2814 NW 17 AVE, Miami, FL 33142

RETAIL FOR SALE

PROPERTY OVERVIEWRetail Property For Sale. Located on one of the busiest corners inAllapattah. NW 17th ave is a main channel of communication thatconnects Allapattah's busiest commercial, retail, industrial andresidential areas. This can be purchased with 2828 NW 17th avewhich is contiguous to the North and is asking $1,300,000.

PROPERTY FEATURESGreat retail location!

Centrally Located

1.5 miles West of Wynwood.

Fronting NW 17 AVE

Established Accountant/Income Tax Consultants

Second tenant in 980 SF warehouse in the rear

Main Tenant would like to leave once property is sold.$2,500/month rent is pro forma based on market rents in thearea.

SALE PRICE: $1,000,000

CAP RATE: 3.57%

NOI: $35,681

LOT SIZE: 0.17 Acres

BUILDING SIZE: 2,272 SF

YEAR BUILT: 1940

MARKET: South Florida

ZONING: T6-8 O

SUB MARKET: Allapattah

KW COMMERCIAL11420 N. Kendall Dr.,Ste. 207Miami, FL 33176

www.kwcommercial.com

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

JORGE FERNANDEZ-PLA, CCIM, MBADirector- Commercial Sales & Investments0 786.433.2939C 786.433.2939info@icmgroup.usFL #3220032

2814 NW 17 AVE, Miami, FL 33142

2814 NW 17 AVE

RETAIL FOR SALE

TENANTNAME

UNITSIZE (SF)

MARKETRENT

ANNUALRENT

PRICEPER SF/YR

Tenant 1 980 $14,400 $14.69

Tenant 2 1,292 $30,000 $23.22

TOTALS/AVERAGES 2,272 $0 $44,400 $19.54

KW COMMERCIAL11420 N. Kendall Dr.,Ste. 207Miami, FL 33176

www.kwcommercial.com

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

JORGE FERNANDEZ-PLA, CCIM, MBADirector- Commercial Sales & Investments0 786.433.2939C 786.433.2939info@icmgroup.usFL #3220032

INCOME SUMMARY PER SF

Tenant 1 $14,400 $6.34

Tenant 2 $30,000 $13.20

GROSS INCOME $44,400 $19.54

EXPENSE SUMMARY PER SF

Utilities $2,400 $1.06

Taxes $3,636 $1.60

Insurance $2,682 $1.18

GROSS EXPENSES $8,718 $3.84

NET OPERATING INCOME $35,681 $15.70

2814 NW 17 AVE, Miami, FL 33142

2814 NW 17 AVE

RETAIL FOR SALE

KW COMMERCIAL11420 N. Kendall Dr.,Ste. 207Miami, FL 33176

www.kwcommercial.com

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

JORGE FERNANDEZ-PLA, CCIM, MBADirector- Commercial Sales & Investments0 786.433.2939C 786.433.2939info@icmgroup.usFL #3220032

INVESTMENT OVERVIEW

Price $1,000,000

Price per SF $440.14

CAP Rate 3.6%

Cash-on-Cash Return (yr 1) 3.57 %

Total Return (yr 1) $35,681

OPERATING DATA

Gross Income $44,400

Operating Expenses $8,718

Net Operating Income $35,681

Pre-Tax Cash Flow $35,681

2814 NW 17 AVE, Miami, FL 33142

2814 NW 17 AVE

RETAIL FOR SALE

KW COMMERCIAL11420 N. Kendall Dr.,Ste. 207Miami, FL 33176

www.kwcommercial.com

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

JORGE FERNANDEZ-PLA, CCIM, MBADirector- Commercial Sales & Investments0 786.433.2939C 786.433.2939info@icmgroup.usFL #3220032

KW COMMERCIAL11420 N. Kendall Dr.,Ste. 207Miami, FL 33176

www.kwcommercial.com

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

JORGE FERNANDEZ-PLA, CCIM, MBADirector- Commercial Sales & Investments0 786.433.2939C 786.433.2939info@icmgroup.usFL #3220032

