25 SW 9th St CU-6, Miami, FL 33130

CURRENT CAP RATE 5.1%

REAL ESTATE PROPERTY IS FOR SALE NOT THE BUSINESS
Current Tenant: Pre-school
Property: Commercial full floor across Brickell City Centre Complex Mall
Location: 25 SW 9th Unit:4th floor, Miami, FL 33130 (Heart of Brickell Financial District)
SqFt: 7,279 (floor plan attached)
Contract length: 4 years on current tenant and 16 years left on the contract

ROUND UPS NOI: 2022 $300,00 / 2023 309,000 / 2024 $318,000 / 2025 $328,000 / 2025 $338,000 / 2026 $348,000 and following year 11 onward a 3% adjustment yearly
TENAT COVERS ALL EXPENSES: Insurance / Property Tax / Condominium Maintenance

Neighboor tenants: APPLE STORE/ SACKS FIFTH AVENUE/ SEPHORA / CAPITAL ONE / EQUINOX / CHIPOTLE / PF CHANG’S / BURGER KING / SLS HOTEL