STATUS: ACTIVE,
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YEAR BUILT: 1997, MLS #: A10541209, TAX YEAR: 2017
Please email for Offering MemorandumLombardi Properties is pleased to present the opportunity to acquire 2055 SW 8 Street (2055 or the Property), a 7,272-square foot retail center on a 20,250-square foot site in the heart of Little Havana in Miami, Florida. 2055s owners recently signed leases with Sanguich, a contemporary Cuban sandwich concept and Sprint Corporate. The Property is currently 100% leased to seven tenants, 55% being legacy tenants providing substantial rental upside, with expiring leases over the next several years. Through this opportunity 2055 should achieve a 12% growth in NOI by year 3 and 32% growth in NOI by year 5.
AMENITIES: LICENSED OWNER, LOT SIZE BETWEEN 1/4 AND 1/2 ACRE,
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