29345 SW 152nd Ave - Storefront Retail/Office FOR SALE


Homestead, FL 33033- Outer Homestead/South Dade
$5,400,000 USD
772-539-1153
29345 SW 152nd Ave, Homestead, FL for Sale
$5,400,000 USD
Storefront Retail/Office - FOR SALE
1/6
null | 8% Cap Rate

29345 SW 152nd Ave
Homestead, FL 33033
Outer Homestead/South Dade


HIGHLIGHTS

  • 100% occupied with an 8.00% cap rate and built-in annual rent increases across all eight tenants.
  • Prime infill location along a high-traffic Florida Turnpike corridor in one of South Florida's fastest-growing submarkets.
  • Recession-resistant, needs-based tenants generating consistent foot traffic from 155,000 residents within 3 miles.

OVERVIEW

Vero Capital Group is pleased to present the opportunity to acquire a neighborhood retail shopping center located in Homestead, Florida, within the Leisure City submarket. The property sits in a fast-growing area of South Miami-Dade where new housing development continues to bring in residents seeking more affordable alternatives to core Miami. The property is positioned along a primary corridor with access to the Florida Turnpike, allowing for easy connectivity throughout Miami-Dade. Surrounded by a mix of national retailers and neighborhood-serving businesses, the center is well located to benefit from continued population growth and consistent local neighborhood demand.

FOR SALE DETAILS

PRICE

$5,400,000 USD

PRICE/SF

$289 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Leisure City Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.61 AC

LAND SF

70,132 SF

ZONING

6200

APN/PARCEL ID

30-7904-005-3320,30-7904-005-3330,30-7904-005-3340

ASK ABOUT THIS PROPERTY

Charles MoodyVero Capital GroupMore Info
772-539-1153

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Charles MoodyVero Capital GroupMore Info
772-539-1153

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