Investment Overview

Marcus & Millichap is pleased to present 12450 SW 8th Street, Miami, FL — an opportunity to acquire a stabilized retail asset in the heart of West Miami with meaningful upside potential. The property is anchored by Tire Kingdom, which occupies the majority of the building and has operated at the site since 1987, demonstrating long-term tenant commitment and location strength. The second tenant, Stop & Go Auto Center, occupies a smaller portion of the property and has no remaining renewal options, presenting a potential repositioning or re-tenanting opportunity. Strategically located along SW 8th Street (Tamiami Trail) — a major east-west corridor with over 54,000 vehicles per day — the site offers exceptional visibility and access. It is also just 0.5 miles from the Florida Turnpike, providing direct regional connectivity. Importantly, current rents are below market, creating near-term upside through lease renegotiation or tenant turnover. The surrounding area features over 290,000 residents within a 5-mile radius, with strong purchasing power and consistent population growth. With stable in-place cash flow, immediate value-add potential, and a high-traffic location, 12450 SW 8th Street offers investors an ideal blend of income durability and long-term upside in one of Miami’s most active submarkets.