1166 SW 17th Ave, Miami, FL 33135

This offering features a 100% occupied retail strip center located in Miami’s Little Havana / Shenandoah corridor. The 8,299 square foot retail building is situated on a 12,573 square foot lot with 118 feet of frontage on SW 17th Avenue. Also included is an adjacent 1,053 square foot house at 1700 SW 11th Terrace on a separate 6,732 square foot lot. Combined, the parcels total 19,304 square feet of land. The property is currently configured with four established tenants: a grocery store, laundromat, bakery, and salon. These tenants generate $158,400 in gross scheduled income with an estimated net operating income (NOI) of approximately $113,549. All retail leases include built-in $100 per year annual rent increases, and the weighted average lease term exceeds 75 months. Operating expenses are minimal at approximately $36,931 per year, with tenants responsible for their own utilities. The offering includes wine & beer and lottery licenses, equipment, machinery, and inventory. The property benefits from a prime SW 17th Avenue location in the established Little Havana neighborhood with direct proximity to Downtown Miami, Brickell, and Coral Gables. Over 45,000 residents live within a one-mile radius, supporting consistent retail demand and foot traffic. This turnkey investment offers stable in-place income, contractual rent growth, low operating expenses, and continued upside in one of Miami’s most dynamic commercial corridors.