150 SE 2nd Ave # 103, Miami FL 33131

About This Property

Presenting 150 SE 2nd Ave, Suite 103, a prime retail investment in Downtown Miami's prestigious Chase Building. This 3,492 SF high-visibility property is leased by USPS, a federally backed tenant, ensuring stable cash flow and long-term security. USPS occupies 2,000 SF under a partial NNN lease with an 8% rent increase at each 5-year renewal. The remaining 1,492 SF is leased as storage to different tenants of the building, generating additional income. One of only four retail spaces on the first floor, the property benefits from heavy foot traffic, dense commercial and residential growth, and proximity to major transit hubs. With a secure tenant, prime location, and rent escalations, this is a high-demand, low-risk investment in one of Miami’s fastest-growing markets.

Property Details

Property Type

Retail

Status

Active

MLS #

A11724448

Building Area

3,492 SF

Lot Size

4,792 SF

Year Built

1967

Zoning

6401

Net Operating Income

$107,536

Days on Market

533

Price

$2,500,000