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119th Plaza 1057-1067 NW 119th St 9 300 pi² 100% Loué Commerce de détail Immeuble Miami, FL 33168 4 568 850 $ CAD (491,27 $ CAD/pi²) 7% Taux de capitalisation
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Building Size: 9,300 SF Lot Size: 0.51 AC Parking: 38 Spaces Zoning: C-1
- Prime Accessibility just off the I-95 and 7th Avenue interchange.
- Built-in local customer base with 180,000+ residents nearby
- 88' of direct frontage on major thoroughfare and retail corridor seeing over 40,000 vehicles per day
- Renovated Property with a New Roof and 40 and 50 year Inspection Passed
RÉSUMÉ DE L'ANNONCE
REQUEST ACCESS TO FULL OFFERING MEMORANDUM FOR DETAILS.
Lee & Associates presents 119th Plaza, a fully occupied 9,300 SF retail storefront center strategically positioned with 88 feet of prime frontage on NW 119th Street. Built-in 1960 and meticulously maintained, the single-story property features a diverse tenant mix and boasts a new roof and upgraded parking surface. The center supports high customer traffic and tenant convenience with 38 on-site parking spaces (4.09 per 1,000 SF). Zoned C-1 on a 0.51-acre lot with a 0.42 FAR, this retail asset is a rare opportunity in a high-demand market, ideal for investors seeking stable, in-place income in a thriving commercial corridor.
Exceptionally located just off Interstate 95 and 7th Avenue, this retail center benefits from outstanding exposure with over 40,000 cars per day on 119th Street and 32,000 on 7th Avenue. The property lies in a dense, dynamic neighborhood with a population exceeding 180,000 within a 3-mile radius and ongoing development activity driving continued growth. Tenants enjoy unparalleled access to major transit arteries and proximity to key infrastructure including Opa-Locka Executive Airport, Miami International Airport, Port of Miami, and Port Everglades, reinforcing the site’s regional connectivity and appeal.
Lee & Associates presents 119th Plaza, a fully occupied 9,300 SF retail storefront center strategically positioned with 88 feet of prime frontage on NW 119th Street. Built-in 1960 and meticulously maintained, the single-story property features a diverse tenant mix and boasts a new roof and upgraded parking surface. The center supports high customer traffic and tenant convenience with 38 on-site parking spaces (4.09 per 1,000 SF). Zoned C-1 on a 0.51-acre lot with a 0.42 FAR, this retail asset is a rare opportunity in a high-demand market, ideal for investors seeking stable, in-place income in a thriving commercial corridor.
Exceptionally located just off Interstate 95 and 7th Avenue, this retail center benefits from outstanding exposure with over 40,000 cars per day on 119th Street and 32,000 on 7th Avenue. The property lies in a dense, dynamic neighborhood with a population exceeding 180,000 within a 3-mile radius and ongoing development activity driving continued growth. Tenants enjoy unparalleled access to major transit arteries and proximity to key infrastructure including Opa-Locka Executive Airport, Miami International Airport, Port of Miami, and Port Everglades, reinforcing the site’s regional connectivity and appeal.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement
Condition de vente
1031 Échange
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
9 300 pi²
Classe d’immeuble
C
Année de construction
1960
Prix
4 568 850 $ CAD
Prix par pi²
491,27 $ CAD
Taux de capitalisation
7%
Revenu net d’exploitation
319 604 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,42
Taille du lot
0,51 AC
Zonage
C-1 - Commercial
Stationnement
38 places (4,09 places par 1 000 pi² loué)
Façade
88’ sur NW 119th St
COMMODITÉS
- Ligne d'autobus
Walk Score®
Très pratique à pied (77)
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 684 905 $ CAD | |
| Évaluation du terrain | 940 581 $ CAD | Évaluation totale | 1 625 486 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
940 581 $ CAD
Évaluation des bâtiments
684 905 $ CAD
Évaluation totale
1 625 486 $ CAD
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119th Plaza | 1057-1067 NW 119th St
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