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Cutler Bay Towne Center, a Turn-Key Retail Commercial Real Estate in Miami Florida
Review TREC's Featured turn-key retail commercial real estate properties. We offer high quality fractional ownership investment of 100% leased real estate to those looking to take advantage of IRS Section 1031 tax-deferred exchanges.
Quick Facts
Purchase Price:
$30,547,948
Minimum Purchase:
$400,000
Projected
Cash-On-Cash Return:
7.02%
Property Description

Cutler Bay Towne Center is a recently re-developed turnkey retail, shopping center located in Miami, Florida. The 103,566-SF center 100% leased through 2015 to Office Depot, 24 Hour Fitness, K&G Fashion Superstore, Home KO, and Party City. In addition to the strong tenant mix, the commercial property is ideally located in one of Miami’s major retail sectors and fastest-growing areas of residential development. It is shadow-anchored by Publix Supermarket and benefits from being located across the street to the 986,760-SF Southland Mall, the only enclosed regional mall servicing South Miami-Dade County. The building recently underwent an extensive re-development including a new roof, updated façade and light fixtures. Cutler Bay Towne Center offers stable cash flow, little ongoing maintenance and, attractive appreciation potential.

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