Retail

#1 Marketplace

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

#1 Marketplace_Property for Sale

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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.

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Last updated
Aug 11, 2022