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12985-12997 W Dixie Hwy
North Miami, FL 33161 North Miami

$2,000,000 USD

Storefront For Sale  •  5,257 SF

Property Details

  • Property Type Storefront
  • Total Building Size 5,257 SF
  • Lot Size 0.18 AC
  • Building Class C
  • Year Built 1956
  • Cap Rate 6.18 %
  • Tenancy Multiple
  • Zoning C-2, North Miami
45 Transit Score
90 Walk Score

Highlights

100% Occupancy with Built-in Growth: The retail center is currently fully leased to long-term tenants, but all are paying under-market rent
Significant "Upside" Potential: All current tenants are paying below-market rents
Strategic High-Visibility Location: Situated on a 7,742 Sq. Ft. corner lot along the high-traffic W Dixie Highway corridor

Property Flyers

Cap Rate: 6.18 %

Amenities

  • 24 Hour Access
  • Corner Lot
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Golden Glades (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 10 min - 4.1 mi
Opa-Locka (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 12 min - 5.0 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 25 min - 14.4 mi
Miami International 30 min - 15.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 9
Type: Surface
Included in Rent: Yes
Monica Hurtado PA 305-856-2600 Fortune Christies International Real Estate
Monica Hurtado PA 305-856-2600 Fortune Christies International Real Estate