Retail
Strip Center

Fully Occupied Retail Strip for sale in Miami

12750 West Dixie Highway,  North Miami, Florida 33161

For Sale

$1,300,000

About 12750 West Dixie Highway

Located of North Miami CRA and Enterprise Zone. Tremendous opportunity for an experienced landlord to capitalize on this property's potential income! Lease rates are UNDER market value. Three of the four tenants each occupy approx 1,000 sf while the restaurant occupies approx 2,445 sf and uses the second floor for additional storage. All but the restaurant are on short term leases. There's plenty of parking in the front, side and rear of the building. Current closed retail leases in the area are between $15¬$18 PSF. Future Land Use Designation (FLU)
Investment
C-3
Multi-Tenant
C
Existing
1955
2
3.82%
5,445 SqFt
8,250 SqFt
South Florida
Zoned Permitted for Medical Marijuana Dispensary
Value¬-Add Center with Below Market Rents Seller Financing Available
Located of North Miami CRA and Enterprise Zone
Excellent Visibility¬ Dixie Hwy Frontage
Heavy Traffic Road approx 30,000 autos daily
Short Term Leases
Emerging Market Area
Easy Access with close proximity to I¬95 and Biscayne Blvd
Two Streets from N Miami's Downtown District
Under Valued and Overlooked Area
A Lot of Sales Activity in the Area
Attachments & Links

Richard Edwards

Broker

Edwards Realty Services

20501 NE 22 Ave
Aventura, FL 33180