Description
Opportunity in the heart of the high-demand Wynwood market. The value-add building presents a rare and unique opportunity to own a high-quality investment in one of the most popular districts Miami has to offer. Zoned T5-O, and encompassed within the NRD-1 overlay, this property carries future development potential up to eight (8) stories. The property is being sold at a current 5% CAP rate with an Internationally recognized AAA rated tenant. Between the dynamic location, the opportunity to own a highly coveted piece of real estate with a Class-A tenant with great income, and the plethora of allowable uses this building presents unparalleled cashflow opportunities.
School Ratings & Info
Description
Opportunity in the heart of the high-demand Wynwood market. The value-add building presents a rare and unique opportunity to own a high-quality investment in one of the most popular districts Miami has to offer. Zoned T5-O, and encompassed within the NRD-1 overlay, this property carries future development potential up to eight (8) stories. The property is being sold at a current 5% CAP rate with an Internationally recognized AAA rated tenant. Between the dynamic location, the opportunity to own a highly coveted piece of real estate with a Class-A tenant with great income, and the plethora of allowable uses this building presents unparalleled cashflow opportunities.
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