Shopping Strip

Hialeah Corner Strip Center

Listing Price: $1,000,000

Cap Rate
3.63%
Gross SF
2,361
Rentable SF
2,361
Price/Gross SF
$423.55
Lot Size
0.19 acres
Year Built
1972

Investment Overview

Marcus & Millichap is pleased to offer the sale of 3775 East 4th Avenue in the heart of Hialeah, Florida. This infill, Miami-Dade location is home to 213,000 people within just three miles of the subject property, which contributes to the submarket’s historically low vacancy rates. The subject property sits on the southeast corner of heavily traveled East 4th Avenue and East 38th Street, with convenient access for vehicles travelling from all directions due to a left-turn curb cut. The property consists of five small retail bays, ranging from 411 to 525 square feet each, and features several parking spaces in the front and back. Short term leases allow for a partial owner/user investment opportunity, or flexibility for a buyer to combine several bays into one or two larger tenants.

Investment Highlights

  • Hialeah Strip Center Offering with Five Small Bays
  • Corner Location with Excellent Visibility and Convenient Access from all Directions
  • Ample Parking in both Front and Rear of Property
  • Incredibly Densely Populated Submarket with 3-Mile Population of 213,000
  • Short Term Leases Offer Landlord Flexibility to Reposition as Desired

Exclusively Listed By

Shopping Strip

Hialeah Corner Strip Center

Listing Price: $1,000,000

Cap Rate
3.63%
Gross SF
2,361
Rentable SF
2,361
Price/Gross SF
$423.55
Lot Size
0.19 acres
Year Built
1972

Investment Highlights

  • Hialeah Strip Center Offering with Five Small Bays
  • Corner Location with Excellent Visibility and Convenient Access from all Directions
  • Ample Parking in both Front and Rear of Property
  • Incredibly Densely Populated Submarket with 3-Mile Population of 213,000
  • Short Term Leases Offer Landlord Flexibility to Reposition as Desired

Investment Overview

Marcus & Millichap is pleased to offer the sale of 3775 East 4th Avenue in the heart of Hialeah, Florida. This infill, Miami-Dade location is home to 213,000 people within just three miles of the subject property, which contributes to the submarket’s historically low vacancy rates. The subject property sits on the southeast corner of heavily traveled East 4th Avenue and East 38th Street, with convenient access for vehicles travelling from all directions due to a left-turn curb cut. The property consists of five small retail bays, ranging from 411 to 525 square feet each, and features several parking spaces in the front and back. Short term leases allow for a partial owner/user investment opportunity, or flexibility for a buyer to combine several bays into one or two larger tenants.

Exclusively Listed By

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