Adrian Management Inc. is pleased to present, for the first time, the premier storefront retail/ office leasing opportunity at Coconut Palm Plaza. Currently under construction, this 80,000-square-foot center will be the area's newest and only Class A shopping center. The commercial strip will be completed by the end of 2025 and already has signed leases with Bravo Supermarket, a liquor store, a UPS Store, a smoke shop, a sail salon, and a daycare, offering an unbeatable opportunity to attract a steady flow of customers. Of the two total floors, the second floor is divided into storefronts with bathrooms and boutique interior offices starting at 600 feet. More than 330 parking spaces will be available on the 3.7-acre commercial parcel, providing plentiful parking for daytime employees and clients. Leasing opportunities within Coconut Palm Plaza present the perfect option for maximum visibility, with a newly built Wawa, Aldi, and Chick-fil-A all on the same street.
Coconut Palm Plaza is ideally located off the Ronald Reagan Turnpike, within one of the fastest-growing communities in South Florida. Homestead’s proximity to the cities of Cutler Bay and Palmetto Bay provides an additional consumer base from these higher-income areas. Most retail in the region is concentrated along main thoroughfares and US 1, which runs north to south on the area’s eastern edge. Conveniently, the subject plaza offers over 600 feet of direct frontage on Coconut Palm Drive, which sees an average of 13,950 vehicles passing daily. Some of the area’s most prominent tenants include retailers such as Target and Ross, supermarkets like Publix and Aldi, and automotive retailer AutoZone. Shopping centers such as Promenade at Silver Palms and Cumex Shopping Center are home to various local and national tenants.
General retail makes up the bulk of retail space in the South Dade Submarket, with most tenants reporting to service-producing daytime employment realms to best serve the area’s local households. South Dade tends to be a more affordable retail area, with rents typically below the Miami market average. The area represents Miami's third-largest retail area.
Inquire today about the benefits of leasing the high-end, Class A retail or office space at Coconut Palm Plaza, an ideal environment offering easy access and visibility among a thriving demographic.
