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Investment Highlights

  • National Credit Tenancy
  • Airport-Oriented Location
  • Dense Daytime Population

Executive Summary

Avison Young is pleased to exclusively offer for sale Blue Lagoon Shoppes, a 29,205 SF, institutional-quality retail center strategically positioned at the primary gateway to the Waterford Business District, one of Miami’s most established and densely concentrated employment nodes.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
29,205 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2021
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
2.41 AC
Zoning
6400 - Retail
Parking
164 Spaces (5.62 Spaces per 1,000 SF Leased)
Frontage
432’ on Waterford District Drive

Amenities

  • Banking
  • Freeway Visibility
  • Pylon Sign
  • Car Charging Station
  • Air Conditioning

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • Jan 0000

Jersey Mike’s began as Mike’s Subs in 1956 on the Jersey Shore and later grew into a franchised sandwich business known for East Coast-style subs prepared “Mike’s Way,” with onions, lettuce, tomatoes, oil, vinegar, and spices. The company focuses on submarine sandwiches, wraps, bowls, catering, and online ordering, while also selling chips, drinks, desserts, and other menu items through its restaurant system. Jersey Mike’s has expanded into a large North American chain with thousands of locations and continues to emphasize fresh-sliced meats and cheeses, in-store baked bread, and made-to-order service.

Tenant Industry SF Occupied Rent/SF Lease End
Accommodation and Food Services - - Jan 0000
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
20/100

Nearby Major Retailers

Starbucks
Publix
TD Bank
Wells Fargo Home Mortgage
Truist Bank
First Watch
Giardino Gourmet Salads
Bank of America
The Coffee Bean & Tea Leaf
Chili's Grill & Bar

Property Taxes

Property Taxes

Parcel Number
30-3131-015-0020
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$8,437,978 CAD
  • Listing ID: 40402046

  • Date on Market: 2026-05-05

  • Last Updated:

  • Address: 5600 Waterford District Dr, Miami, FL 33126

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