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$16,500,000

4000 SW 57th Ave, South Miami FL 33155

South Miami
MLS#
A12067016
Type
Retail · Commercial Sale
Year built
1946
Lot size
22,550 sqft
Days on market
12 days
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

Location
MLS# A12067016 · Listed by Edward Schmidt
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