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.
MLS# | A11286464 |
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Listing Type | For Sale |
Style | Retail |
Building Name | Shoppes at Naranja Lakes |
Sub-Type | Resale |
Status | Active |
Year | 1983 |
Days On Site | 704 |
Listing Provided By | Lee & Associates Miami | Matthew Rotolante |
SQ Feet | 94,240 |
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Zoning | 6072 |
Acreage | 8.62 |
State | FL |
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County | Miami Dade County |
City | Homestead |
Zip Code | 33032 |
Area | 69 |
Listing VS Median (in 33032) | |
Price: $26,000,000 low | high Med: $425,000 SqFt: 94,240 low | high Med: 1,597 $ / SqFt: $276 low | high Med: $267 On Site: 704 low | high Med: 11.500000 |