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Shoppes at Naranja Lakes Investment Property 27455 S Dixie Hwy

92,351 SF 63% Leased 4-Star Retail Building Homestead, FL 33032 $30,000,000 ($325/SF)

Investment Highlights

  • Redeveloped Retail Shopping Center in High Growth Area of South Miami-Dade County
  • Surrounded by high-density housing developments from top builders
  • 600 feet of frontage on US-1 with over 46,000 daily vehicles (AADT)
  • Anchored by E-commerce Resistant Tenant Roster With Medical, Grocer and Gym
  • Adjacent to Fresco Y Mas Anchored Center, and Nearby to Walmart Neighborhood Center, and new Home Depot
  • High visibility and easy access to Florida Turnpike and other major highways

Executive Summary

Lee & Associates South Florida is pleased to offer Shoppes at Naranja Lakes for sale, an exceptional retail investment opportunity located in the high-growth corridor of South Miami-Dade County. This 92,351 SF neighborhood shopping center sits on approximately 9 acres, boasting over 600 feet of prime retail frontage along US-1/S Dixie Highway with daily traffic counts exceeding 46,000 AADT. The center was recently redeveloped and is anchored by a solid mix of national credit tenants, including a gym, medical center, and grocer. The property offers investors significant upside potential, with its high-profile location and the area's booming residential and commercial development.
Adjacent to the Fresco Y Mas-anchored Naranja Shopping Center and near a newly developed Walmart Neighborhood Center, the site is at the heart of a rapidly growing community. The property is surrounded by ongoing high-density residential projects, with major developers such as Lennar and DR Horton building new homes to meet the rising demand driven by Miami-Dade's population growth. With 509 parking spaces, flexible zoning, and close proximity to major highways like the Florida Turnpike, this retail center is ideally positioned for long-term appreciation and steady income.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
92,351 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1983/2021
Price
$30,000,000
Price Per SF
$325
Percent Leased
63%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.25
Lot Size
8.62 AC
Zoning
6075 - Business Districts, neighborhood
Parking
509 Spaces (5.51 Spaces per 1,000 SF Leased)
Frontage
600 FT on S Dixie Hwy

Amenities

  • Pylon Sign
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 4
  • 1,000-2,185 SF
  • Retail
  • In-Line
  • Now

Inline retail suite with brand new façade, storefront doors and windows.

  • 6
  • 7,625-15,960 SF
  • Retail
  • -
  • Now

Eastern in-line junior anchor space with option to include entire eastern end-cap space, access to additional parking on eastern end of property. Potential for a second rear entrance.

  • 7
  • 7,625-16,195 SF
  • Retail
  • End Cap
  • Now

Eastern end-cap space with access to additional parking on eastern end of property. Potential for a second rear entrance in the back of the building for more exclusive access.

Space Size Space Use Position Available
4 1,000-2,185 SF Retail In-Line Now
6 7,625-15,960 SF Retail - Now
7 7,625-16,195 SF Retail End Cap Now

4

Size
1,000-2,185 SF
Space Use
Retail
Position
In-Line
Available
Now

6

Size
7,625-15,960 SF
Space Use
Retail
Position
-
Available
Now

7

Size
7,625-16,195 SF
Space Use
Retail
Position
End Cap
Available
Now

4

Size 1,000-2,185 SF
Space Use Retail
Position In-Line
Available Now

Inline retail suite with brand new façade, storefront doors and windows.

6

Size 7,625-15,960 SF
Space Use Retail
Position -
Available Now

Eastern in-line junior anchor space with option to include entire eastern end-cap space, access to additional parking on eastern end of property. Potential for a second rear entrance.

7

Size 7,625-16,195 SF
Space Use Retail
Position End Cap
Available Now

Eastern end-cap space with access to additional parking on eastern end of property. Potential for a second rear entrance in the back of the building for more exclusive access.

Nearby Major Retailers

Workout Anytime
Walmart Neighborhood Market
Sunbelt Rentals
South State Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-6933-018-0040
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$9,388,322
  • Listing ID: 33381311

  • Date on Market: 10/2/2024

  • Last Updated:

  • Address: 27455 S Dixie Hwy, Homestead, FL 33032

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