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Oak Plaza 1620-1648 NE 148th St 15,604 SF 58% Leased Retail Building Miami, FL 33181 $3,950,000 ($253.14/SF)



INVESTMENT HIGHLIGHTS
- 15 Micro-Retail Units
- Value-Add Opportunity with Significant Upside Potential
- 73% occupancy
- BU-1 Zoning
EXECUTIVE SUMMARY
A unique investment opportunity along W Dixie Highway: a 15-unit micro retail shopping center offering substantial value add potential. The current tenancy consists primarily of vacant units or month-to-month occupants, providing exceptional flexibility for repositioning the asset. Investors may pursue full owner-user occupancy, a hybrid owner/ tenant structure, or a comprehensive re-leasing strategy at prevailing market rents.
Property Highlights
• 15 Micro-Retail Units
• 73% occupancy
• Value-Add Opportunity with Significant Upside Potential
• BU-1 Zoning allows for a maximum development height of up to 45ft and 4 stories.
PROPERTY FACTS
AMENITIES
- Bus Line
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- J & C Healthcare Center
- Professional, Scientific, and Technical Services
- -
- -
- -
- Surveillance Masters CCTV
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| J & C Healthcare Center | Professional, Scientific, and Technical Services | - | - | - | ||
| Surveillance Masters CCTV | - | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
930 SqFt available in a Retail strip center. Suitable for office space, 1 bathroom. Ample parking for all tenants and guests. SHOWN BY APPOINTMENT ONLY. Restaurant, Smoke Shop, Salon not possible.
930 SqFt available in a Retail strip center. Suitable for office space, 1 bathroom. Ample parking for all tenants and guests. SHOWN BY APPOINTMENT ONLY. Restaurant, Smoke Shop, Salon not possible.
930 SqFt available in a Retail strip center. Suitable for office space, 1 bathroom. Ample parking for all tenants and guests. SHOWN BY APPOINTMENT ONLY. Restaurant, Smoke Shop, Salon not possible.
1,860 SqFt available in a Retail strip center. May be combined for a total of 3,720 sqft. Suitable for office space, 2 bathrooms. Ample parking for all tenants and guests. SHOWN BY APPOINTMENT ONLY. Restaurant, Smoke Shop, Salon not possible.
1,860 SqFt available in a Retail strip center. May be combined for a total of 3,720 sqft. Suitable for office space, 2 bathrooms. Ample parking for all tenants and guests. SHOWN BY APPOINTMENT ONLY. Restaurant, Smoke Shop, Salon not possible.
| Space | Size | Space Use | Position | Available |
| 1626 | 930 SF | Retail | - | Now |
| 1630 | 930 SF | Retail | - | Now |
| 1632 | 930 SF | Retail | In-Line | Now |
| 1642-1644 | 1,860 SF | Office/Retail | - | Now |
| 1646-1648 | 1,860 SF | Retail | In-Line | Now |
1626
| Size |
| 930 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1630
| Size |
| 930 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1632
| Size |
| 930 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1642-1644
| Size |
| 1,860 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
1646-1648
| Size |
| 1,860 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1626
| Size | 930 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
930 SqFt available in a Retail strip center. Suitable for office space, 1 bathroom. Ample parking for all tenants and guests. SHOWN BY APPOINTMENT ONLY. Restaurant, Smoke Shop, Salon not possible.
1630
| Size | 930 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
930 SqFt available in a Retail strip center. Suitable for office space, 1 bathroom. Ample parking for all tenants and guests. SHOWN BY APPOINTMENT ONLY. Restaurant, Smoke Shop, Salon not possible.
1632
| Size | 930 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
930 SqFt available in a Retail strip center. Suitable for office space, 1 bathroom. Ample parking for all tenants and guests. SHOWN BY APPOINTMENT ONLY. Restaurant, Smoke Shop, Salon not possible.
1642-1644
| Size | 1,860 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
1,860 SqFt available in a Retail strip center. May be combined for a total of 3,720 sqft. Suitable for office space, 2 bathrooms. Ample parking for all tenants and guests. SHOWN BY APPOINTMENT ONLY. Restaurant, Smoke Shop, Salon not possible.
1646-1648
| Size | 1,860 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
1,860 SqFt available in a Retail strip center. May be combined for a total of 3,720 sqft. Suitable for office space, 2 bathrooms. Ample parking for all tenants and guests. SHOWN BY APPOINTMENT ONLY. Restaurant, Smoke Shop, Salon not possible.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 30-2220-002-3920 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,327,938 |
PROPERTY TAXES
Presented by
Oak Plaza | 1620-1648 NE 148th St
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