1260 NW 29th St, Miami FL 33142,Miami,Miami-Dade County,Commercial Sale
Overview
- Mixed Use
- 1953
Description
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.
Address
Open on Google Maps- Address 29th St
- City Miami
- State/county Miami-Dade County
- Zip/Postal Code 33142
Details
Updated on June 1, 2025 at 2:40 am- Property ID: A11649189
- Price: $3,875,000
- Year Built: 1953
- Property Type: Mixed Use
- Property Status: Commercial Sale
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