Vero Capital Group is pleased to offer an exclusive opportunity to acquire a vacant single-tenant property located at 14900 SW 31st Street in Miramar, Florida. The site includes a 2,756-square-foot building situated on a 0.91-acre (39,672-square-foot) parcel. The building was formerly occupied by Wendy’s until the fourth quarter of 2023. It falls under the Commercial Business (B2) zoning district—one of Miramar’s most flexible commercial designations.
Investment Highlights
STRATEGIC LOCATION
The property benefits from a strategic location just off the signalized intersection of Miramar Parkway (SR 858) and SW 148th Street, a key commercial and commuter corridor in the area. It sits within a cluster of commercial development that includes hotels, office buildings, medical offices, and industrial facilities—home to a large, established workforce. The site is seconds from Miramar Parkway, just 0.3 miles from Interstate 75, and 3.5 miles from the Florida Turnpike. It’s also in close proximity to Miramar Memorial Hospital and surrounded by national retailers and service providers that generate significant traffic. Nearby residential neighborhoods are dense, providing a strong built-in customer base.
STRONG RETAIL CORRIDOR
Retail traffic in the area is driven by several nearby anchors, including Home Depot, Target, Publix, Winn-Dixie, Sprouts Farmers Market, Kohl’s, Marshalls, Ross, CVS, and AutoZone. Popular restaurants such as Texas Roadhouse, Benihana, Chili’s, Panera, Chick-fil-A, Chipotle, Starbucks, McDonald’s, Popeyes, and Pollo Tropical are also present. Financial institutions like Chase, Truist, and PNC Bank, as well as a Speedway gas station, add to the commercial activity in the immediate trade area.
ZONING
The Commercial Business (B2) zoning designation allows for a wide range of permitted uses. These include retail establishments, restaurants, professional and medical offices, financial institutions, and other service-oriented businesses. The district is designed to support general commercial activity in locations accessible by both vehicles and pedestrians, with direct access to major roads. More details on permitted uses are available upon request.
TRAFFIC COUNTS
Daily traffic counts are substantial, with more than 58,700 vehicles passing the property along Miramar Parkway, and approximately 71,800 vehicles traveling through the intersection at Miramar Parkway and SW 148th Avenue.
DEMOGRAPHICS
The local demographics further strengthen the site’s potential. Within a three-mile radius, over 126,300 people reside, with an average household income of $132,166. Expanding to a five-mile radius, the population exceeds 332,300, with an average household income of $125,533. The area also hosts more than 140,500 employees within five miles, supporting both daytime activity and sustained consumer demand.