Overview

Description

Lee & Associates South Florida is pleased to present this excellent value-add opportunity of 92,351 SF Neighborhood Retail Center located directly on US-1 / S Dixie Hwy retail corridor of South Miami-Dade County. This ±9 AC site offers over 600 feet of retail frontage on US-1, with high daily traffic counts that top more than 46,000 vehicles (AADT). The 94k SF building was recently redeveloped and leased to a gym, medical center, grocer, and several other national credit tenants.

This retail center is located adjacent to the Fresco Y Mas grocery-anchored Naranja Shopping Center, adjacent to a Mastec development project behind the property, and near a new Walmart Neighborhood Center that was constructed a few blocks to the north. The site is also proximate to a new Home Depot redevelopment and several high-density housing developments by major developers including Lennar, DR Horton, and others continuing to deliver new construction homes to meet the high demand of the skyrocketing population growth in Miami-Dade County.

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

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

Documents

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