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Shopping Strip

17555 S Dixie Hwy

17555 S Dixie Hwy, Miami, FL 33157

Listing Price: $4,799,000

Cap Rate
6.62%
Gross SF
15,418
Rentable SF
15,418
Price/Gross SF
$311.26
Lot Size
1.10 acres
Year Built
1979

Investment Overview

Marcus & Millichap is pleased to exclusively present 17555-17595 South Dixie Highway, located in South Miami, Florida. The offering is an 100 percent occupied shopping center anchored by Winhold Montessori School, with a total rentable area of 15,418 square feet situated on a 1.1 acre lot. The property is strategically located on a strong retail corridor off of highly traveled South Dixie Highway (US 1). The opportunity offers an investor a stabilized asset with a diverse mix of tenants that hold strong leases, while still presenting future upside in converting the leases to a full triple net basis. The asset has been exceptionally maintained, presenting an opportunity with little to no deferred maintenance in a rapidly growing market.

Investment Highlights

  • 100% Occupied Center With Service Oriented Tenants
  • Anchored by Winhold Montessori School
  • Situated in a High Traffic Area
  • Stabilized Asset With Future Upside in Converting Leases to NNN

Exclusively Listed By

Listing Price: $4,799,000

Cap Rate
6.62%
Gross SF
15,418
Rentable SF
15,418
Price/Gross SF
$311.26
Lot Size
1.10 acres
Year Built
1979

Investment Highlights

  • 100% Occupied Center With Service Oriented Tenants
  • Anchored by Winhold Montessori School
  • Situated in a High Traffic Area
  • Stabilized Asset With Future Upside in Converting Leases to NNN

Investment Overview

Marcus & Millichap is pleased to exclusively present 17555-17595 South Dixie Highway, located in South Miami, Florida. The offering is an 100 percent occupied shopping center anchored by Winhold Montessori School, with a total rentable area of 15,418 square feet situated on a 1.1 acre lot. The property is strategically located on a strong retail corridor off of highly traveled South Dixie Highway (US 1). The opportunity offers an investor a stabilized asset with a diverse mix of tenants that hold strong leases, while still presenting future upside in converting the leases to a full triple net basis. The asset has been exceptionally maintained, presenting an opportunity with little to no deferred maintenance in a rapidly growing market.

Exclusively Listed By

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