Homestead Retail Strip Center
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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