530 Ocean Dr, Miami Beach, FL 33139

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Building Details:

530 Ocean Dr is located in Miami Beach, FL.

RARE OPPORTUNITY TO AQUIRE A NNN INVESTMENT PROPERTY ON OCEAN DRIVE. LEASED TO A SUCCESSFUL RESTAURANT GROUP.

SALE INCLUDES AN EXTENSIVE LIST OF LEASEHOLD IMPROVEMENTS. LANDLORD SPENT APROXIMATELY 1.8M IN FACILITY.

LEASE TERM: INITIAL 7 YEARS WITH (1) FIVE YEAR OPTION. $20,000 P/M + NNN W/ ANNUAL INCREASES AND PERCENTAGE (%) RENT.

LOCATED ON 5TH AND OCEAN DRIVE.