Explore an exceptional investment opportunity to acquire 18,781 square feet of Class A retail space strategically located on Biscayne Boulevard in Miami's thriving Edgewater neighborhood. The primary $22 million offering features 10 fully leased retail spaces with a diverse, established tenant mix that generates stable cash flow. Anchored by Chase Bank with institutional-grade credit strength and positioned adjacent to a Publix Supermarket, this asset benefits from powerful co-tenancy and consistent customer traffic. Superior visibility and accessibility along one of Miami's most prominent commercial arteries further enhance long-term performance.
More than 10,000 residential units within a 1-mile radius provide a substantial built-in customer base that supports tenant success. Combining credit-worthy tenancy, exceptional demographics, and prime positioning, this turnkey retail strip delivers a compelling value proposition for sophisticated investors seeking dependable income and long-term appreciation potential in one of South Florida's fastest-growing corridors.
To accommodate diverse investment strategies, the Seller is offering flexible acquisition options, including the opportunity to: 1.) acquire the 10 retail units for $22 million, 2.) purchase one retail unit plus the Transferable Development Rights (TDRs/land) for $14 million, or 3.) acquire the entire portfolio comprising all 11 retail units, TDRs/land rights, 36 parking spaces, and storage for $36 million.
Note: Seller financing is available to enhance acquisition feasibility, reduce upfront equity requirements, and improve overall return profiles for qualified investors.