2814 NW 17 AVE, Miami, FL 33142

RETAIL FOR SALE

KW COMMERCIAL11420 N. Kendall Dr.,Ste. 207Miami, FL 33176

www.kwcommercial.com

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

JORGE FERNANDEZ-PLA, CCIM, MBADirector- Commercial Sales & Investments0 786.433.2939C 786.433.2939info@icmgroup.usFL #3220032

2814 NW 17 AVE, Miami, FL 33142

2814 NW 17 AVE

RETAIL FOR SALE

KW COMMERCIAL11420 N. Kendall Dr.,Ste. 207Miami, FL 33176

www.kwcommercial.com

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

JORGE FERNANDEZ-PLA, CCIM, MBADirector- Commercial Sales & Investments0 786.433.2939C 786.433.2939info@icmgroup.usFL #3220032

2814 NW 17 AVE, Miami, FL 33142

2814 NW 17 AVE

RETAIL FOR SALE

2814 NW 17 AVE, Miami, FL 33142

2814 NW 17 AVE

RETAIL FOR SALE

KW COMMERCIAL11420 N. Kendall Dr.,Ste. 207Miami, FL 33176

www.kwcommercial.com

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

JORGE FERNANDEZ-PLA, CCIM, MBADirector- Commercial Sales & Investments0 786.433.2939C 786.433.2939info@icmgroup.usFL #3220032

2814 NW 17 AVE, Miami, FL 33142

2814 NW 17 AVE

RETAIL FOR SALE

KW COMMERCIAL11420 N. Kendall Dr.,Ste. 207Miami, FL 33176

www.kwcommercial.com

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

JORGE FERNANDEZ-PLA, CCIM, MBADirector- Commercial Sales & Investments0 786.433.2939C 786.433.2939info@icmgroup.usFL #3220032

KW COMMERCIAL11420 N. Kendall Dr.,Ste. 207Miami, FL 33176

www.kwcommercial.com

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

JORGE FERNANDEZ-PLA, CCIM, MBADirector- Commercial Sales & Investments0 786.433.2939C 786.433.2939info@icmgroup.usFL #3220032

2814 NW 17 AVE, Miami, FL 33142

RETAIL FOR SALE

KW COMMERCIAL11420 N. Kendall Dr.,Ste. 207Miami, FL 33176

www.kwcommercial.com

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

JORGE FERNANDEZ-PLA, CCIM, MBADirector- Commercial Sales & Investments0 786.433.2939C 786.433.2939info@icmgroup.usFL #3220032

* Demographic data derived from 2010 US Census

2814 NW 17 AVE, Miami, FL 33142

RETAIL FOR SALE

ETHNICITY 0.5 MILES 1 MILE 1.5 MILES

% HISPANIC 77.8% 72.5% 66.5%

RACE 0.5 MILES 1 MILE 1.5 MILES

% WHITE 65.6% 62.8% 58.9%

% BLACK 25.3% 28.1% 33.0%

% ASIAN 0.1% 0.8% 1.0%

% HAWAIIAN 0.0% 0.0% 0.0%

% INDIAN 0.0% 0.0% 0.1%

% OTHER 7.4% 7.0% 5.6%

POPULATION 0.5 MILES 1 MILE 1.5 MILES

TOTAL POPULATION 10,337 39,672 78,019

MEDIAN AGE 38.0 37.0 36.2

MEDIAN AGE (MALE) 34.9 34.5 34.2

MEDIAN AGE (FEMALE) 39.9 38.7 38.0

HOUSEHOLDS & INCOME 0.5 MILES 1 MILE 1.5 MILES

TOTAL HOUSEHOLDS 3,548 12,855 25,558

# OF PERSONS PER HH 2.9 3.1 3.1

AVERAGE HH INCOME $28,222 $29,915 $31,322

AVERAGE HOUSE VALUE $247,198 $234,448 $241,242