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Lakeside Center Shoppes 13750 NW 107th Ave 20,741 SF 100% Leased 4-Star Retail Building Hialeah Gardens, FL 33018 $12,000,000 ($578.56/SF) 6.49% Cap Rate
INVESTMENT HIGHLIGHTS
- In demand commercial retail strip center for sale.
- 100% Occupied
- Traffic count at the intersection exceeds 49,000 vehicles daily
- New construction, Built 2020
- Ample parking of 5.33/1,000 sq. ft.
- Anchored by Concentra Health Services
EXECUTIVE SUMMARY
Lakeside Center Shoppes is a new two story, 20,741 SF retail center in the heart of Hialeah Gardens, one of the fastest growing areas of South Florida. Anchored by Concentra Health Services which occupies 6,513 SF on the 1st floor, with a new 10-year lease. Currently in lease negotiations with a Pilates Studio for 2 units on the 2nd floor, which will bring the property back up to 100% occupancy and an NOI of $778,853.11. Rent roll provided upon request.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
20,741 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2020
Price
$12,000,000
Price Per SF
$578.56
Cap Rate
6.49%
NOI
$778,853
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.44
Lot Size
1.09 AC
Zoning
7100 - PA Primary Zone
7100 INDUSTRIAL - LIGHT MFG
Primary Land Use
1111 STORE : RETAIL OUTLET
Parking
139 Spaces (6.7 Spaces per 1,000 SF Leased)
Frontage
200’ on Northwest 107th Avenue
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Concentra began in 1979 and operates as a publicly traded company (NYSE: CON) under Concentra Group Holdings Parent, Inc. It is the largest provider of occupational health services in the U.S., operating over 625 health centers, 400+ onsite clinics, and a telemedicine service across 44 states. Employing approximately 12,000 professionals, it delivers daily care to roughly 50,000 patients. Services include occupational and urgent care, physical therapy, drug testing, vaccinations, and fleet health solutions.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 27-2030-014-0070 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,851,372 |
PROPERTY TAXES
Parcel Number
27-2030-014-0070
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,851,372
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Lakeside Center Shoppes | 13750 NW 107th Ave
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