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Lakeside Center Shoppes 13750 NW 107th Ave 20,741 SF 100% Leased 4-Star Retail Building Hialeah Gardens, FL 33018 $12,000,000 ($578.56/SF) 6.49% Cap Rate

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INVESTMENT HIGHLIGHTS

In demand commercial retail strip center for sale.
100% Occupied
Traffic count at the intersection exceeds 49,000 vehicles daily

New construction, Built 2020
Ample parking of 5.33/1,000 sq. ft.
Anchored by Concentra Health Services

EXECUTIVE SUMMARY

Lakeside Center Shoppes is a new two story, 20,741 SF retail center in the heart of Hialeah Gardens, one of the fastest growing areas of South Florida. Anchored by Concentra Health Services which occupies 6,513 SF on the 1st floor, with a new 10-year lease. Currently in lease negotiations with a Pilates Studio for 2 units on the 2nd floor, which will bring the property back up to 100% occupancy and an NOI of $778,853.11. Rent roll provided upon request.

Lakeside Center Shoppes - Offering Memorandum - May 2025

PROPERTY FACTS Under Contract

Sale Type

Investment

Property Type

Retail

Property Subtype

Storefront Retail/Office

Building Size

20,741 SF

Building Class

LoopNet Rating

4 Star

Year Built

2020

Price

$12,000,000

Price Per SF

$578.56

Cap Rate

6.49%

NOI

$778,853

Percent Leased

100%

Tenancy

Multiple

Building Height

2 Stories

Building FAR

0.44

Lot Size

1.09 AC

Zoning

7100 - PA Primary Zone 7100 INDUSTRIAL - LIGHT MFG Primary Land Use 1111 STORE : RETAIL OUTLET

Parking

139 Spaces (6.7 Spaces per 1,000 SF Leased)

Frontage

200’ on Northwest 107th Avenue

Health Care and Social Assistance
99,999 SF
$9.99
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Concentra is the largest provider of occupational health services in the United States, with the mission to improve the health of America’s workforce, one patient at a time. Their colleagues and affiliated physicians and clinicians support the delivery of an extensive suite of services, including workers’ compensation services and other direct-to-employer care, to many patients each day from medical centers and many onsite medical facilities. Concentra was founded in 1979 by clinicians, and their sharp focus on occupational health services continues to be their core competency to this day. They understand the complex nature of workplace health and have earned a reputation for excellence, working closely and collaboratively with their clients and business partners to provide exceptional service and exceptional care.