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Leisure City Retail Center 29345 SW 152nd Ave 18,691 SF 85% Leased Retail Building Homestead, FL 33033 $5,600,000 ($299.61/SF) 7.74% Cap Rate
INVESTMENT HIGHLIGHTS
- 18,691 SF multi-tenant retail strip center - The only retail center in Leisure City!
- Positioned on ±1.61 acre with 25 standard parking spaces + overnight truck parking
- High visibility along SW 152nd Avenue
- Offers a 6.6% cap rate, supported by stable, in-place income from a diverse tenant mix in a supply-constrained retail market
- Strong mix of national and local tenants, including Boost Mobile & La Michoacana
- Strong income potential for owner-user or investor
EXECUTIVE SUMMARY
Lee & Associates presents an excellent opportunity to acquire an 18,691 SF retail strip center uniquely positioned as the only retail hub of its kind in Leisure City. This well-positioned asset features strong in-place income with a mix of national and local tenants, ample surface parking, and excellent frontage along SW 152nd Avenue. Current tenants include Boost Mobile, a barber shop, La Michoacana, and a Daycare—creating a well-rounded and vibrant tenant mix.
Strategically situated between US-1 and the Florida Turnpike, this center offers prime access and visibility in one of South Florida’s most active corridors. Located just 3.6 miles from Downtown Homestead and surrounded by densely populated neighborhoods, the site enjoys strong demographics and steady foot traffic. With excellent ingress and egress and proximity to major thoroughfares, this property is a standout investment in a growing and dynamic market.
Strategically situated between US-1 and the Florida Turnpike, this center offers prime access and visibility in one of South Florida’s most active corridors. Located just 3.6 miles from Downtown Homestead and surrounded by densely populated neighborhoods, the site enjoys strong demographics and steady foot traffic. With excellent ingress and egress and proximity to major thoroughfares, this property is a standout investment in a growing and dynamic market.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
18,691 SF
Building Class
C
Year Built
1956
Price
$5,600,000
Price Per SF
$299.61
Cap Rate
7.74%
NOI
$433,440
Percent Leased
85%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
2.42 AC
Zoning
6200 - Commercial
Parking
25 Spaces (1.34 Spaces per 1,000 SF Leased)
Frontage
472’ on Southwest 152nd Avenue
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- La Ranchera Meat Market
- Retailer
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| La Ranchera Meat Market | Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
The space offers end-cap exposure to the adjacent Exxon Gas Station for prime visibility, formerly built out as a 2nd generation restaurant but offering flexible options for a multitude of service-oriented retail and medical office operations.
| Space | Size | Space Use | Position | Available |
| 29353 | 2,772 SF | Restaurant | End Cap | Now |
29353
| Size |
| 2,772 SF |
| Space Use |
| Restaurant |
| Position |
| End Cap |
| Available |
| Now |
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
29353
| Size | 2,772 SF |
| Space Use | Restaurant |
| Position | End Cap |
| Available | Now |
The space offers end-cap exposure to the adjacent Exxon Gas Station for prime visibility, formerly built out as a 2nd generation restaurant but offering flexible options for a multitude of service-oriented retail and medical office operations.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $826,514 | |
| Land Assessment | $1,753,400 | Total Assessment | $3,507,018 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,753,400
Improvements Assessment
$826,514
Total Assessment
$3,507,018
1 of 15
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Leisure City Retail Center | 29345 SW 152nd Ave
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