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Mixed-Use

Springs Town Center

1 Curtiss Pkwy, Miami Springs, FL 33166

Listing Price: Request For Offer

Number of Units
51
Occupancy
95.0%
Gross SF
133,427

Investment Overview

Marcus & Millichap is pleased to present Springs Town Center, a mixed-use property featuring (51) apartments and 23,073 square feet of ground-floor commercial located at 1 Curtiss Parkway in Miami Springs, Florida.

SUBJECT PROPERTY
Springs Town Center was constructed in 2024 and consists of 73,267 square feet of leasable area with 127 parking spaces, including 97 structured garage spaces and 30 on-street spaces. The 51 apartments consists of (40) two-bedroom/two-bathroom units averaging 918 square feet and (11) three-bedroom/three-bathroom units averaging 1,226 square feet. The property also includes (12) commercial suites totaling 23,073 square feet leasable.

LOCATION
Springs Town Center is located in the heart of Miami Springs, Florida, with a walk score of 93 (walker’s paradise), offering residents convenient access to numerous cafes, restaurants, retailers and service providers. The surrounding 5-mile area reports an average household income of $77,616. The property is also a short drive to Miami International Airport (2.6 miles), Hialeah Park Casino (2.6 miles), Miami Freedom Park & Soccer Village (3.4 miles), LoanDepot Park (5.1 miles), and Downtown Miami (9 miles).

Surrounding area retailers and points of interest include Starbucks, AT&T, Metro PCS, UPS Store, Coverall Medical Center, and Jimmy John’s (+/- 100 feet), CVS (0.1 miles), Circle Park (0.2 miles), Milam’s Market (0.2 miles), Publix Super Market at Hialeah (0.2 miles), Truist Bank (0.2 miles), Sushi Saki (0.3 miles), Miami Springs Farmers Market (0.3 miles), Walgreens Pharmacy (0.5 miles) and Miami Springs Golf & Country Club (0.8 miles).

Nearby educational facilities include Miami Springs Elementary School (0.4 miles), South Hialeah Elementary School (0.5 miles), Miami Springs Middle School (0.8 miles), and Miami Springs Senior High School (1.0 miles).

SUMMARY
Springs Town Center is being offered for sale unpriced, to be determined by the market.

Investment Highlights

  • Newly Constructed (2024) Institutional-Quality Mixed-Use Asset Requiring minimal near-term Capital Expenditures
  • (40) Two-Bedrooms, (11) Three-Bedroom Apartments, Averaging 984 SF with In-Place Rent of $3,114 per month
  • 23,073 Square Feet of Commercial (12 suites), Fully Leased at ~$34 per Square Foot NNN (see rent roll)
  • Walkable Miami Springs location minutes from Miami International Airport and major employment centers

Exclusively Listed By

Mixed-Use

Springs Town Center

Listing Price: Request For Offer

Number of Units
51
Occupancy
95.0%
Gross SF
133,427

Investment Highlights

  • Newly Constructed (2024) Institutional-Quality Mixed-Use Asset Requiring minimal near-term Capital Expenditures
  • (40) Two-Bedrooms, (11) Three-Bedroom Apartments, Averaging 984 SF with In-Place Rent of $3,114 per month
  • 23,073 Square Feet of Commercial (12 suites), Fully Leased at ~$34 per Square Foot NNN (see rent roll)
  • Walkable Miami Springs location minutes from Miami International Airport and major employment centers

Investment Overview

Marcus & Millichap is pleased to present Springs Town Center, a mixed-use property featuring (51) apartments and 23,073 square feet of ground-floor commercial located at 1 Curtiss Parkway in Miami Springs, Florida. SUBJECT PROPERTY Springs Town Center was constructed in 2024 and consists of 73,267 square feet of leasable area with 127 parking spaces, including 97 structured garage spaces and 30 on-street spaces. The 51 apartments consists of (40) two-bedroom/two-bathroom units averaging 918 square feet and (11) three-bedroom/three-bathroom units averaging 1,226 square feet. The property also includes (12) commercial suites totaling 23,073 square feet leasable. LOCATION Springs Town Center is located in the heart of Miami Springs, Florida, with a walk score of 93 (walker’s paradise), offering residents convenient access to numerous cafes, restaurants, retailers and service providers. The surrounding 5-mile area reports an average household income of $77,616. The property is also a short drive to Miami International Airport (2.6 miles), Hialeah Park Casino (2.6 miles), Miami Freedom Park & Soccer Village (3.4 miles), LoanDepot Park (5.1 miles), and Downtown Miami (9 miles). Surrounding area retailers and points of interest include Starbucks, AT&T, Metro PCS, UPS Store, Coverall Medical Center, and Jimmy John’s (+/- 100 feet), CVS (0.1 miles), Circle Park (0.2 miles), Milam’s Market (0.2 miles), Publix Super Market at Hialeah (0.2 miles), Truist Bank (0.2 miles), Sushi Saki (0.3 miles), Miami Springs Farmers Market (0.3 miles), Walgreens Pharmacy (0.5 miles) and Miami Springs Golf & Country Club (0.8 miles). Nearby educational facilities include Miami Springs Elementary School (0.4 miles), South Hialeah Elementary School (0.5 miles), Miami Springs Middle School (0.8 miles), and Miami Springs Senior High School (1.0 miles). SUMMARY Springs Town Center is being offered for sale unpriced, to be determined by the market.

Exclusively Listed By

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