Fully Leased Retail Strip & Restaurant | 20462-20500 S Dixie Hwy
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Fully Leased Retail Strip & Restaurant 20462-20500 S Dixie Hwy
10,776 SF Retail Building Cutler Bay, FL 33189 $3,500,000 ($325/SF) 6% Cap Rate
Investment Highlights
- Fully-Leased Asset: The property is 100% leased, providing a stable and immediate income stream with short-term leases offering flexibility for future
- Surrounding Synergies: Located directly across from Southplace City Center, the redevelopment of Southland Mall into a vibrant mixed-used
- Value-Add Opportunity: Short-term leases and the property’s zoning allow for future rent increases, tenant upgrades, or a complete redevelopment
- Prime Location: Strategically positioned on US-1 (S Dixie Hwy), one of Miami-Dade County’s most trafficked corridors, the site benefits from excellent
- Future Growth Potential: Enhanced by direct proximity to South Dade TransitWay, Miami-Dade County’s first-ever Bus Rapid Transit (BRT) project
Executive Summary
APEX Capital Realty is pleased to present an exceptional investment opportunity at 20462-20500 S Dixie Hwy, Cutler Bay, FL 33189. This fully-leased retail site offers immediate income stability and significant potential for future redevelopment in a thriving commercial corridor.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,776 SF
Building Class
C
Year Built
1964
Price
$3,500,000
Price Per SF
$325
Cap Rate
6%
NOI
$210,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.80
Lot Size
0.31 AC
Opportunity Zone
Yes
Zoning
TC - Town Center
Parking
12 Spaces (1.11 Spaces per 1,000 SF Leased)
Frontage
75 FT on South Dixie Hwy
Amenities
- Pylon Sign
- Signage
- Drive Thru
Walk Score ®
Very Walkable (80)
Bike Score ®
Very Bikeable (81)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 36-6007-000-0051 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $853,862 |
PROPERTY TAXES
Parcel Number
36-6007-000-0051
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$853,862
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Fully Leased Retail Strip & Restaurant | 20462-20500 S Dixie Hwy
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