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S Dixie Strip Center 14301-14307 S Dixie Hwy 9,000 SF 50% Leased Retail Building Miami, FL 33176 $5,538,819 CAD ($615.42 CAD/SF) 7.06% Cap Rate
Investment Highlights
- Value-Add Retail Strip Center Investment Opportunity, Featuring Major Upside Through Lease-Up of Two of Four Units, Totaling 50% of the GLA
- Positioned in the Heart of Palmetto Bay, a Densely Populated, Affluent Residential Corridor of South Miami-Dade County
- Dense National Credit Retail Corridor Featuring Publix, Target, BJ’s Wholesale, Trader Joe’s, Whole Foods, Marshalls, and The Home Depot
- Located on US-1/South Dixie Highway with Direct Frontage and Exposure to Over 57,500 Vehicles Per Day, Providing Exceptional Visibility for Tenant
- Characterized by High Household Incomes and Stable, Owner- Occupied Single-Family Neighborhoods Supporting Strong Tenant Sales Potential
- Nearby Major Demand Generators Including The Falls Shopping Center, Baptist Hospital, South Miami Hospital and Jackson South Medical Center
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,000 SF
Building Class
B
Year Built
1986
Price
$5,538,819 CAD
Price Per SF
$615.42 CAD
Cap Rate
7.06%
NOI
$391,041 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.45
Lot Size
0.46 AC
Zoning
BU-2 - BU-2 ZONING - STRICTLY RETAIL ONLY
Parking
26 Spaces (2.89 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Freeway Visibility
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Benjamin Moore
- Retailer
- 2,250 SF
- -
- -
- Old Cutler Pharmacy
- Retailer
- 2,250 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Benjamin Moore | Retailer | 2,250 SF | - | - | ||
| Old Cutler Pharmacy | Retailer | 2,250 SF | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
It’s a high-visibility spot in a prime luxury corridor of Pinecrest and Palmetto Bay with incredible daily traffic. Expand into the booming Miami market.
Direct US1 Frontage Excellent Traffic Count Priced Below Market
| Space | Size | Space Use | Position | Available |
| 14301 | 2,250 SF | Retail | - | Now |
| 14307 | 2,250 SF | Retail | - | Now |
14301
| Size |
| 2,250 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
14307
| Size |
| 2,250 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
14301
| Size | 2,250 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
It’s a high-visibility spot in a prime luxury corridor of Pinecrest and Palmetto Bay with incredible daily traffic. Expand into the booming Miami market.
14307
| Size | 2,250 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Direct US1 Frontage Excellent Traffic Count Priced Below Market
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 33-5021-002-0120 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $3,358,876 CAD |
Property Taxes
Parcel Number
33-5021-002-0120
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,358,876 CAD
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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S Dixie Strip Center | 14301-14307 S Dixie Hwy
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