Investment Overview

Positioned in the heart of Miami’s high-energy Hialeah submarket, this brand-new two-tenant asset delivers the kind of strength and visibility that investors seek. Anchored by Taco Bell and Amerant Bank (NYSE: AMTB), the property offers an exceptional blend of tenant credibility, built-in growth, and prime real estate fundamentals. Taco Bell is operated by Coastal QSR Holdings, one of the top 20 Taco Bell franchisees nationwide. Coastal manages approximately 56 Taco Bell locations across Florida and is a wholly owned subsidiary of Prometheus Partners, one of the largest Taco Bell franchise groups in the country with a portfolio of approximately 190 Taco Bell and 50 IHOP restaurants. Amerant Bank, meanwhile, adds financial stability and community presence. As Florida’s largest community bank, Amerant has elevated its profile through sponsorships including naming rights to Amerant Bank Arena, home of the Florida Panthers—back-to-back Stanley Cup champions. Both tenants benefit from scheduled rent increases throughout their base terms and options, providing reliable income growth. The property is part of a newly developed mixed-use project that is already buzzing with activity, including Wawa, Youfit Fitness, VivaMás Medical Center, and the 260-unit Pura Vida apartments directly next door. The combination of retail, medical, and residential on site creates a steady stream of daily foot traffic and repeat customer visits. Add to this the property’s hard-corner visibility at Okeechobee Road, 29th Street, and 16th Avenue—with more than 87,000 vehicles per day – and the result is one of the most dynamic retail corners in South Florida. The surrounding market is one of South Florida’s most vibrant. Within five miles, more than 400,000 residents and a daytime population of 230,000 within three miles drive strong daily demand. One mile away, Westland Mall’s 100+ stores add regional traffic, while national retailers from Walmart and Target to Lowe’s, Best Buy, Aldi, and McDonald’s line the corridor. Less than four miles from the property, the nearby Metro Parc developments, totaling more than 1,200 new residential units and significant retail space, will further energize the trade area. This offering combines brand-name tenancy, a built-in residential and retail ecosystem, and one of the most visible corners in Miami’s booming metro. For investors, it represents the chance to secure a rare, fully occupied retail asset with strong tenant credibility and powerful surrounding demand drivers.