Retail

#1 Marketplace

10900-11090 NW 7th Ave, Miami, FL, 33168-2108, US

Deal room

Executive Summary

Gallery

Asset description

Jones Lang Lasalle Americas, Inc. (“JLL”), a licensed real estate broker - is pleased to offer the opportunity to acquire #1 Marketplace, a 106,177 square foot, grocery-anchored property located in Miami, FL. The property is currently 100% leased to an exceptional tenant roster led by a $25.9 million Winn-Dixie and local retailers, including Family Dollar, Foot Locker, Kids Foot Locker, Rainbow Shops, and Ashley Stewart.

Attributes

Building area Net

106,177 sf

Occupancy

100.00%

Year built

1958

Investment highlights

Infill 7.71-acre site in the heart of Miami immediately adjacent to Interstate 95.
Prime location along NW 7th Avenue (33,000 vehicles per day) between NW 119th Street and NW 103rd Street.
Excellent visibility and regional accessibility from Interstate-95 (281,000 vehicles per day) and the Gratigny Expressway (less than 2 miles to the west).
One of the most visited Winn-Dixies in all of Florida (Top 8%) with over 630,000 visits per annum; the store at #1 Marketplace ranks #23 out of 276 stores in the state.