14301-14307 S Dixie Hwy - Storefront FOR SALE


Miami, FL 33176
$3,900,000 USD
786-522-7086
14301-14307 S Dixie Hwy, Miami, FL for Sale
$3,900,000 USD
Storefront - FOR SALE
1/7
null | Request Cap Rate

14301-14307 S Dixie Hwy
Miami, FL 33176


HIGHLIGHTS

  • Value-Add Retail Strip Center Investment Opportunity, Featuring Major Upside Through Lease-Up of Two of Four Units, Totaling 50% of the GLA
  • Located on US-1/South Dixie Highway with Direct Frontage and Exposure to Over 57,500 Vehicles Per Day, Providing Exceptional Visibility for Tenant
  • Positioned in the Heart of Palmetto Bay, a Densely Populated, Affluent Residential Corridor of South Miami-Dade County
  • Characterized by High Household Incomes and Stable, Owner- Occupied Single-Family Neighborhoods Supporting Strong Tenant Sales Potential
  • Dense National Credit Retail Corridor Featuring Publix, Target, BJ’s Wholesale, Trader Joe’s, Whole Foods, Marshalls, and The Home Depot
  • Nearby Major Demand Generators Including The Falls Shopping Center, Baptist Hospital, South Miami Hospital and Jackson South Medical Center

OVERVIEW

CAP Rate - Year 2 Stabilized - 7.06%

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$433 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

S Dixie Strip Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

BU-2

APN/PARCEL ID

33-5021-002-0120

ASK ABOUT THIS PROPERTY

Tricia LimMarcus & MillichapMore Info
786-522-7086

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Tricia LimMarcus & MillichapMore Info
786-522-7086

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