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Landmark Retail Property on U.S. 1 8865 S Dixie Hwy 12,112 SF Retail Building Miami, FL 33156 $13,819,608 CAD ($1,140.98 CAD/SF) 4.68% Cap Rate

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INVESTMENT HIGHLIGHTS

Heavy Daytime Traffic
Excellent Signage Opportunities

Free Standing Building with 45 parking spaces

EXECUTIVE SUMMARY

One of the most recognized retail properties on U.S. 1. Located in the Dadeland area with a traffic count of nearly 90,000 cars per day. This unique location also allows for quick access to North Kendall Drive via the rear public street, which also provides access to U.S. 1 in North and South directions. This free-standing building is suitable for both owner-user and investment property. Neighboring businesses include Dadeland Mall including the new Dicks House of Sport, Bank of America, Trader Joes, City Furniture, Target, Best Buy and many more. Tall ceilings and incredible display areas.

8865 S. Dixie Hwy Survey

8865 S. Dixie Hwy Second Floor Plan

8865 S Dixie Hwy First Floor Plan

PROPERTY FACTS

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Freestanding

Building Size

12,112 SF

Building Class

Year Built

2002

Price

$13,819,608 CAD

Price Per SF

$1,140.98 CAD

Cap Rate

4.68%

NOI

$647,428 CAD

Tenancy

Single

Building Height

2 Stories

Building FAR

0.47

Lot Size

0.59 AC

Zoning

BU-2, County - BU-2 has an extensive list of permitted uses. Property is located within the City of Pinecrest.

Parking

45 Spaces (3.72 Spaces per 1,000 SF Leased)

Frontage

168’ on S Dixie Hwy

Banking
Signage

Monument Signage

Air Conditioning

Balcony

MAJOR TENANTS

Retailer
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