Retail – 5,023 SF in Miami Gardens, FL – Value-Add Opportunity with Below-Market Rents

Category: Retail

Price:$1,600,000

Location: Miami Gardens, FL

Year Built: 1962

Days on Market: 38

Description:

The property is being offered as a value-add neighborhood strip center with in-place rents below current market levels and a strong owner-user component. The center contains approximately 5,023 SF on a 20,323 SF lot and is positioned along a highly visible, high-traffic main roadway. The asset is in solid physical condition, with a new roof completed in 2019 and a recently resurfaced parking lot, limiting near-term capital requirements for a new owner. The offering presents clear upside through future rent growth, tenant repositioning and potential owner occupancy, making it an attractive opportunity for both investors and owner-users seeking a well-located retail property with built-in value enhancement.

Value-add strip center with below-market rents, main road visibility, recent roof and parking upgrades, and owner-user potential.

Listing Code: 1152932047