Courtesy of: Monica Hurtado, Fortune Christie's Intl R.E., ask@luxurybymonica.com
Courtesy of: Monica Hurtado, Fortune Christie's Intl R.E., ask@luxurybymonica.com
$2,000,000
|
Retail
|
$2,000,000
12985 W Dixie Hwy Stabilized 7-Unit Retail Investment | 6.66% Cap | Value-Add Offered at $2, 000, 000, this fully leased neighborhood retail center sits on a high-visibility corner at 12985 W Dixie Hwy in North Miami. The 7, 742 SF building offers strong frontage, parking, and steady traffic exposure. The property generates $146, 936 gross income with an estimated $133, 249 NOI, reflecting a 6.66% cap rate. All seven units are leased to established tenants on 2–3 year terms, providing stable cash flow with near-term upside. Several rents are below market, offering repositioning potential, and one underperforming unit presents additional value-add opportunity. Built in 1956, zoned 6600, and surrounded by ongoing development. Detailed rent roll and financials available with NDA.
Courtesy of: Monica Hurtado, Fortune Christie's Intl R.E., ask@luxurybymonica.com
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