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Home > Commercial > Retail Space > A11897492



Retail Space
$2,100,000
$2,000,000
5%
12985 W Dixie Hwy North Miami, FL

A11897492

101 of 193 for Sale
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an agent
  • Listed On:

    Oct 27, 2025
  • Days on Market:

    281
  • Year:

    1956
  • Taxes:

    $13,687 per year
  • Floor Description:

  • Occupancy:

  • Zoning:

  • Parking:

12985 W Dixie Hwy North Miami, FL Stabilized 7-Unit Retail Investment | 6.66% Cap | Value-Add Offered at $2,000,000, this fully leased neighborhood retail center sits on a high-visibility corner at 12985 W Dixie Hwy in North Miami. The 7,742 SF building offers strong frontage, parking, and steady traffic exposure. The property generates $146,936 gross income with an estimated $133,249 NOI, reflecting a 6.66% cap rate. All seven units are leased to established tenants on 2–3 year terms, providing stable cash flow with near-term upside. Several rents are below market, offering repositioning potential, and one underperforming unit presents additional value-add opportunity. Built in 1956, zoned 6600, and surrounded by ongoing development. Detailed rent roll and financials available with NDA.

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For Sale Details

  • Photo Count

    22

  • Property Type

    Commercial Sale

  • SqFt Total

    7742

  • Terms Considered

    All Cash

  • Year Built

    1956

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