14227-14229 S Dixie Hwy

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14227-14229 S Dixie Hwy

Miami, FL 33176
Asking Price
$2.25M
Cap Rate
4.25%
Asset Type
Storefront Retail
Class
Class B

What's Special

Occupy 2,500 SF Immediately | Retail Storefront + Rear Automotive Bays <p>​First time on the market in 40+ years</p><ul><li>​Long-term ownership</li><li>​Rare South Miami retail offering</li></ul><p>Established Tenant Base</p><ul><li>​Miami Wheels, Clippers Barber Shop & Freeway Insurance</li><li>​All tenants operating at the property for 30+ years</li><li>​Proven occupancy history</li></ul><p>Owner-user Opportunity</p><ul><li>​Miami Wheels occupies approximately 50% of the building</li><li>​Month-to-month lease</li><li>​Immediate occupancy potential</li></ul><p>Va

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NOI
$80,000
Cap Rate
3.56%
DSCR
0.60
Underwater
Cash-on-Cash
-7.94%
Monthly Payment
$11,131.772
Annual Cash Flow
$-53,581.268

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