Property Listing No Longer Available for Sale

17237 NW 27th Avenue, Miami Gardens, FL

Retail for Sale - $8,750,000 - 93,991 Sq. Ft. on 1019 acres


Property Info

CIMLS#431444
Location
  17237 NW 27th Avenue
  Miami Gardens FL 33056
UpdatedJuly 21st, 2012
TypeRetail
Price$8,750,000
Building93,991 Sq. Ft.
Land1019 acres

Property Description

The Dolphin Plaza is an excellent, well maintained 93,991 square foot retail shopping center, built in 1991 and located just north of the NW 27th Avenue and 826 Expressway intersection. Major tenants: include Winn-Dixie, Foot Locker, Rent-A-Center, British Petroleum (BP), Ashley Stewart and Rainbow Apparel and represent 70.3% of the square footage of the center. The center is currently 93% occupied and has consistently maintained a high occupancy even throughout most difficult economic cycles. This is primarily due to the strong tenant mix, prominent signage, strong street visibility, and a desirable location with a traffic count of over 50,000 cars per day.

Location:

The Property is located within Miami Gardens in Miami-Dade County. The City of Miami Gardens was incorporated on May 13, 2003, as the 33rd city in Miami-Dade County Florida and has a population of 105,457. It is the third largest city in Miami-Dade County Florida after Miami and Hialeah. The City is located in the North-Central region of the county, mid-way between Fort Lauderdale and Miami.

Neighborhood Description:

Miami Gardens has many attractions for consumers all over Florida. The Sun Life Stadium is located within Miami Gardens and is home to the Miami Dolphins, Florida Marlins, University of Miami football, Discover Orange Bowl and other world-class events. Calder Casino & Race Course is also located in Miami Gardens attracting people from all over Miami-Dade and Broward County


Financials

1st Year NOI: $876,000.00