For Sale
$13,000,000

13750 107Th Ave Hialeah Gardens, FL 33018

High-yield retail center, 20,741 SF, 5.69% CAP.

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 20,741-square-foot shopping center in Hialeah Gardens, Florida, presents a lucrative investment opportunity. Located at 13750 NW 107th Ave, 33018, this multi-tenant retail property boasts a strong 5.69% capitalization rate and a substantial net operating income (NOI) of $739,449. The asking price is $13,000,000, translating to a price per square foot of $626.78. Completed in 2020, the center is currently 100% occupied, ensuring a steady income stream. The property features a triple-net (NNN) lease structure, minimizing landlord responsibilities. Ample parking is provided, with a ratio of 5.33 spaces per 1,000 square feet. The strategic location benefits from exceptional visibility and high traffic volume, exceeding 49,000 vehicles daily at the intersection. Concentra Health Services serves as a key anchor tenant, further enhancing the property's value and stability. This is a rare opportunity to acquire a high-performing, newly constructed retail center in a thriving Miami-Dade County market.

Highlights

  • 20,741 SF shopping center in Hialeah Gardens, FL (13750 NW 107th Ave, 33018).
  • $13,000,000 asking price, $626.78/SF.
  • 5.69% cap rate, $739,449 NOI.
  • 100% occupied, NNN leases, built in 2020.
  • 5.33 parking spaces per 1,000 SF, high visibility, >49,000 VPD.
  • Concentra Health Services as anchor tenant.

Property Details for 13750 107Th Ave

Property type
Lifestyle centers, Power centers
Square Feet
20,741 SF

Location Insight

City
Hialeah Gardens
County
Miami-Dade
State
Florida
Latitude
25.8980189
Longitude
-80.3730419

FAQs

What type of property is this?
Lifestyle center - High-yield retail center, 20,741 SF, 5.69% CAP.
Where is the lifestyle center located?
The property is located at 13750 107Th Ave Hialeah Gardens, FL.
What is the asking price?
The asking price for this property is $13,000,000.
What are key features of this property?
This property features: 20,741 SF shopping center in Hialeah Gardens, FL (13750 NW 107th Ave, 33018).; $13,000,000 asking price, $626.78/SF.; 5.69% cap rate, $739,449 NOI.
How can I contact the broker?
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13750 107Th Ave
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