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33773271
33773272

2 Locations

LB
FL FL3068840
Keller Williams Realty Premier Properties
Miami Kendall
Listed by Keller Williams Realty Premier Properties, Miami Kendall
$3,000,000
2 days on market
Updated 2 days ago

Homestead Retail Strip Center

Details
APN 10-79-18-000-0110
Property Type Retail, Office (+1)
Sub Type Restaurant, Storefront (+1)
Square Footage 12,848
Net Rentable (SqFt) 10,676
Units 11
Cap Rate 5.15%
NOI $154,558
Occupancy 100%
Tenancy Multi
Lease Type NNN
Lease Term 3
Lease Expiration 01/31/2028
Remaining Term 3
Rent Bumps Yes
Price per SqFt $234
Class C
Year Built 1945
Buildings 2
Lot Size (SqFt) 13,735
Zoning B-1
Investment Type Stabilized
Tenant Credit No Credit Rating
Lease Commencement 02/01/2026
Ground Lease No
Sale Condition N/A

Retail | 5.15% CAP | 12,848 SqFt

Marketing description

Investment Opportunity – Fully Leased Retail Center in Downtown Homestead. Rare opportunity to acquire a fully leased neighborhood retail center located on highly visible Krome Avenue in the heart of Homestead's commercial corridor. The property consists of approximately 12,848 square feet situated on a 13,735-square-foot corner parcel and is currently 100% occupied by eleven tenants operating under NNN lease structures. The property provides investors with immediate cash flow from a diversified tenant mix. The building has completed its 10-Year Recertification, reducing near-term capital expenditure concerns and enhancing long-term ownership stability. Strategically positioned along one of Homestead's primary commercial thoroughfares, the property benefits from strong visibility, consistent traffic counts, established surrounding businesses, and continued residential and commercial growth throughout South Miami-Dade County.

Investment highlights

-Prime location on highly traveled Krome Ave

-Located in the heart of Downtown Homestead

-40 years recertification completed

-Lot size: 13,735 sf

-Lot size: 12,848 sf

-Year Built: 1945 & 1949

-Tenants: 11 (Tenants have leases and most are 3 years or less

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Listing Contacts

LB
FL FL3068840
Keller Williams Realty Premier Properties
Miami Kendall
Listed by Keller Williams Realty Premier Properties, Miami Kendall

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$154,558.00
$12,879.83/mo

Valuation Metrics

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DSCR
5.15%
Cap Rate
5.15%
ROI

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Zoning

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B-1 CommercialRetail CommercialRestricted Retail Commercial
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Luis Badillo
License
FL3068840
Brokerage
Keller Williams Realty Premier Properties
Brokerage Phone
305-595-2844
Brokerage Address
11440 North Kendall Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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