Caribbean Shoppes at 19501 NW 2nd Avenue is a well-maintained retail center in Miami. Spanning 27,872 square feet of building space and 1.68 acres of land, this plaza is a progressively modern retail development along the 3-mile US Highway 441 commercial corridor. The property boasts a brand-new and stunning modern facade of ACM aluminium and granite, and a recently repaved parking lot. Exceptional Return & Short-Term Upside: 6.85% CAP Rate:Caribbean Shoppes offers an attractive 6.85% CAP rate, signaling a robust initial return for investors. Brand-New & Modern:This 26,069 sq ft retail center (on 73,260 sq ft of land) is a progressively modern development, "Icon Plaza," along the high-traffic 3-mile Highway 441 corridor. Its recent construction provides immediate upside and minimizes deferred maintenance. Significant Lease Upside Potential:Critical for short-term growth, the property presents opportunities toadjust short-term leases to market ratesor strategicallyreplace existing tenants with new, higher-performing businessesto significantly enhance rental income and property value in the near future. Strategic Location for Sustained Growth & Stable Income: Unrivaled Accessibility:Situated just north of the Golden Glades interchange, it connects directly to I-95, Florida's Turnpike, and State Routes 441 & 826, ensuring excellent accessibility and ease of travel throughout South Florida. . Maintaining such longevity and consistency in business is no small feat, and it's a testament to the resilience, hard work, and dedication of both the tenants and the management of Caribbean Shoppes. The tenants' diverse offerings complement each other, creating a vibrant and attractive destination for shoppers. Caribbean Shoppes lies north of the Golden Glades interchange, connecting Interstate 95, Florida's Turnpike, and State Routes 441 and 826. This property offers visitors excellent accessibility and ease of travel throughout South Florida. Situated in Miami Gardens, Caribbean Shoppes is surrounded by a diverse working and middle-class community of nearly 701,500 residents within a 15-minute drive radius. Neighboring points of interest include Aventura Mall, Hard Rock Stadium, St. Thomas University, Florida Memorial University, Interstate 95, the 836 Expressway, and surrounding businesses, services, and restaurants along US Highway 441.