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24381816
24381826

1620 NE 148th St, Miami, FL 33181

LC
FL BK598708
Chariff Realty Group Inc
Listed by Chariff Realty Group Inc
$3,600,000
340 days on market
Updated 34 days ago

1620 NE 148th St - Oak Plaza - For Sale

Details
Property Type Retail
Sub Type Shopping Center, Strip Center
Square Footage 15,604
Units 15
Occupancy 73%
Stories 4
Lot Size (SqFt) 36,168
Zoning BU-1
Investment Type Value Add
Ground Lease No

OAK PLAZA - Value Add Shopping Center

Marketing description

A unique investment opportunity along W Dixie Highway: a 15-unit micro retail shopping center offering substantial value add potential. The current tenancy consists primarily of vacant units or month-to-month occupants, providing exceptional flexibility for repositioning the asset. Investors may pursue full owner-user occupancy, a hybrid owner/ tenant structure, or a comprehensive re-leasing strategy at prevailing market rents.

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BROKER REGISTRATION REQUIRED. Cooperating brokers must register their client in writing with Chariff Realty Group prior to the first tour, inquiry, or submission of an offer. A signed exclusive representation agreement and written acknowledgment by Chariff are required before any commission claim will be considered. No retroactive registrations accepted. By engaging with the property or requesting information, you acknowledge and agree to Chariff's full terms at chariff.com/privacypolicy/, including the Broker Representation & Commission Eligibility provisions.

Investment highlights

  • 15 Micro-Retail Units
  • 73% occupancy
  • Value-Add Opportunity with Significant Upside Potential
  • BU-1 Zoning allows for a maximum development height of up to 45ft and 4 stories.

Listing Contacts

LC
FL BK598708
Chariff Realty Group Inc
Listed by Chariff Realty Group Inc

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