The Colonial Shoppes is located at the corner of South Dixie Highway and 160th St. The property is a high traffic retail center with very low vacancy. The center was built in 1988. It consisits of 11,483 square feet of retail space, 38 parking spaces and 206 feet of prominent frontage along 160th St. It is very visible from the very highly traveled South Dixie Highway.

The area were the center is located consists of 88,696 homes within a 5 mile radius of the center. That number is expected to increase to over 94,000 by 2013.The median household income is $61,682.00 with that same radius. It is expected that number will increase to 67,831 by 2013.

The property is located in the Village of Palmetto Bay. Incorporated on September 10, 2002, the Village of Palmetto Bay is the 33rd municipality in Miami-Dade County. The Village extends from the centerline of S.W. 136th Street, south to the centerline of S.W. 184th Street, expanding west to the centerline of South Dixie Highway, including the center island, and east to Biscayne Bay.