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Shoppes at Naranja Lakes Investment Property 27455 S Dixie Hwy 92,351 SF 65% Leased 4-Star Retail Building Homestead, FL 33032 $30,000,000 ($324.85/SF)

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INVESTMENT HIGHLIGHTS

  • Redeveloped Retail Shopping Center in High Growth Area of South Miami-Dade County
  • Surrounded by high-density housing developments from top builders
  • 600 feet of frontage on US-1 with over 46,000 daily vehicles (AADT)
  • Anchored by E-commerce Resistant Tenant Roster With Medical, Grocer and Gym
  • Adjacent to Fresco Y Mas Anchored Center, and Nearby to Walmart Neighborhood Center, and new Home Depot
  • High visibility and easy access to Florida Turnpike and other major highways

EXECUTIVE SUMMARY

Lee & Associates South Florida is pleased to offer Shoppes at Naranja Lakes for sale, an exceptional retail investment opportunity located in the high-growth corridor of South Miami-Dade County. This 92,351 SF neighborhood shopping center sits on approximately 9 acres, boasting over 600 feet of prime retail frontage along US-1/S Dixie Highway with daily traffic counts exceeding 46,000 AADT. The center was recently redeveloped and is anchored by a solid mix of national credit tenants, including a gym, medical center, and grocer. The property offers investors significant upside potential, with its high-profile location and the area's booming residential and commercial development.
Adjacent to the Fresco Y Mas-anchored Naranja Shopping Center and near a newly developed Walmart Neighborhood Center, the site is at the heart of a rapidly growing community. The property is surrounded by ongoing high-density residential projects, with major developers such as Lennar and DR Horton building new homes to meet the rising demand driven by Miami-Dade's population growth. With 509 parking spaces, flexible zoning, and close proximity to major highways like the Florida Turnpike, this retail center is ideally positioned for long-term appreciation and steady income.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
92,351 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1983/2021
Price
$30,000,000
Price Per SF
$324.85
Percent Leased
65%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.25
Lot Size
8.62 AC
Zoning
6075 - Business Districts, neighborhood
Parking
509 Spaces (5.51 Spaces per 1,000 SF Leased)
Frontage
600’ on S Dixie Hwy

AMENITIES

  • Pylon Sign
  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 6
  • 15,960 SF
  • Retail
  • In-Line
  • Now

RESTAURANT SPACE • Excellent frontage on South Dixie Highway • Modern façade with large storefront windows for high visibility • Ample parking • High ceilings and open floor plans suitable for various retail uses • Signage opportunities available for maximum exposure • Outside green area available for specific uses

  • 7
  • 16,195 SF
  • Retail
  • In-Line
  • Now

• Excellent frontage on South Dixie Highway • Modern façade with large storefront windows for high visibility • Ample parking • High ceilings and open floor plans suitable for various retail uses • Signage opportunities available for maximum exposure • Outside green area available for specific uses

Space Size Space Use Position Available
6 15,960 SF Retail In-Line Now
7 16,195 SF Retail In-Line Now

6

Size
15,960 SF
Space Use
Retail
Position
In-Line
Available
Now

7

Size
16,195 SF
Space Use
Retail
Position
In-Line
Available
Now

6

Size 15,960 SF
Space Use Retail
Position In-Line
Available Now

RESTAURANT SPACE • Excellent frontage on South Dixie Highway • Modern façade with large storefront windows for high visibility • Ample parking • High ceilings and open floor plans suitable for various retail uses • Signage opportunities available for maximum exposure • Outside green area available for specific uses

7

Size 16,195 SF
Space Use Retail
Position In-Line
Available Now

• Excellent frontage on South Dixie Highway • Modern façade with large storefront windows for high visibility • Ample parking • High ceilings and open floor plans suitable for various retail uses • Signage opportunities available for maximum exposure • Outside green area available for specific uses

NEARBY MAJOR RETAILERS

Walmart Neighborhood Market
Sunbelt Rentals
SouthState Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-6933-018-0040
Land Assessment
$6,726,320
Improvements Assessment
$3,219,430
Total Assessment
$9,945,750
  • Listing ID: 33381311

  • Date on Market: 10/2/2024

  • Last Updated:

  • Address: 27455 S Dixie Hwy, Homestead, FL 33032

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