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1260 NW 29th St
Miami, FL 33142
$3,950,000
Active
20+
$3,950,000
Active
Bedrooms
Bathrooms
N/A
Half Baths
 
Size Sq. Ft.
39
DOM
1260 NW 29th St Miami, FL 33142
Beds, Baths, Mixed Use Sq.Ft.

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.

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Listing Summary
  • Address 1260 NW 29th St
  • City Miami
  • County Miami-Dade
  • Zip 33142
  • Price $3,950,000
  • Status Active
  • Subdivision
  • Pets Allowed No
  • MLS® # A11649189
  • Property Type Commercial Sale
  • Property Sub TypeMixed Use
  • Status Active
  • Square Feet
  • Year Built 1953
  • Waterfront No
  • Maintenance Fees No Info Provided
  • Taxes $25,660
  • Tax Year
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1260 NW 29th St
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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 (A11649189) is provided courtesy of (Gridline Properties). 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 11-26-2024. IDX powered by Realty Net Media
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