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Nine-Bay Strip Center
For Sale
Contact for pricing
Pending

1221 NW 119th St, North Miami, FL 33167

Multi-bay retail property with full occupancy and NNN lease structure along a heavily traveled commercial corridor.

Property Size6,816 SF
Lot Size0.40 Acres
Days on Market144

Property Features for 1221 NW 119th St

General Information

Standard status Pending
Size 6,816 SF
Lot size 0.40 Acres
Property subtype Retail
Occupancy 100%

Site & Location

Traffic Count 40,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Marcus & Millichap Tampa
Listed By: Matt Yelken · License #FL SL3546029
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 12:57AM

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 Marcus & Millichap Tampa

Investment Insights

Based on property information with market context.

This strip center contains 6,816 square feet of gross leasable area on a 17,250-square-foot lot. The building is divided into nine individual retail bays, all currently occupied, with tenants operating under NNN leases that include annual base-rent increases. The property is positioned along NW 119th Street, also identified as Gratigny Road, in North Miami, Florida.

Access is available to I-95, W. Dixie Highway, I-75, and SR 826. Traffic on NW 119th Street averages 40,000 vehicles per day. The surrounding area includes national employers, universities, and family housing. Miami-Dade College North Campus is 2 miles away, Barry University is 1.6 miles away, Lennar at Westview is 1.3 miles west, and Opa-Locka Executive Airport is 4.6 miles from the property.

Key Highlights

  • 6,816 SF retail building on a 17,250‑square‑foot lot
  • Nine individual bays with current full occupancy
  • NNN leases include annual base‑rent increases

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Gym & Fitness Center Hair Salon Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

40,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

468
Businesses Nearby

Demographics for 33167, FL

19,142
Population
6,978
Households
2.7
Avg Household Size
40
Median Age
15%
College-Educated
79%
High-School Grad
4.2 sq mi
ZIP Area
4,558
Density / Sq Mi
$59,494
Median Household Income
$31,555
Median Earnings
$1,345
Median Rent
$341,300
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Multi-bay retail property with full occupancy and NNN lease structure along a heavily traveled commercial corridor.
Where is this strip mall located?
The property is located at 1221 NW 119th St North Miami, FL.
What are key features of this property?
This property features: 6,816 SF retail building on a 17,250‑square‑foot lot; Nine individual bays with current full occupancy; NNN leases include annual base‑rent increases
(786) 522-7000 Call to check price and availability
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