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West Hialeah Shopping Center 1665 W 68th St

15,749 SF 100% Leased Retail Building Hialeah, FL 33014 £3,521,025 (£224/SF) 6.35% Net Initial Yield

Investment Highlights

  • Two story small bay multi-tenant strip shopping center
  • Desirable City of Hialeah Location
  • Purchase Price: $4.5 million - $285/psf
  • 100% Occupied with NNN Leases at below market rents
  • Traffic count at the intersection exceeds 50,000 vehicles daily

Executive Summary

The sale of the West Hialeah Shopping Center offers a unique opportunity to acquire a 100% occupied, multi-tenant, triple net strip center at a main commercial corridor in the densely populated City of Hialeah. Rent roll and information available upon request.

Attachments

West Hialeah Shopping Center_OM

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
15,749 SF
Building Class
C
Year Built
1975
Price
£3,521,025
Price Per SF
£224
Net Initial Yield
6.35%
NOI
£223,544
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Slab to Slab
9 ft
Building FAR
0.47
Lot Size
0.77 AC
Zoning
C-3 - C-3 Liberal Commercial Zoning
Parking
58 Spaces (3.68 Spaces per 1,000 SF Leased)
Frontage
104 ft on 68th St

Amenities

  • Pylon Sign
  • Signage
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Walk Score ®
Very Walkable (75)
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.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Regions Bank
Sedano's
Rent-A-Center
Publix Food & Pharmacy
Bank of America
Checkers
Eastern National Bank
Presidente Supermarket 2
IGA
YouFit Gyms

PROPERTY TAXES

Parcel Number 04-2026-041-0010 Improvements Assessment £650,801
Land Assessment £918,019 Total Assessment £1,568,820

PROPERTY TAXES

Parcel Number
04-2026-041-0010
Land Assessment
£918,019
Improvements Assessment
£650,801
Total Assessment
£1,568,820
(305) 785-7706

Contacts

  • Listing ID: 32708271

  • Date on Market: 06/08/2024

  • Last Updated:

  • Address: 1665 W 68th St, Hialeah, FL 33014

The Retail Property at 1665 W 68th St, Hialeah, FL 33014 is currently available for sale. Contact Horizon Properties for more information.

Nearby Listings

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1665 W 68th St, Hialeah, FL for sale Building Photo- Image 1 of 10
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West Hialeah Shopping Center
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1665 W 68th St, Hialeah, FL for sale Building Photo- Image 4 of 10
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© 2024 CoStar Group

West Hialeah Shopping Center | 1665 W 68th St
(305) 785-7706 x

West Hialeah Shopping Center | 1665 W 68th St

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Jorge Alvarino

(305) 785-7706

(305) 785-7706

Edward Salazar

(305) 609-2712

(305) 609-2712

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