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Freestanding Retail Bldg. With Double Dr Thru 2499 SW 101st Ave 14,560 SF Retail Building Miramar, FL 33025 $7,119,192 CAD ($488.96 CAD/SF)



INVESTMENT HIGHLIGHTS
- Ample surface parking for 67 vehicles
- Consistent daytime traffic and provides a strong employment base.
- 14,560 SF | 1.77-Acre Parcel
- Ideal for pharmacy, medical, or quick-service retail uses
- Freestanding retail building formerly occupied by Walgreens
EXECUTIVE SUMMARY
Karson & Co. & The Porosoff Group of Compass Florida are pleased to present exclusively for sale 2499 Palm Avenue in Miramar, Florida, is a high-quality, freestanding retail building formerly occupied by Walgreens. Constructed in 2007, the building spans approximately 14,560 square feet and sits on a generous 1.77-acre parcel with ample surface parking for 67 vehicles, equating to a strong parking ratio of 4.6 spaces per 1,000 square feet.
The structure is well-maintained and features a functional layout with a dedicated drive-thru lane, making it ideal for pharmacy, medical, or quick-service retail uses. Located at a signalized intersection on the northeast corner of Palm Avenue and Miramar Boulevard, the property enjoys excellent visibility and accessibility, with multiple points of ingress and egress. It is directly across from the Miramar Park of Commerce, one of the largest corporate parks in South Florida, which drives consistent daytime traffic and provides a strong employment base.
The surrounding area is densely populated and continues to experience residential and commercial growth, enhancing the long-term value and viability of the site. Zoned TND (Traditional Neighborhood Development), the property allows for a variety of commercial uses, offering flexibility for both investors and end-users. With a triple net lease structure and a competitive asking rate, this asset presents a compelling opportunity for repositioning or re-tenanting in a thriving suburban market.
The structure is well-maintained and features a functional layout with a dedicated drive-thru lane, making it ideal for pharmacy, medical, or quick-service retail uses. Located at a signalized intersection on the northeast corner of Palm Avenue and Miramar Boulevard, the property enjoys excellent visibility and accessibility, with multiple points of ingress and egress. It is directly across from the Miramar Park of Commerce, one of the largest corporate parks in South Florida, which drives consistent daytime traffic and provides a strong employment base.
The surrounding area is densely populated and continues to experience residential and commercial growth, enhancing the long-term value and viability of the site. Zoned TND (Traditional Neighborhood Development), the property allows for a variety of commercial uses, offering flexibility for both investors and end-users. With a triple net lease structure and a competitive asking rate, this asset presents a compelling opportunity for repositioning or re-tenanting in a thriving suburban market.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
14,560 SF
Building Class
C
Year Built
2007
Price
$7,119,192 CAD
Price Per SF
$488.96 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.77 AC
Zoning
TND - Pharmacy excluded.
Parking
67 Spaces (4.6 Spaces per 1,000 SF Leased)
Frontage
246’ on Palm Ave
AMENITIES
- Signage
- Signalized Intersection
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 51-41-20-27-0025 | Improvements Assessment | $5,350,113 CAD |
| Land Assessment | $1,650,318 CAD | Total Assessment | $7,000,431 CAD |
PROPERTY TAXES
Parcel Number
51-41-20-27-0025
Land Assessment
$1,650,318 CAD
Improvements Assessment
$5,350,113 CAD
Total Assessment
$7,000,431 CAD
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Freestanding Retail Bldg. With Double Dr Thru | 2499 SW 101st Ave
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