14227-14229 S Dixie Highway offers the opportunity to acquire a well-locate multi-tenant retail property along one of South Miami’s busiest commercial corridors. The property consists of 5,100 square feet and benefits from strong visibility along South Dixie Highway with over 64,500 vehicles passing the site daily. The property is occupied by Miami Wheels, Clippers Barber Shop, and Freeway Insurance, all of which have successfully operated from this location for over 30 years showing commitment and loyalty to the site.
The asset offers both an investment and owner-user opportunity. Miami Wheel occupies approximately 50% of the building and is currently on a month-to-month lease, providing flexibility for an owner-user seeking immediate occupancy or a investor looking to reposition the space. All tenants are currently operating under gross leases and paying below-market rents, creating a clear value-add opportunity through future lease rollover, rent increases, and conversion to NNN lease structures.
Surrounded by national retailers including Publix, BJ’s Wholesale Club, TJ Maxx, Marshalls, Five Below, CVS, Starbucks, Chase, and Wells Fargo, the property is positioned within an affluent South Miami trade area with average household incomes exceeding $160,000 within a three-mile radius.