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Active
$2,100,000
12985 W Dixie Hwy, North Miami FL 33161
📍 North Miami, FL, 33161
🏗1956Año constr.

Descripción

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.

Detalles de la propiedad

Tipo / Type Commercial Sale
Subtipo / Subtype Retail
Estado / Status Active
Condado / County Miami-Dade County
Código postal / ZIP 33161
Año construido / Year built 1956
Listing Key a80d381224770cb022817d586de4462b

Ubicación

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