27359 South Dixie Highway

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27359 South Dixie Highway

Homestead, FL 33032
Asking Price
Contact for price
Asset Type
Shopping Center Retail
Class
Class B

What's Special

A 90,445 SF Neighborhood Grocery Anchored Center Located in Homestead, FL <ul><li>​Stabilized high volume grocery anchored shopping center in Miami Dade County with 2.91% 11-year NOI CAGR.</li><li>​Recently exercised anchor tenant renewals and options | Fresco y Más (5-Year option), La Colonia (10-Year option).</li><li>​89% of GLA has operated at the Property for 8+ years.</li><li>​​​​#8 of 22 shopping centers within a 5-mile radius (<u style="color: rgba(5, 99, 193, 1)"><a href="https://urldefense.com/v3/__http:/Placer.Ai__;!!GnpIGg!eEX88iyoopJM8vkONgcOdCI8JVgLA2_SLt

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times