FOR SALE | |||
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Code: | 3921H23 | |||
City: | Homestead | |||
Retail Type: | ||||
Price: | $ 24,495,000 | |||
Cap. Rate: | ||||
Tenancy: | ||||
Retail Sq.Ft.: | 0 | |||
Lot. Area Sq. Ft.: | 8.62 | |||
Parking: | Common Parking, Free Parking, Other Parking | |||
Year: | 1983 | |||
Lee & Associates South Florida is pleased to present an excellent value-add opportunity of 94,240 SF Neighborhood Retail Center. This 9 AC site offers over 600 feet of retail frontage on US-1 S Dixie Hwy, with high daily traffic counts over 46,000 AADT. The 94k SF building was recently redeveloped and leased to a gym, medical center, grocer, and several other national credit tenants. This center is adjacent to the Fresco Y Mas grocery-anchored Naranja Shopping Center, adjacent to a Mastec development project behind the property, and near a new Walmart Neighborhood Center, new Home Depot redevelopment and several high-density housing developments by Lennar, DR Horton, and others continuing to deliver new construction homes to meet the high demand of the skyrocketing population growth. | ||||
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