Homestead Shopping Center Investment Opportunity

854 N Krome Ave, Homestead, FL 33030

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For Sale

$9,700,000

Triple Net Lease shopping center with value-add potential in Homestead.

Type:Commercial

Property size:

15,168 SF

Lot size:

0.98 Acres

Price / SF:

$639/SF

HighLights

Impressive 8.3% Cap Rate BEFORE any value‑add.
Triple Net Leases: Tenants pay taxes, insurance & maintenance.
Prime location on Krome Ave, the vibrant commercial retail hub of Homestead, bordering Florida City.
Expansive 15,168 SFT building on almost 1 acre (over 38,636 SFT) of land.
ALWAYS fully occupied with B‑1 zoning allowing for a diverse tenant mix.
High walkScore (86) and bikeScore (74).

We can help!

Listing Contact

Ricky Kallabat

Learn more

For Sale

$9,700,000

Triple Net Lease shopping center with value-add potential in Homestead.

Type:Commercial

Property size:

15,168 SF

Lot size:

0.98 Acres

Price / SF:

$639/SF

Added:: Apr 24, 2026
Days on Market:: 50
Last Refresh:: Apr 24 at 3:51 pm

Property Features for 854 N Krome Ave

General Information

Standard status: Active
Size: 15,168 SF
Lot size: 0.98 Acres
Property subtype: Commercial

Building Details

Year Built: 1973

We can help!

Listing Contact

Ricky Kallabat

Listing agent Ricky Kallabat

Listing office

Listing date Apr 24, 2026

Source Elliman

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 Ricky Kallabat

HighLights

Impressive 8.3% Cap Rate BEFORE any value‑add.
Triple Net Leases: Tenants pay taxes, insurance & maintenance.
Prime location on Krome Ave, the vibrant commercial retail hub of Homestead, bordering Florida City.
Expansive 15,168 SFT building on almost 1 acre (over 38,636 SFT) of land.
ALWAYS fully occupied with B‑1 zoning allowing for a diverse tenant mix.
High walkScore (86) and bikeScore (74).

Overview

This Triple Net Lease shopping center presents a value-add opportunity for investors and contractors. The property is located on Krome Avenue, the commercial retail hub of Homestead, bordering Florida City. The B-1 zoning allows for a diverse tenant mix, and the property is always fully occupied. The building spans 15,168 square feet and is situated on almost 1 acre (over 38,636 square feet) of land. All leases are triple net. Rental rates are currently below market value. Tenants pay taxes, insurance, and maintenance. The location has a bike score of 74, indicating it is very bikeable, a walk score of 86, indicating it is very walkable, and a transit score of 44, indicating some transit options are available.

Location Intelligence

Current Use by Public Records

Export Guatemala Corporation Department Store Jocanza Insurance Insurance Agency

Suggested Use

Similar Places Nearby

PIONEER MALL — 224 Washington Ave, Homestead, FL 33030
Homestead Plaza — Campbell Dr, Homestead, FL 33030
Pioneer center — SE 4th Rd, Homestead, FL 33030
South Dade Properties — 110-118 N Homestead Blvd, Homestead, FL 33030
Homestead Station — 4 S Krome Ave, Homestead, FL 33030

Location Insight

Map
Local Demand

City: Homestead
County: Miami-Dade
State: Florida
Longitude: -80.479698
Latitude: 25.457354

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For sale
Shopping centers
FL
Homestead
33030
854 N Krome Ave

What type of property is this?

Shopping center - Triple Net Lease shopping center with value-add potential in Homestead.

Where is this shopping center located?

The property is located at 854 N Krome Ave Homestead, FL.

What is the asking price?

The asking price for this property is $9,700,000.

What are key features of this property?

This property features: Impressive 8.3% Cap Rate BEFORE any value‑add.; Triple Net Leases: Tenants pay taxes, insurance & maintenance.; Prime location on Krome Ave, the vibrant commercial retail hub of Homestead, bordering Florida City.