Miami Owner-User Opportunity | Pro Forma – 8.51% Cap
Occupy 2,500 SF Immediately | Retail Storefront + Rear Automotive Bays
Marketing description
14227-14229 S Dixie Highway offers the opportunity to acquire a well-located multi-tenant retail property along one of South Miami's busiest commercial corridors. The property consists of 5,100 square feet and benefits from strong visibility along South Dixie Highway with over 64,500 vehicles passing the site daily. The property is occupied by Miami Wheels, Clippers Barber Shop, and Freeway Insurance, all of which have successfully operated from this location for over 30 years showing commitment and loyalty to the site.
The asset offers both an investment and owner-user opportunity. Miami Wheels occupies approximately 50% of the building and is currently on a month-to-month lease, providing flexibility for an owner-user seeking immediate occupancy or an investor looking to reposition the space. All tenants are currently operating under gross leases and paying below-market rents, creating a clear value-add opportunity through future lease rollover, rent increases, and conversion to NNN lease structures.
Surrounded by national retailers including Publix, BJ's Wholesale Club, TJ Maxx, Marshalls, Five Below, CVS, Starbucks, Chase, and Wells Fargo, the property is positioned within an affluent South Miami trade area with average household incomes exceeding $160,000 within a three-mile radius.
Investment highlights
First time on the market in 40+ years
- Long-term ownership
- Rare South Miami retail offering
Established Tenant Base
- Miami Wheels, Clippers Barber Shop & Freeway Insurance
- All tenants operating at the property for 30+ years
- Proven occupancy history
Owner-user Opportunity
- Miami Wheels occupies approximately 50% of the building
- Month-to-month lease
- Immediate occupancy potential
Value-Add Investment Opportunity
- Well below-market rents
- NNN conversion opportunity
- Mark-to-market upside
Premier South Miami Location
- Frontage on South Dixie Highway (64,500+ VPD)
- Surrounded by national retailers
- Affluent demographics
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