
This listing is courtesy of Synergy Realty Advisors, 305-297-3557.
About this property
Presenting 150 SE 2nd Ave, Suite 103, a prime retail investment in Downtown Miami's prestigious Chase Building. This 3,492 SF high-visibility property is leased by USPS, a federally backed tenant, ensuring stable cash flow and long-term security. USPS occupies 2,000 SF under a partial NNN lease with an 8% rent increase at each 5-year renewal. The remaining 1,492 SF is leased as storage to different tenants of the building, generating additional income. One of only four retail spaces on the first floor, the property benefits from heavy foot traffic, dense commercial and residential growth, and proximity to major transit hubs. With a secure tenant, prime location, and rent escalations, this is a high-demand, low-risk investment in one of Miami’s fastest-growing markets.
Details
- Property type
- Retail
- Year built
- 1967
- Lot size (sq ft)
- 4,792
Location
Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.
Newmar Brokerage, LLC