Prime commercial location
Campbell Drive, SW 157th Avenue
All necessary utilities are available to the subject improvements,
including public water & sewer, electricity, gas and telephone
Property is a prime commercial location in Homestead, Fl a city within Miami-Dade county. It is a concrete block 2-story freestanding building. Currently used as a Flagship Cinema movie theater. Built in 2006, features 14-screen, 2,500+/- seating, large lobby, concession area that sells candy, popcorn, refreshments and other foods. Property is 49,021 +/- SF of net rentable area on 7+/- acres with 470+/- parking spaces. Sits adjacent to two, three-story retail/office buildings and a freestanding Chili's restaurant.
Subject property is located east of US1 (32,500 AADT) which is a main commercial corridor in Homestead. Also subject backs up to the Florida Turnpike (44,000 AADT) and fronts Campbell Road (24,500 AADT). Making this a high-traffic and highly-visible location. Immediate trade area is densely populated with several large retailers, including Lowes, Kohls, Micheals, Marshalls, Tj Maxx and others. Several national restaurants in the area, including Chipotle, Starbucks, Chili’s, Red Lobster, Olive Garden, Longhorn, Buffalo Wild Wings and soon Outback Steakhouse. As well as popular franchises, including McDonalds, Pollo Tropical, Taco Bell and Wendys.
The City of Homestead is the second oldest city in Miami-Dade County. The region is continuously growing and increasingly popular among middle-class homebuyers. Making this a high in demand area for national developers such as Lennar and DR Horton.