600 & 650 NE 22nd Terrace

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600 & 650 NE 22nd Terrace

Homestead, FL 33033
Asking Price
Contact for price
Asset Type
Executive Office Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property spans 81,977 square feet of total floor area
  • This asset is classified as retail with executive office space
  • Located at 600 and 650 NE 22nd Terrace in Homestead
  • The site sits within a growing Florida regional submarket
  • Features include versatile space for professional or retail tenants

What's Special

Homestead serves as a strategic gateway in the southern portion of the Miami metropolitan area, benefiting from steady population growth and increasing commercial activity. This 81,977-square-foot retail and executive office asset at 600 & 650 NE 22nd Terrace represents a functional footprint within this expanding submarket. The property provides a versatile layout suitable for a diverse range of business operations including professional service firms, regional corporate headquarters, or destination retail tenants looking to capture the local customer base. Well-positioned for investors or owner-users, the facility offers substantial space for those seeking to establish a long-term presence in a market marked by regional infrastructure improvements. The building design accommodates professional requirements for modern executive offices while maintaining the visibility and accessibility necessary for retail enterprises. Prospective buyers can leverage this size and configuration to support administrative functions, client-facing services, or a blend of retail and office activities to maximize operational efficiency.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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