Caribbean Shoppes 19501-19577 NW 2nd Ave 27,872 SF 100% Leased Retail Building Miami, FL 33169 $12,689,220 CAD ($455.27 CAD/SF) 6.36% Cap Rate

Caribbean Shoppes at 19501 NW 2nd Avenue is a well-maintained retail center in Miami. Spanning 27,872 square feet of building space and 1.68 acres of land, this plaza is a progressively modern retail development along the 3-mile US Highway 441 commercial corridor, brand new and stunning modern facade with ACM aluminium and Granite, brand new asphalt on parking lot.
Benefit from a customer-focused shopping environment with incredible driver and pedestrian visibility, professional landscaping, and 80 parking spaces across two double-sided aisles. Caribbean Shoppes has a loyal customer base that generates steady business year-round, which speaks volumes about the quality of products and services and indicates a successful symbiotic relationship between the tenants and the surrounding area.

Maintaining such longevity and consistency in business is no small feat, and it's a testament to the resilience, hard work, and dedication of both the tenants and the management of Caribbean Shoppes. The tenants' diverse offerings complement each other, creating a vibrant and attractive destination for shoppers.

Caribbean Shoppes lies north of the Golden Glades interchange, connecting Interstate 95, Florida's Turnpike, and State Routes 441 and 826. This property offers visitors excellent accessibility and ease of travel throughout South Florida. Situated in Miami Gardens, Caribbean Shoppes is surrounded by a diverse working and middle-class community of nearly 701,500 residents within a 15-minute drive radius. Neighboring points of interest include Aventura Mall, Hard Rock Stadium, St. Thomas University, Florida Memorial University, Interstate 95, the 836 Expressway, and surrounding businesses, services, and restaurants along US Highway 441.