Amazing opportunity to own the real estate (building and land) of a successful free standing C-store with smoke shop and Cuban cafeteria! One of the highest Lotto selling stores in the city of North Miami Beach. The sale includes the building and land only, it does not include the business. There is a strong tenant in place, with a 3% rent increase each year. The lease is triple net so all expenses and taxes are paid by the tenant. This is a turn key opportunity where the owner can sit back and collect rent. This would also serve as a great property for a 1031 exchange; proof of funds is required to set up a showing. Please reach out via call or text for any further questions. Thank you!
North Miami Beach, FL, 33169
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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