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Retail · Commercial Sale

4000 SW 57th Ave, South Miami FL 33155

South Miami, FL, 33155

$16,500,000

Presented by Parvani Commercial Group, Inc.

4000 SW 57th Ave, South Miami FL 33155
4000 SW 57th Ave, South Miami FL 33155
4000 SW 57th Ave, South Miami FL 33155

About This Property

• 15,115 SF fully leased, multi-tenant retail center, renovated in 2023 • Triple-net lease structure with staggered expirations and built-in annual rent bumps • Signature tenant Cala-Millar, a celebrated Spanish restaurant and bakery concept, anchors the center $221,000 Average household income in a 1-mile radius •70,000+ vehicles per day Location Features • Positioned in a highly walkable, transit-friendly corridos within Coral Gables’ urban core • Two miles to Metrorail access, one mile to University of Miami • 458,000 population in a 5 mile radius • Hard-corner signalized intersection at SW 40th St (Bird Rd) and SW 57th Ave (Red Rd) • Less than a mile from the University of Miami’s campus

Property Details

Property Type
Retail
Status
Active
MLS #
A12067016
Building Area
15,115 SF
Lot Size
22,550 SF
Year Built
1946
Zoning
6700
Days on Market
12
Price
$16,500,000