Sans Souci Plaza | 2104-2150 NE 123rd St
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Sans Souci Plaza 2104-2150 NE 123rd St
40,637 SF 93% Leased Retail Building Miami, FL 33181 For Sale
Investment Highlights
- Value-Add Opportunity with Below-Market Rents
- Proximity to Wealth
- Future Redevelopment Potential
- One of the Nation’s Best Retail Markets
- 40-Year Recertification Done
Executive Summary
Avison Young is pleased to exclusively offer for sale the Sans Souci Plaza, a ±47,350 SF retail shopping center located in the desirable North Miami submarket. With more than 80% of the NRA leased for 25% less than current market rates, the Property represents a rare value-add retail opportunity of considerable scale in South Florida, one of the best retail markets in the United States.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
40,637 SF
Building Class
C
Year Built/Renovated
1974/1990
Percent Leased
93%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
9’
Building FAR
0.41
Lot Size
2.30 AC
Zoning
C-1
Parking
113 Spaces (2.96 Spaces per 1,000 SF Leased)
Frontage
455 FT on 123rd St
Amenities
- Bus Line
Walk Score ®
Very Walkable (71)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 06-2228-011-0540 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $5,811,630 |
PROPERTY TAXES
Parcel Number
06-2228-011-0540
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$5,811,630
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Sans Souci Plaza | 2104-2150 NE 123rd St
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