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KAP Center 12740-12750 W Dixie Hwy 5,383 SF 100% Leased Retail Building North Miami, FL 33161 $2,233,472 CAD ($414.91 CAD/SF)
INVESTMENT HIGHLIGHTS
- Offered well below market on a price-per-square-foot basis with significant upside potential.
- Located in a high-demand trade area with only 2.9% vacancy in the submarket and 3.2% overall Miami retail vacancy
- Dense urban corridor with strong demographics and sustained retail growth momentum
- All four tenants on M-to-M leases, allowing immediate ability to bring rents to market (CoStar market rents at $50 PSF vs. $37 PSF submarket avg.
- Includes fully built-out restaurant space with hood vent, FF&E, and take-out window, reducing upfront buildout costs four flexible units
- Prime frontage on W Dixie Hwy, with dual access and dedicated parking in both the front and rear of the property
EXECUTIVE SUMMARY
The KAP Center is a ±5,910 SF retail property at 12750 W Dixie Hwy in the heart of Downtown North Miami, ideally positioned adjacent to a Publix reportedly generating over $70M in annual sales.
The property features four versatile units — including a fully built-out restaurant with hood vent, FF&E, and takeout window — all on month-to-month leases, allowing
a new owner to either continue collecting income or occupy the entire building for their own business.
The property features four versatile units — including a fully built-out restaurant with hood vent, FF&E, and takeout window — all on month-to-month leases, allowing
a new owner to either continue collecting income or occupy the entire building for their own business.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
5,383 SF
Building Class
C
Year Built
1955
Price
$2,233,472 CAD
Price Per SF
$414.91 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.64
Lot Size
0.19 AC
Zoning
C-3, North Miami - Liberal Mixed-Use, permitted MM Dispensary
Parking
15 Spaces (2.79 Spaces per 1,000 SF Leased)
Frontage
95’ on W Dixie Hwy
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Friendly Cafeteria
- Retailer
- -
- -
- -
- Meso Research
- Professional, Scientific, and Technical Services
- -
- -
- -
- Simon Lumiere Restaurant
- Retailer
- -
- -
- -
- Tica Designer Cakes
- Manufacturing
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Friendly Cafeteria | Retailer | - | - | - | ||
| Meso Research | Professional, Scientific, and Technical Services | - | - | - | ||
| Simon Lumiere Restaurant | Retailer | - | - | - | ||
| Tica Designer Cakes | Manufacturing | - | - | - |
Walk Score®
Very Walkable (89)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06-2230-004-0290 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,006,672 CAD |
PROPERTY TAXES
Parcel Number
06-2230-004-0290
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,006,672 CAD
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KAP Center | 12740-12750 W Dixie Hwy
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