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Bank Condos For Sale • 1,044+ SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit A51 | Retail | 1,109 SF | $1,990,000 USD | |
DescriptionPrime corner NNN retail unit located at The Square Shopping Center. Highly desirable end-cap space in an ideal location with great accessibility, ingress, and egress. This high visible space is located at the entrance of a shopping center with high foot traffic. Other tenants include restaurants, retailers, salons, and offices. Shopping center is located on Crandon Blvd, the main road in Key Biscayne. Sale NotesUnique investment opportunity featuring one of only two end-cap spaces at The Square of Key Biscayne. All income and expense information is presented on a pro forma basis and is based on estimated market assumptions. |
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| 1st Floor - Unit C-14 | Retail | 1,044 SF | $1,450,000 USD | |
DescriptionThe Square at Key Biscayne is a contemporary retail shopping center in a strategic location within Key Biscayne, featuring covered walkways, ample parking, and outdoor seating. Offered as a NNN investment with no landlord responsibilities. Tenant reimburses for all expenses. Sale NotesWell located retail unit The Square of Key Biscayne, secured by a NNN lease with a successful and well-known restaurant. Attractive investment opportunity for investors looking for consistent cash flow with minimal landlord responsibilities. |
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| 1st Floor - Unit C40 | Retail | 1,044 SF | $1,450,000 USD | |
DescriptionThe Square at Key Biscayne is a contemporary retail shopping center in a strategic location within Key Biscayne, featuring covered walkways, ample parking, and outdoor seating. Offered as a NNN investment with no landlord responsibilities. Tenant reimburses for all expenses. Sale NotesWell located retail unit The Square of Key Biscayne, secured by a NNN lease with a successful and well-known cafe & gelateria. Attractive investment opportunity for investors looking for consistent cash flow with minimal landlord responsibilities. |
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Attractive investment opportunity at The Square of Key Biscayne, secured by a NNN lease with a well-known cafe/gelateria. The Square of Key Biscayne is an established open-air shopping center strategically located at 260 Crandon Boulevard, the island’s primary commercial corridor. The center features approximately 55 commercial units and a diverse mix of restaurants, specialty retailers, boutiques, salons, medical providers, professional offices, and other neighborhood-serving businesses. Its central location, convenient customer parking, and direct access from Crandon Boulevard make The Square a well-known and frequently visited destination for Key Biscayne residents and visitors. The center benefits from its location within an affluent, highly desirable island community with limited commercial real estate inventory.
| NNN-leased retail at The Square of Key Biscayne, leased to a successful cafe/gelato offering consistent cash flow with minimal owner responsibilities |
| Convenient direct access from Crandon Boulevard, Key Biscayne’s primary commercial corridor. |
| Located within an affluent and highly exclusive island community with strong demographics and purchasing power. |
| Ideal opportunity for an investor or owner-user, including professional office, financial institution, or bank use. |
| Cap Rate: | 5.70 % |
| Total Expenses: | $22,872 USD |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Ashton Real Estate, Inc. | ||
| Bank of America | 12/5/2017 | |
| Freddo Gelato | 4/8/2035 | |
| Health Mart Pharmacy | ||
| Jerome Hernandez | ||
| Just A Sec Inc | ||
| Magellan International Mortgage Co | ||
| Nahuen | ||
| Narbona Key Biscayne | ||
| Pilates Center By Bernadette |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Vizcaya (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) | 13 min | - | 6.8 mi |
| Brickell (Metrorail) (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) | 15 min | - | 7.9 mi |
| Airport | Drive | Walk | Distance |
| Miami International | 36 min | - | 19.3 mi |
| Fort Lauderdale/Hollywood International | 47 min | - | 31.0 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 13 |
| Type: | Surface |
| Included in Rent: | Yes |
Fernando Echeverri, P.A., CCIM
Great Properties International LLC
Fernando Echeverri, P.A., CCIM
Great Properties International LLC