List Search

14301-14307 S Dixie Hwy
Miami, FL 33176 Palmetto Bay North

$3,900,000 USD

Storefront For Sale  •  9,000 SF

Property Details

  • Property Type Storefront
  • Total Building Size 9,000 SF
  • Lot Size 0.46 AC
  • Building Class B
  • Year Built 1986
  • Cap Rate 7.06 %
  • Tenancy Multiple
  • Zoning BU-2
30 Transit Score
60 Walk Score

Highlights

Value-Add Retail Strip Center Investment Opportunity, Featuring Major Upside Through Lease-Up of Two of Four Units, Totaling 50% of the GLA
Located on US-1/South Dixie Highway with Direct Frontage and Exposure to Over 57,500 Vehicles Per Day, Providing Exceptional Visibility for Tenant
Positioned in the Heart of Palmetto Bay, a Densely Populated, Affluent Residential Corridor of South Miami-Dade County
Characterized by High Household Incomes and Stable, Owner- Occupied Single-Family Neighborhoods Supporting Strong Tenant Sales Potential
Dense National Credit Retail Corridor Featuring Publix, Target, BJ’s Wholesale, Trader Joe’s, Whole Foods, Marshalls, and The Home Depot
Nearby Major Demand Generators Including The Falls Shopping Center, Baptist Hospital, South Miami Hospital and Jackson South Medical Center
Cap Rate: 7.06 %

Major Tenants

Tenant SF Occupied Lease End Date
Benjamin Moore 2,250 SF
Old Cutler Pharmacy 2,250 SF

Amenities

  • Freeway Visibility
  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Dadeland South (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 7 min - 3.7 mi
Dadeland North (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 9 min - 4.6 mi
AirportDriveWalkDistance
Miami International 25 min - 13.8 mi
Fort Lauderdale/Hollywood International 56 min - 36.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 26
Type: Surface
Included in Rent: Yes
Tricia Lim 786-522-7086 Marcus & Millichap
Tricia Lim 786-522-7086 Marcus & Millichap