Description
5955–5957 NE 2nd Avenue is a fully stabilized commercial kitchen property positioned along the rapidly improving NE 2nd Avenue corridor between the Design District and Little River. The asset delivers reliable income, long-term tenancy, and minimal operational oversight—an attractive profile for investors seeking durable cash flow in Miami’s core infill market. The ±5,000 SF building was fully renovated in 2024 and consists of two independent kitchen suites, each built for high-volume food production and delivery operations. Every suite is equipped with a 28-foot hood system, three walk-in coolers, a dedicated grease trap, independent utility meters, and commercial-grade infrastructure, allowing each tenant to operate autonomously. Under the NNN structure, tenants maintain all major systems—including HVAC, hood, fire suppression, and grease management—through required service agreements. The leases also include a management fee, providing additional revenue potential for self-managing owners. Located minutes from major residential districts and key distribution routes, 5955–5957 NE 2nd Avenue is strategically positioned to benefit from sustained demand for production and delivery kitchens in Miami. The combination of upgraded infrastructure, strong lease economics, long-term tenancy, and limited management responsibility creates a stable and straightforward income-producing opportunity for investors.
School Ratings & Info
Description
5955–5957 NE 2nd Avenue is a fully stabilized commercial kitchen property positioned along the rapidly improving NE 2nd Avenue corridor between the Design District and Little River. The asset delivers reliable income, long-term tenancy, and minimal operational oversight—an attractive profile for investors seeking durable cash flow in Miami’s core infill market. The ±5,000 SF building was fully renovated in 2024 and consists of two independent kitchen suites, each built for high-volume food production and delivery operations. Every suite is equipped with a 28-foot hood system, three walk-in coolers, a dedicated grease trap, independent utility meters, and commercial-grade infrastructure, allowing each tenant to operate autonomously. Under the NNN structure, tenants maintain all major systems—including HVAC, hood, fire suppression, and grease management—through required service agreements. The leases also include a management fee, providing additional revenue potential for self-managing owners. Located minutes from major residential districts and key distribution routes, 5955–5957 NE 2nd Avenue is strategically positioned to benefit from sustained demand for production and delivery kitchens in Miami. The combination of upgraded infrastructure, strong lease economics, long-term tenancy, and limited management responsibility creates a stable and straightforward income-producing opportunity for investors.
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