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North Miami Beach Retail 2 biens | À vendre | 3 920 672 € | Miami, FL
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Prime North Miami Location: Situated just off I-95 and NW 167th Street, the properties offer excellent visibility, accessibility, connectivity.
- Diverse Tenant Mix / Flexible Zoning: Ideal for retail, office, or potential redevelopment; zoning allows for multiple end-user strategies.
- Strategic Corner Assembly: Properties are adjacent and internally connected, making this a unique opportunity for assemblage value and long-term hold.
- Combined Site Area: Over three-quarters of an acre, providing scale and flexibility for current operations and future value creation.
- Stabilized Income with Upside: Current rents are below market, with near-term rollover and vacancy providing an investor the ability to increase NOI.
RÉSUMÉ ANALYTIQUE
Marcus & Millichap is pleased to present the exclusive offering of North Miami Beach Retail — a two property, value-add portfolio totaling 12,128 square feet across 0.77 acres, consisting of 16000 N Miami Avenue and 37 NW 166th Street in Miami, Florida.
16000 N Miami Avenue spans 6,448 square feet on 0.46 acres and features 5 tenants across 8 units, anchored by two longstanding neighborhood businesses: Fuente Supermarket, a local grocery store serving the community since 2019, and Ray’s Cakes & Catering, a well-known bakery that has operated at this location since 2012.
37 NW 166th Street comprises 5,680 square feet on 0.31 acres and includes 8 units, with an average unit size of approximately 710 square feet. The property is occupied by a diverse mix of tenants, supporting stable income and broad leasing appeal.
Strategically located on a prominent corner in the rapidly evolving North Miami submarket, these adjacent, connecting properties offer a rare opportunity to acquire a contiguous mixed-use footprint with existing income and considerable upside through lease-up, repositioning, or redevelopment.
The portfolio features a combined occupancy of approximately 94%, delivering immediate in-place cash flow, while the short-term remaining lease terms across several tenants offer the ability to push rents and unlock additional value in the near term.
Whether repositioned for higher-yield tenancy, upgraded for enhanced retail or office use, or held as a covered land play, North Miami Beach Retail offers investors multiple exit strategies and a chance to control a high-visibility site in one of South Florida’s most dynamic growth corridors.
16000 N Miami Avenue spans 6,448 square feet on 0.46 acres and features 5 tenants across 8 units, anchored by two longstanding neighborhood businesses: Fuente Supermarket, a local grocery store serving the community since 2019, and Ray’s Cakes & Catering, a well-known bakery that has operated at this location since 2012.
37 NW 166th Street comprises 5,680 square feet on 0.31 acres and includes 8 units, with an average unit size of approximately 710 square feet. The property is occupied by a diverse mix of tenants, supporting stable income and broad leasing appeal.
Strategically located on a prominent corner in the rapidly evolving North Miami submarket, these adjacent, connecting properties offer a rare opportunity to acquire a contiguous mixed-use footprint with existing income and considerable upside through lease-up, repositioning, or redevelopment.
The portfolio features a combined occupancy of approximately 94%, delivering immediate in-place cash flow, while the short-term remaining lease terms across several tenants offer the ability to push rents and unlock additional value in the near term.
Whether repositioned for higher-yield tenancy, upgraded for enhanced retail or office use, or held as a covered land play, North Miami Beach Retail offers investors multiple exit strategies and a chance to control a high-visibility site in one of South Florida’s most dynamic growth corridors.
INFORMATIONS SUR L’IMMEUBLE
| Prix | 3 920 672 € | Nb de biens | 2 |
| Prix/m² | 3 488 € / m² | Individuellement en vente | 0 |
| Taux de capitalisation | 7,07 % | Surface totale de l’immeuble | 1 124 m² |
| Type de vente | Investissement | Surface totale du terrain | 0,31 ha |
| Statut | Actif |
| Prix | 3 920 672 € |
| Prix/m² | 3 488 € / m² |
| Taux de capitalisation | 7,07 % |
| Type de vente | Investissement |
| Statut | Actif |
| Nb de biens | 2 |
| Individuellement en vente | 0 |
| Surface totale de l’immeuble | 1 124 m² |
| Surface totale du terrain | 0,31 ha |
Biens
| NOM DU BIEN/ADRESSE | TYPE DE BIEN | SURFACE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
|---|---|---|---|---|
| 37-39 NW 166th St, Miami, FL 33169 | Bureau | 524 m² | 1981 | - |
| 16600-16614 N Miami Ave, Miami, FL 33169 | Local commercial | 600 m² | 1964 | - |
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North Miami Beach Retail
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