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
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
Inline retail suite with `new façade and storefront doors and windows.
Suite 7
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
Southern End Cap