Caribbean Shoppes
27,872 SF | 100% Leased | Retail Building | Miami, FL 33169 | $8,575,000 ($308/SF) | 6.70% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $8,575,000
- Property Type
-
Retail
- Square Feet
- 27,872 SF
- Price / Square Foot
- $308
Listing Contacts
Jaime Esquenazi
Verified Profile
- Property Info
Property Overview
6.7% CAP Caribbean Shoppes at 19501 NW 2nd Avenue is a brand-new retail center in Miami, Florida. Spanning 27,872 square feet building and 73,260 square feet of land, this is Icon Plaza, progressively modern retail development along the 3-mile Highway 441 commercial corridor. Benefit from a customer-focused shopping environment with incredible driver and pedestrian visibility, professional landscaping, and 80 parking spaces across two double-sided aislesCaribbean Shoppes and its tenants! Having a loyal customer base that generates steady business year-round speaks volumes about the quality of products and services offered, as well as the strong relationships built within the community. It also indicates a successful symbiotic relationship between the tenants and the surrounding area.
Maintaining such longevity and consistency in business is no small feat, and it's a testament to the resilience, hard work, and dedication of both the tenants and the management of Caribbean Shoppes. It's likely that the diverse offerings of the tenants complement each other, creating a vibrant and attractive destination for shoppers.
Caribbean Shoppes lies just north of the Golden Glades interchange, connecting Interstate 95, Florida's Turnpike, and State Routes 441 and 826. This property offers visitors excellent accessibility and ease of travel throughout South Florida. Situated in Miami Gardens, Caribbean Shoppes is surrounded by a diverse working and middle-class community of nearly 701,500 residents who live within a 15-minute drive radius. Neighboring points of interest include Aventura Mall, Hard Rock Stadium, St. Thomas University, Florida Memorial University, I-95 and 836 Express Ways, and surrounding businesses, services, and restaurants along Highway 441.
Maintaining such longevity and consistency in business is no small feat, and it's a testament to the resilience, hard work, and dedication of both the tenants and the management of Caribbean Shoppes. It's likely that the diverse offerings of the tenants complement each other, creating a vibrant and attractive destination for shoppers.
Caribbean Shoppes lies just north of the Golden Glades interchange, connecting Interstate 95, Florida's Turnpike, and State Routes 441 and 826. This property offers visitors excellent accessibility and ease of travel throughout South Florida. Situated in Miami Gardens, Caribbean Shoppes is surrounded by a diverse working and middle-class community of nearly 701,500 residents who live within a 15-minute drive radius. Neighboring points of interest include Aventura Mall, Hard Rock Stadium, St. Thomas University, Florida Memorial University, I-95 and 836 Express Ways, and surrounding businesses, services, and restaurants along Highway 441.
Property Details
- Class
- B
- Year Built/Renovated
- 1956/2007
- Stories
- 2
- Lot Size (sq. ft)
- 73,181 SF
Highlights
- Caribbean Shoppes is the Highway 441 commercial corridor’s icon retail Shopping Center, with sizable units to accommodate various tenant needs.
- 22 Tenant with longevity business track in the same Plaza
- Surrounded by Miami Gardens’ diverse working- and middle-class community near the Golden Glades interchange, Hard Rock Stadium, and the Calder Casino.
- 15 minutes driving to Aventura Mall, 5 minutes away from Hallandale Blvd. and 10 minutes away from Hollywood Blvd.
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