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12740-12750 W Dixie Hwy
North Miami, FL 33161
KAP Center · Retail Property For Sale
Investment Highlights
- Offered well below market on a price-per-square-foot basis with significant upside potential.
- Located in a high-demand trade area with only 2.9% vacancy in the submarket and 3.2% overall Miami retail vacancy
- Dense urban corridor with strong demographics and sustained retail growth momentum
- All four tenants on M-to-M leases, allowing immediate ability to bring rents to market (CoStar market rents at $50 PSF vs. $37 PSF submarket avg.
- Includes fully built-out restaurant space with hood vent, FF&E, and take-out window, reducing upfront buildout costs four flexible units
- Prime frontage on W Dixie Hwy, with dual access and dedicated parking in both the front and rear of the property
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
5,383 SF
Building Class
C
Year Built
1955
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.64
Lot Size
0.19 AC
Zoning
6000 - Liberal Mixed-Use, permitted MM Dispensary
Parking
15 Spaces (2.79 Spaces per 1,000 SF Leased)
Frontage
95’ on W Dixie Hwy
Property Taxes
| Parcel Number | 06-2230-004-0290 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $713,446 |
Property Taxes
Parcel Number
06-2230-004-0290
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$713,446
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