County Square Building B/C/E 21353-21433 NW 2nd Ave 151,353 SF 99% Leased Retail Building Miami, FL 33169 $47,583,981 CAD ($314.39 CAD/SF) 7% Cap Rate

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INVESTMENT HIGHLIGHTS

Heavy Traffic along State Rd (441)
Outparcel included in sale. Build up to additional 13,000 square feet of retail.

Large Density area.
Property is always around 95% occupied.

EXECUTIVE SUMMARY

County Square Shopping Center one of the most premiere corners locations in Miami, with over 151,000 square feet or prime retail space with a corner outparcel that is includes in the sale. The outparcel is located directly on 441 & 215th street which is worth over $750k! This shopping center has over 15 acres of prime retail property that includes a gravitational water system.
It's always been over 93% occupied with a waiting list, but know this shopping center is 100% occupied. The outparcel in the corner gives you additional $2 million dollars of vaul add to the property.
Great property and priced perfect!

PROPERTY FACTS

Sale Type

Investment NNN

Sale Condition

1031 Exchange

Property Type

Retail

Property Subtype

Storefront

Building Size

151,353 SF

Building Class

Year Built/Renovated

1986/2021

Price

$47,583,981 CAD

Price Per SF

$314.39 CAD

Cap Rate

NOI

$3,332,565 CAD

Percent Leased

99%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.14

Lot Size

25.00 AC

Opportunity Zone

Yes

Zoning

BU-1A, Miami

Parking

750 Spaces (4.96 Spaces per 1,000 SF Leased)

Frontage

1,727’ on NW 2nd Ave

Restaurant

Signage

MAJOR TENANTS

Retailer
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dd’s DISCOUNTS opened its first store in 2004 as the place to shop and save in the neighborhood. The company is part of the Ross Family so the buyers know all about delivering great deals every day on clothing, shoes, home décor, fashions, toys and much, much more. dd's have the looks and brands their clients love, at prices well below other retailers. The stores are conveniently located in neighborhood shopping centers so clients can start, and finish, all of their shopping close to home. dd’s is all about giving clients amazing deals on the hottest fashions and quality home merchandise so it’s no surprise that dd’s stands for Deep Discounts.