Investment Overview

Marcus & Millichap is pleased to present for sale this retail asset located at 1055 West Flagler Street in Miami’s Little Havana Neighborhood. This property consists of 20,655 SF of building sitting on a 21,000 SF parcel. Situated on the corner of 11th Avenue and West Flagler street, this property is exposed to traffic counts of roughly 20,000 vehicles per day. 1055 W Flagler Street is strategically located in the heart of Miami less than 10 minutes from major attractions such as Marlins Park, Downtown Miami, Calle Ocho, and home of the Miami Heat; the Kaseya Center. This site not only has below market rent but has favorable zoning allowing for the construction of 72 multifamily units. Little Havana is one of the fastest growing neighborhoods in all of Miami with thousands of multifamily units predicted to be completed within the coming years. Additionally, Little Havana boast over 315,000 people within a 3-mile radius, and Jackson Health Systems employs over 10,500 people.