20425 Old Cutler RdCutler Bay, FL 33189

Property Details for 20425 Old Cutler Rd

Year built

1987

Construction

CONCRETE

Lot size

8.80 AC

Property size (Sq ft)

100,712 SF

Zone code

6103:NEIGHBRHD-ARTERIAL

Property type

Community centers

APN

36-6009-018-0040

APU

3660090180040

Description

This exceptional retail opportunity presents two available spaces within the Old Cutler Towne Center, a well-established shopping center located at 20425 Old Cutler Road in Cutler Bay, Florida, 33189. The center boasts a total of 106,427 square feet of retail space, offering a vibrant and accessible location for businesses seeking high visibility and foot traffic. Currently, 1,897 square feet of space is available for lease, with individual units ranging from a minimum of 937 square feet to a maximum contiguous space of 960 square feet. This allows for flexibility in accommodating a variety of retail concepts, from smaller boutiques to larger stores. The property is situated in Miami-Dade County, within the Quail Heights area, providing convenient access to major roadways and a dense residential population. The center's established presence and strong tenant mix create a thriving commercial environment, making it an ideal location for businesses looking to establish or expand their presence in the South Florida market. The property is classified as a multi-tenant shopping center, ensuring a diverse and complementary tenant base. Interested parties are encouraged to inquire about lease terms and availability for these highly desirable retail spaces. This is a rare opportunity to secure a prime location in a thriving retail center.

• CAP approach

  CAP return

  Valuation

  6%

  $107,656,056

  6.5%

  $99,374,816

  7%

  $92,276,616

• Comparable approach

  Method

  Valuation

  Relative Method

  $83,428,976

  Geo Method

  $83,428,976

• Alternative Use

  Use

  Valuation

  Residential

  $83,826,376

  Hospitality

  $76,784,512

  Educational

  $63,883,812

  Medical

  $66,080,876

  Retail

  $99,374,816

Location Insight

City

Cutler Bay

County

Miami-dade

State

Florida

Latitude

25.5769

Longitude

-80.3375

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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