Redeveloped Retail Shopping Center on US-1

Highlights:

• Retail Shopping Center in High Growth Area of South Miami-Dade County
• Recently Redeveloped with a New Roof and Façade
• 92,351 SF on ±9 AC with 90 Unit Per Acre Zoning
• 509 Common Parking Spaces
• 600 ft Frontage on US-1 with over 46,000 AADT
• E-commerce Resistant Tenant Roster with Medical, Grocer and Gym
• Near Walmart and several major Multifamily and Townhome Housing Developments

Description:

Lee & Associates South Florida is pleased to offer Shoppes at Naranja Lakes for sale, an exceptional value-add retail investment opportunity located in the high-growth corridor of South Miami-Dade County. This 92,351 SF neighborhood shopping center sits on approximately 9 acres, boasting over 600 feet of prime retail frontage along US-1/S Dixie Highway with daily traffic counts exceeding 46,000 AADT. The center was recently redeveloped and is anchored by a solid mix of national credit tenants, including a gym, medical center, and grocer. The property offers investors significant upside potential, with its high-profile location and the area's booming residential and commercial development.

Adjacent to the Fresco Y Mas-anchored Naranja Shopping Center and near a newly developed Walmart Neighborhood Center, the site is at the heart of a rapidly growing community. The property is surrounded by ongoing high-density residential projects, with major developers such as Lennar and DR Horton building new homes to meet the rising demand driven by Miami-Dade's population growth. With 509 parking spaces, flexible zoning, and close proximity to major highways like the Florida Turnpike, this retail center is ideally positioned for long-term appreciation and steady income.

This Property boasts 600 feet of frontage on US-1 and traffic counts of 45,000 AADT. It is 5 minutes away from the 137th Ave Turnpike Exit and surrounded by high density single family, townhome and multifamily developments. Located in a shopping plaza with Fresco y Mas (Winn Dixie), Family Dollar, T-mobile, Autozone, and several other premier co-tena

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