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16355 NW 27th Ave
Opa Locka, FL 33054
Retail Property For Sale
Investment Highlights
- Anchored by Cricket Wireless, providing in-place income and stability with upside for an owner-user or value-add investor.
- High-exposure corner on NW 27th Ave with 75K–100K+ cars daily, delivering unmatched visibility and constant traffic for any business.
- Flex industrial/retail property with retail frontage, ideal for auto, contractor, service, or logistics users seeking visibility and functionality.
Executive Summary
Rare high-exposure flex industrial/retail asset positioned on a signalized corner along NW 27th Ave, one of Miami-Dade’s busiest corridors with 75,000–100,000+ vehicles passing daily. This versatile property combines industrial functionality with a strong retail component, anchored by Cricket Wireless, providing immediate in-place income and tenant stability.
The 8,000 SF building sits on over 0.56 acres, offering a highly functional layout with grade-level doors, 20’ ceilings, and excess land ideal for outdoor storage, fleet use, or future expansion. The flexible configuration makes it ideal for automotive, contractor, logistics, or service-based owner-users seeking both operational efficiency and unmatched visibility.
Strategically located with immediate access to I-95 and the Florida Turnpike, and surrounded by dense residential population exceeding 500,000 within a 5-mile radius, the property benefits from strong consumer demand and consistent traffic flow.
This is a true value-add opportunity with below-market in-place income, allowing a new owner to increase rents, occupy the space, or reposition the asset to maximize returns. Opportunities to acquire a flex asset with land, exposure, and an established retail anchor tenant in this submarket are extremely limited.
The 8,000 SF building sits on over 0.56 acres, offering a highly functional layout with grade-level doors, 20’ ceilings, and excess land ideal for outdoor storage, fleet use, or future expansion. The flexible configuration makes it ideal for automotive, contractor, logistics, or service-based owner-users seeking both operational efficiency and unmatched visibility.
Strategically located with immediate access to I-95 and the Florida Turnpike, and surrounded by dense residential population exceeding 500,000 within a 5-mile radius, the property benefits from strong consumer demand and consistent traffic flow.
This is a true value-add opportunity with below-market in-place income, allowing a new owner to increase rents, occupy the space, or reposition the asset to maximize returns. Opportunities to acquire a flex asset with land, exposure, and an established retail anchor tenant in this submarket are extremely limited.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
8,000 SF
Building Class
C
Year Built
1961
Price
$2,100,000
Price Per SF
$262.50
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.57 AC
Zoning
BU-1 - NC zoning allows high-demand retail, service, and office uses—perfect for owner-users looking to maximize visibility and business potential.
Parking
10 Spaces (1.33 Spaces per 1,000 SF Leased)
Frontage
3,000’ on 27th ave
Property Taxes
| Parcel Number | 34-2115-002-0500 | Improvements Assessment | $86,390 |
| Land Assessment | $743,610 | Total Assessment | $830,000 |
Property Taxes
Parcel Number
34-2115-002-0500
Land Assessment
$743,610
Improvements Assessment
$86,390
Total Assessment
$830,000
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