4355 W 16TH AVE, HIALEAH, FL 33012-7666

Coconut Square Shopping Center at 4355 W 16th Ave, Hialeah, FL 33012 is a rare opportunity to acquire a high-performing mixed-use NNN retail asset in the heart of one of South Florida’s most active and densely populated markets. This 32,362 SF shopping center sits on 67,366 SF of land and is 95% occupied by 20 diverse tenants serving essential, internet-resistant uses including medical, dental, personal care, professional services, and specialty retail. Anchored by Healing Touch, occupying 9,332 SF with an active lease through 2035 and 6% annual escalations, the property offers durable cash flow with minimal landlord responsibilities through a pure NNN lease structure. Investors benefit from a strong in-place return with a 6.12% going-in cap rate, plus meaningful upside through below-market rents and lease rollover opportunities that support future NOI growth. With 90+ parking spaces, excellent frontage, and a strategic Hialeah location surrounded by dense demographics, strong traffic counts, and national retailers, Coconut Square combines stability, recession-resistant tenancy, and long-term value creation in a supply-constrained submarket.