
a 100% occupied retail strip center in Miamis Little Havana / Shenandoah corridor. The 8,299 SF retail building sits on a 12,573 SF lot with 118 feet of frontage on SW 17th Avenue. An adjacent 1,053 SF house at 1700 SW 11th Terrace is included on a separate 6,732 SF lot, valued at $550,000, with the retail component priced at a 5.0% cap rate on NOI. Combined, the parcels total 19,304 SF of land.Four established tenants ? a grocery store, laundromat, bakery, and salon ? generate $158,400 in gross...a 100% occupied retail strip center in Miamis Little Havana / Shenandoah corridor. The 8,299 SF retail building sits on a 12,573 SF lot with 118 feet of frontage on SW 17th Avenue. An adjacent 1,053 SF house at 1700 SW 11th Terrace is included on a separate 6,732 SF lot, valued at $550,000, with the retail component priced at a 5.0% cap rate on NOI. Combined, the parcels total 19,304 SF of land.Four established tenants ? a grocery store, laundromat, bakery, and salon ? generate $158,400 in gross scheduled income with an estimated net operating income (NOI) of approximately $113,549. All retail leases include built-in $100/year annual rent increases, and the weighted average lease term exceeds 75 months. Operating expenses are minimal at ~$36,931/year, with tenants responsible for their own utilities and no HOA or condo fees. The offering includes wine & beer and lottery licenses, equipment, machinery, and inventory.The property benefits from a prime SW 17th Avenue location in the established Little Havana neighborhood with direct proximity to Downtown Miami, Brickell, and Coral Gables. Over 45,000 residents live within a one-mile radius, supporting consistent retail demand and foot traffic. This turnkey investment offers stable in-place income, contractual rent growth, low operating expenses, and continued upside in one of Miamis most dynamic commercial corridors.
View MoreCourtesy of
Agency Name: Compass Florida, LLC
Agency Phone: 305-851-2820
Agent Name: Arthur Porosoff
Presented by
Agent Name: Elizabeth Perez Team
Agent Phone: 305.984.6344
Agency Title: The Keyes Company
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1166 SW 17th Ave , Miami, FL 33135.
Email 1166 SW 17th Ave , Miami, FL 33135
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