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21767490
21767497

11905 S Dixie Hwy, Miami, FL 33156

IT
FL FL BK3113974, FL SL3113974
Fuse Commercial Real Estate
DP
FL BK3215578, FL 3215578
Fuse Commercial LLC
Listed by Fuse Commercial Real Estate, Fuse Commercial LLC
$15,900,000
478 days on market
Updated 53 days ago

Former Best Buy in Pinecrest

Details
APN 20-5010-004-0690
Property Type Retail
Sub Type Shopping Center, Storefront
Square Footage 40,000
Net Rentable (SqFt) 38,400
Units 1
Tenancy Vacant
Lease Type NNN
Pro-Forma Cap Rate 9.43%
Pro-Forma NOI $1,500,000
Price per SqFt $398
Class A
Buildings 1
Stories 2
Acreage 1.000
Zoning BU-1A
Investment Type Value Add
Ownership Fee Simple

Vacant Retail Box- Pinecrest, Florida

Marketing description

Rare opportunity for large space in the sought after Village of

Pinecrest situated between two major Regional Malls:

Dadeland Mall and The Falls.

Pinecrest is one of wealthiest communities in Miami-Dade

county with an average Household Income of $131,684 within a

3 mile radius.

38,400 +/- SQ FT two-story building on approximately 1 acre

former Best Buy location.

Property faces highly trafficked US-1 S. Dixie HWY with an

average daily traffic count of 68,000 cars.

Features multiple points of ingress/egress and ample parking.

Situated in a cross easement with established neighboring

tenants like Ross, Milam’s Supermarket, West Marine, Ulta and

Pet Supermarket.

Highly visible dedicated pylon signage (19'x 9')

Investment highlights

Value-add retail opportunity in the heart of Miami Florida.

Property is situated in one of Miami’s most affluent suburbs.

High barrier to entry market.

Infill suburban location.

Listing Contacts

IT
FL FL BK3113974, FL SL3113974
Fuse Commercial Real Estate
DP
FL BK3215578, FL 3215578
Fuse Commercial LLC
Listed by Fuse Commercial Real Estate, Fuse Commercial LLC

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Additional Information

Name
Ivo Tsinev
License
FL BK3113974
Brokerage
Fuse Commercial
Title
Real Estate Broker
Name
Daniel Pou
License
BK3215578
Brokerage
Fuse Commercial LLC
Brokerage Phone
7862551324
Title
Partner
Brokerage Address
10200 Southwest 66th Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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