Retail Suite with Existing
New
For Sale
Contact for pricing
1 Curtiss Parkway #12, Miami Springs, FL 33166
Customer parking serves the ground-floor space within a mixed-use development.
Property Size139,158 SF
Price / SF$0.00
Days on Market3
Property Features for 1 Curtiss Parkway #12
General Information
Standard status
Active
Size
139,158 SF
Property subtype
Retail
Additional Details
Highway Access
Yes
Building Details
Year Built
2024
Listing Agency:
Colonial Investment Properties LLC
(305) 663-8999
Listed By:
Angelica Silva · License #3106387
(305) 323-0248
Source:
Lehmannflorida
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 2:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colonial Investment Properties LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 1,850-square-foot ground-floor retail suite at Springs Town Center has existing interior improvements and is offered in its current condition. The development, completed in 2024, combines 51 residential apartments with approximately 23,000 square feet of retail and commercial space.
Located along Hook Square at 1 Curtiss Parkway, the property includes customer parking and is described as having access to Miami International Airport, major highways, and nearby residential neighborhoods.
Located along Hook Square at 1 Curtiss Parkway, the property includes customer parking and is described as having access to Miami International Airport, major highways, and nearby residential neighborhoods.
Key Highlights
- 1,850‑square‑foot ground‑floor retail suite
- Existing interior improvements; offered in its current condition
- Springs Town Center was built in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,353,050
Suggested Prices Based on Cap Rates
Cap Rate 5%
$47,061,000
$47.1M
Cap Rate 7%
$33,615,000
$33.6M
Cap Rate 9%
$26,145,000
$26.1M
Market Conditions
NOI Build-Up for 139,158 SF
Gross rent
$3.67M $26.40/SF
− Vacancy
−$312.3K −$2.24/SF
EGI
$3.36M $24.16/SF
− OpEx
−$1.01M −$7.25/SF
NOI
$2.35M $16.91/SF
Area
Miami-Dade County, FL
Vacancy
8.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$47,061,000
Cap Rate 7%
$33,615,000
Cap Rate 9%
$26,145,000
Alternative Uses
Best Use
Retail
$33.62M
$29.41M – $39.22M
NOI $2,353,050 @ 7.0% cap · market cap 6,723,000.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$70.60M
$61.78M – $82.37M
NOI $4,942,051 @ 7.0% cap · market cap 14,120,145.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,505
Businesses Nearby
143k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 45%
Groceries 39%
Dining 10%
Apparel 4%
Publix
Groceries
55,324 visits/mo
0.4 miles
Tom Thumb Food Stores
Shops & Services
27,076 visits/mo
0.3 miles
Bank of America
Shops & Services
12,775 visits/mo
0.3 miles
Starbucks
Dining
8,581 visits/mo
0.1 miles
Chevron
Shops & Services
8,414 visits/mo
0.0 miles
Demographics for 33166, FL
26,106
Population
10,838
Households
2.4
Avg Household Size
41
Median Age
42%
College-Educated
83%
High-School Grad
7.9 sq mi
ZIP Area
3,305
Density / Sq Mi
$78,166
Median Household Income
$39,744
Median Earnings
$1,766
Median Rent
$489,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Customer parking serves the ground-floor space within a mixed-use development.
Where is this retail space located?
The property is located at 1 Curtiss Parkway #12 Miami Springs, FL.
What are key features of this property?
This property features: 1,850‑square‑foot ground‑floor retail suite; Existing interior improvements; offered in its current condition; Springs Town Center was built in 2024
