Single-Tenant Vacant-User
Palmetto Bay Vacant Single Tenant Retail Building
15657 S Dixie Hwy, Miami, FL 33157
Listing Price: $2,950,000
Investment Overview
Marcus & Millichap is pleased to present for sale, Palmetto Bay Vacant Single Tenant Retail Building located in prime US 1 - South Dixie Highway. The offering presents a rare opportunity to acquire a freestanding retail asset along one of South Miami-Dade County's most heavily traveled commercial corridors. Located directly on US-1/South Dixie Highway with exposure to approximately 57,500 vehicles per day, the property offers immediate occupancy for an owner-user, as well as flexibility for investors seeking a lease-up, repositioning, or redevelopment opportunity.
Situated within the affluent community of Palmetto Bay, the asset benefits from a dense and established residential base, with average household incomes of approximately $142,796 within one mile and a population exceeding 100,900 residents within three miles. The surrounding trade area is anchored by major national retailers including Publix, Target, BJ's Wholesale, Trader Joe's, Whole Foods, Marshalls, and The Home Depot, creating a highly desirable retail corridor that attracts consistent consumer traffic.
Palmetto Bay Vacant Single Tenant Retail Building
Investment Highlights
- Rare Vacant, Single-Tenant Retail Building Offering Immediate Occupancy for an Owner-User or Value Add Lease-Up Opportunity for an Investor
- Prime US-1/South Dixie Highway Frontage with Direct Exposure to Over 57,500 Vehicles Per Day, Includes Southbound Turn-In Lane
- Positioned in the Heart of Palmetto Bay, an Affluent, Densely Populated Residential Corridor with Average Household Incomes Nearing $143,000 Within One Mile, Supporting Strong Tenant Sales Potential
Exclusively Listed By
Financing By
Single-Tenant Vacant-User
Palmetto Bay Vacant Single Tenant Retail Building
Listing Price: $2,950,000
Investment Highlights
- Rare Vacant, Single-Tenant Retail Building Offering Immediate Occupancy for an Owner-User or Value Add Lease-Up Opportunity for an Investor
- Prime US-1/South Dixie Highway Frontage with Direct Exposure to Over 57,500 Vehicles Per Day, Includes Southbound Turn-In Lane
- Positioned in the Heart of Palmetto Bay, an Affluent, Densely Populated Residential Corridor with Average Household Incomes Nearing $143,000 Within One Mile, Supporting Strong Tenant Sales Potential
Investment Overview
Marcus & Millichap is pleased to present for sale, Palmetto Bay Vacant Single Tenant Retail Building located in prime US 1 - South Dixie Highway. The offering presents a rare opportunity to acquire a freestanding retail asset along one of South Miami-Dade County's most heavily traveled commercial corridors. Located directly on US-1/South Dixie Highway with exposure to approximately 57,500 vehicles per day, the property offers immediate occupancy for an owner-user, as well as flexibility for investors seeking a lease-up, repositioning, or redevelopment opportunity. Situated within the affluent community of Palmetto Bay, the asset benefits from a dense and established residential base, with average household incomes of approximately $142,796 within one mile and a population exceeding 100,900 residents within three miles. The surrounding trade area is anchored by major national retailers including Publix, Target, BJ's Wholesale, Trader Joe's, Whole Foods, Marshalls, and The Home Depot, creating a highly desirable retail corridor that attracts consistent consumer traffic.
Exclusively Listed By
Financing By
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