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Shopping Strip

Doral Park Centre

3887 NW 107th Ave, Doral, FL 33178

Listing Price: $11,150,000

Cap Rate
5.25%
Gross SF
13,925
Rentable SF
13,925
Price/Gross SF
$800.72
Lot Size
0.70 acres
Year Built
2014

Investment Overview

Doral Park Centre is a 13,925 square foot, 100% leased retail shopping center located in the upscale Miami suburb of Doral, Florida. The property is located at the intersection of 107th Avenue and 41st Street. Doral Park Centre services a dense business community and residential neighborhoods, day and night. Demand is further driven in the area by three hotels adjacent to Doral Park Centre. The property is located on the thriving Doral Boulevard retail corridor which runs from the Palmetto Expressway to the Florida Turnpike. Doral Boulevard is home to many high-profile mixed-use developments, and major retailers such as CVS, Winn-Dixie, Publix, Chase Bank, etc. The investment in Doral Park Centre offers prospective buyers an opportunity to acquire a fully-net leased shopping center in a high barriers market where few retail properties ever trade ownership, and where retail space is always in demand. The tenant mix includes four restaurants, a beauty bar and spa, a popular boxing-for-exercise gym, and a unique tactical and outdoor clothing and equipment store. With its heavy pedestrian and vehicular traffic throughout most hours of the day, Doral Park Centre serves as a home to retail services which enjoy strong sales returns driven by the area's upscale residential and dense business communities.

Investment Highlights

  • Dynamic Net Leased Center with Diverse, Well-Curated Tenant Mix
  • Nearby Miami international Mall, Dolphin Mall, and the World-Famous Doral Golf & Spa Resorts
  • Average Household Income is Greater Than $105,000 Within One-Mile
  • Active Development of Largescale Residential Projects in Doral Indicates Institutional Confidence in the Submarket
  • All Tenants Have Absolute NNN Leases Featuring 3 Percent Annual Increases
  • 100% Fully Leased Neighborhood Center

Exclusively Listed By

Listing Price: $11,150,000

Cap Rate
5.25%
Gross SF
13,925
Rentable SF
13,925
Price/Gross SF
$800.72
Lot Size
0.70 acres
Year Built
2014

Investment Highlights

  • Dynamic Net Leased Center with Diverse, Well-Curated Tenant Mix
  • Nearby Miami international Mall, Dolphin Mall, and the World-Famous Doral Golf & Spa Resorts
  • Average Household Income is Greater Than $105,000 Within One-Mile
  • Active Development of Largescale Residential Projects in Doral Indicates Institutional Confidence in the Submarket
  • All Tenants Have Absolute NNN Leases Featuring 3 Percent Annual Increases
  • 100% Fully Leased Neighborhood Center

Investment Overview

Doral Park Centre is a 13,925 square foot, 100% leased retail shopping center located in the upscale Miami suburb of Doral, Florida. The property is located at the intersection of 107th Avenue and 41st Street. Doral Park Centre services a dense business community and residential neighborhoods, day and night. Demand is further driven in the area by three hotels adjacent to Doral Park Centre. The property is located on the thriving Doral Boulevard retail corridor which runs from the Palmetto Expressway to the Florida Turnpike. Doral Boulevard is home to many high-profile mixed-use developments, and major retailers such as CVS, Winn-Dixie, Publix, Chase Bank, etc. The investment in Doral Park Centre offers prospective buyers an opportunity to acquire a fully-net leased shopping center in a high barriers market where few retail properties ever trade ownership, and where retail space is always in demand. The tenant mix includes four restaurants, a beauty bar and spa, a popular boxing-for-exercise gym, and a unique tactical and outdoor clothing and equipment store. With its heavy pedestrian and vehicular traffic throughout most hours of the day, Doral Park Centre serves as a home to retail services which enjoy strong sales returns driven by the area's upscale residential and dense business communities.

Exclusively Listed By

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