12740-12750 W Dixie Hwy - Storefront FOR SALE


North Miami, FL 33161
$1,600,000 USD
561-312-9364
12740-12750 W Dixie Hwy, North Miami, FL for Sale
$1,600,000 USD
Storefront - FOR SALE
1/22
null | Request Cap Rate

Oct '25


12740-12750 W Dixie Hwy
North Miami, FL 33161


HIGHLIGHTS

  • Offered well below market on a price-per-square-foot basis with significant upside potential.
  • All four tenants on M-to-M leases, allowing immediate ability to bring rents to market (CoStar market rents at $50 PSF vs. $37 PSF submarket avg.
  • Located in a high-demand trade area with only 2.9% vacancy in the submarket and 3.2% overall Miami retail vacancy
  • Includes fully built-out restaurant space with hood vent, FF&E, and take-out window, reducing upfront buildout costs four flexible units
  • Dense urban corridor with strong demographics and sustained retail growth momentum
  • Prime frontage on W Dixie Hwy, with dual access and dedicated parking in both the front and rear of the property

OVERVIEW

The KAP Center is a ±5,910 SF retail property at 12750 W Dixie Hwy in the heart of Downtown North Miami, ideally positioned adjacent to a Publix reportedly generating over $70M in annual sales. The property features four versatile units — including a fully built-out restaurant with hood vent, FF&E, and takeout window — all on month-to-month leases, allowing a new owner to either continue collecting income or occupy the entire building for their own business.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$297 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

KAP Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,424 SF

ZONING

C-3, North Miami

APN/PARCEL ID

06-2230-004-0290

ASK ABOUT THIS PROPERTY

Justin WalkerFranklin StreetMore Info
561-312-9364

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Justin WalkerFranklin StreetMore Info
561-312-9364

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.