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S Dixie Strip Center 14301-14307 S Dixie Hwy 9,000 SF 50% Leased Retail Building Miami, FL 33176 $3,900,000 ($433.33/SF)
Investment Highlights
- Value-Add Retail Strip Center Investment Opportunity, Featuring Major Upside Through Lease-Up of Two of Four Units, Totaling 50% of the GLA
- Positioned in the Heart of Palmetto Bay, a Densely Populated, Affluent Residential Corridor of South Miami-Dade County
- Dense National Credit Retail Corridor Featuring Publix, Target, BJ’s Wholesale, Trader Joe’s, Whole Foods, Marshalls, and The Home Depot
- Located on US-1/South Dixie Highway with Direct Frontage and Exposure to Over 57,500 Vehicles Per Day, Providing Exceptional Visibility for Tenant
- Characterized by High Household Incomes and Stable, Owner- Occupied Single-Family Neighborhoods Supporting Strong Tenant Sales Potential
- Nearby Major Demand Generators Including The Falls Shopping Center, Baptist Hospital, South Miami Hospital and Jackson South Medical Center
Executive Summary
CAP Rate - Year 2 Stabilized - 7.06%
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,000 SF
Building Class
B
Year Built
1986
Price
$3,900,000
Price Per SF
$433.33
Percent Leased
50%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.45
Lot Size
0.46 AC
Zoning
BU-2 - BU-2 ZONING - STRICTLY RETAIL ONLY
Parking
26 Spaces (2.89 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Freeway Visibility
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Benjamin Moore
- Retailer
- 2,250 SF
- -
- -
- Old Cutler Pharmacy
- Retailer
- 2,250 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Benjamin Moore | Retailer | 2,250 SF | - | - | ||
| Old Cutler Pharmacy | Retailer | 2,250 SF | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
It’s a high-visibility spot in a prime luxury corridor of Pinecrest and Palmetto Bay with incredible daily traffic. Expand into the booming Miami market.
Direct US1 Frontage Excellent Traffic Count Priced Below Market
| Space | Size | Space Use | Position | Available |
| 14301 | 2,250 SF | Retail | - | Now |
| 14307 | 2,250 SF | Retail | - | Now |
14301
| Size |
| 2,250 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
14307
| Size |
| 2,250 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
14301
| Size | 2,250 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
It’s a high-visibility spot in a prime luxury corridor of Pinecrest and Palmetto Bay with incredible daily traffic. Expand into the booming Miami market.
14307
| Size | 2,250 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Direct US1 Frontage Excellent Traffic Count Priced Below Market
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 33-5021-002-0120 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,365,056 |
Property Taxes
Parcel Number
33-5021-002-0120
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,365,056
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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S Dixie Strip Center | 14301-14307 S Dixie Hwy
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