Just Sold! Revelation Marketplace Retail Center on US 1 in South Dade $3.8 Million

27455 S. Dixie Highway, Miami, FL

$19.75 to $28/sqft/yr

Price

94,240 sqft

Building Size

9 acres

Lot Area

Overview
Building Size
94,240 sqft
Lot Area
9 acres
Units
14
Year Built
1983
Floors
1
Parking Spots
509
Description

Shoppes at Naranja Lakes is a redefined anchored shopping center redevelopment. This 94,240 SF neighborhood shopping center sits on 9 Acres with over 600 feet of frontage on US-1 South Dixie Highway where retailers enjoy a daily traffic count of over 46,000 AADT. The shopping center is directly across from South Miami-Dade County busway public transit stops, and has roughly 509 parking spaces for a 5.2 per 1000 sf, with additional shared parking available with the adjacent Fresco Y Mas anchored shopping center.

Shoppes at Naranja Lakes is located in a developing neighborhood nearby to a brand new Walmart Neighborhood shopping center development, and centrally located to over 10,000 new rooftops in various development stages currently underway within a 5 mile radius.

The subject property is located on the east side of US-1 at 274th street and is easily accessible from the Florida Turnpike. With 600 feet of frontage on US-1 it has great visibility and high traffic counts of 40,000 AADT.

Highlights
  • Revelation Marketplace, a NNN retail community center under redevelopment
  • Closing price: $3.8M
  • 94,240 SF total, with multiple junior anchors, storefronts and outparcels
  • 500 common parking spaces
  • Located on high-traffic US 1 Corridor in southern Miami-Dade County
  • SVN South will continue as the exclusive leasing brokerage
12 Spaces Available

Suite 4Neighborhood Center

Available:
Immediately
Sublease:
No
SQFT
2,185
Lease Rate:
$28/sqft/yr
Lease Type:
Gross

Inline retail suite with `new façade and storefront doors and windows.

Suite 7

Available:
Immediately
Sublease:
No
SQFT
15,250
Lease Rate:
$19.75/sqft/yr
Lease Type:
Gross

Eastern end-cap space with access to additional parking on eastern end of property. Potential for a second rear entrance in the back of the building for more exclusive access.

Unit E - End CapNeighborhood Center

Available:
Immediately
Sublease:
No
SQFT
2,470
Lease Rate:
$24/sqft/yr
Lease Type:
Gross

Southern End Cap

Unit FNeighborhood Center

Available:
Immediately
Sublease:
No
SQFT
1,480
Lease Rate:
$20/sqft/yr
Lease Type:
Gross

Unit GNeighborhood Center

Available:
Immediately
Sublease:
No
SQFT
1,480
Lease Rate:
$20/sqft/yr
Lease Type:
Gross

Documents

Location
Gallery