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Fully Leased Retail Strip & Restaurant 20462-20500 S Dixie Hwy

10,776 SF Retail Building Cutler Bay, FL 33189 $5,062,750 CAD ($470 CAD/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
Storefront Retail/Residential
Building Size
10,776 SF
Building Class
C
Year Built
1964
Price
$5,062,750 CAD
Price Per SF
$470 CAD
Cap Rate
6%
NOI
$303,765 CAD
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 (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Publix
Buffalo Wild Wings
LA Fitness
Esporta Fitness
Applebee's
Olive Garden
Chase ATM
Regions Bank
Crunch
Truist

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
36-6007-000-0051
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,211,630 CAD
  • Listing ID: 34049624

  • Date on Market: 2024-12-02

  • Last Updated:

  • Address: 20462-20500 S Dixie Hwy, Cutler Bay, FL 33189

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