1400-1420 NE 8th St - Storefront FOR SALE


Homestead, FL 33033- Outer Homestead/South Dade
$12,316,000 USD
305-772-4105
1400-1420 NE 8th St, Homestead, FL for Sale
$12,316,000 USD
Storefront - FOR SALE
1/3
null | Request Cap Rate

1400-1420 NE 8th St
Homestead, FL 33033
Outer Homestead/South Dade


HIGHLIGHTS

  • • Substantial upside opportunity through outparcel development or ground-lease
  • • Very dense population of 137,573 residents within a 10-minute drive and AHHI of $85,704
  • • One of Miami’s fastest-growing areas
  • • Class A retail center developed in 2020
  • • Ideal location on Campbell Drive, between Florida Turnpike and US Highway 1

OVERVIEW

TSCG, as the exclusive agent for the Owner, is pleased to present Sunnylea Plaza for sale in Homestead, Florida (the “Property”). Strategically located on Campbell Drive, at a signalized intersection 1.1 miles west of the Florida Turnpike, Sunnylea Plaza is very well-positioned to serve a wide and rapidly growing trade area. The Property presently totals 22,350 square feet (“SF”) comprised of a street-front building that totals 8,000 square feet leased entirely to VivaMas Medical Center and a separate building with Iron Legends, Cold Stone Creamery and other complementary tenants. The Property offers investors significant upside potential through the ground-lease or development of an outparcel fronting Campbell Drive that can accommodate a building of up to 3,500 SF with a drive-thru, as well as the lease-up of two inline vacancies. Please contact us for more information.

FOR SALE DETAILS

PRICE

$12,316,000 USD

PRICE/SF

$551 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sunnylea Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

119

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

B2

APN/PARCEL ID

10-7917-001-0200

ASK ABOUT THIS PROPERTY

305-772-4105

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

305-772-4105

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