Caribbean Shoppes | 19501-19577 NW 2nd Ave Miami, FL 33169

19501-19577 NW 2nd Ave Miami, FL 33169
$8,575,000
$8,575,000
Caribbean Shoppes | 19501-19577 NW 2nd Ave Miami, FL 33169

Overview

Caribbean Shoppes: A Stable Investment Opportunity in Miami’s Growing Market
Prime Location & Established Clientele:
  • Iconic retail center on busy Highway 441 commercial corridor.
  • Fully leased with 22 tenants, offering a stable income stream.
  • Loyal customer base generates consistent business year-round.
  • Diverse tenant mix creates a vibrant shopping destination.
Excellent Accessibility & Demographics:
  • Strategically located near major highways (I-95, Florida Turnpike) for easy access.
  • 15-minute drive from major attractions like Aventura Mall and Hard Rock Stadium.
  • Surrounded by a growing, diverse community of nearly 700,000 residents.
Strong Investment Potential:
  • Well-maintained property with professional landscaping and ample parking.
  • Sizable units to accommodate various tenant needs.
  • Potential for future rent growth in a thriving Miami market.
Invest in a Proven Retail Center:
Caribbean Shoppes offers a unique opportunity to invest in a successful and well-established retail center in a growing Miami neighborhood. With its diverse tenant mix, loyal customer base, and excellent accessibility, Caribbean Shoppes provides a stable income stream and strong potential for future returns.
icon

Details

  • Lot area (sqft):
    73180 sqft
  • Building area (sqft)::
    27872 sqft
  • Price ($):
    $8,575,000
  • Year built:
    1956
  • Cap Rate:
    6.7%
  • Single Asset

Amenities

  • Bus Line
  • Pylon Sign
  • Restaurant
  • Signage