Stabilized Retail Strip
For Sale
Contact for pricing
Pending
1735 NE 163rd St, North Miami Beach, FL 33162
Strip center with nine fully occupied stores under NNN leases, positioned along NW 163th Street.
Property Size29,171 SF
Lot Size1.83 Acres
Days on Market143
Property Features for 1735 NE 163rd St
General Information
Standard status
Pending
Size
29,171 SF
Lot size
1.83 Acres
Property subtype
Retail
Occupancy
100%
Site & Location
Traffic Count
57,500 vehicles/day
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Global Investments Realty
(786) 789-0647
Listed By:
Joel Rodriguez · License #0545697
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 31 at 5:24PM
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 Global Investments Realty
Investment Insights
Based on property information with market context.
This retail strip center at 1735–1781 NE 163rd Street features a total gross leasable area of 29,171 square feet and includes nine stores of varying sizes. The property is currently fully occupied, and all tenants are on NNN leases with an average base rent of $22.17 per square foot.
The center is located along the main corridor on NW 163th Street with an average of 57,500 vehicles per day and provides easy access to Biscayne Blvd, W Dixie Hwy, I-95, and SR 826.
The property offers a stabilized, income-producing retail setup for an investor seeking a shopping center with existing in-place tenants.
The center is located along the main corridor on NW 163th Street with an average of 57,500 vehicles per day and provides easy access to Biscayne Blvd, W Dixie Hwy, I-95, and SR 826.
The property offers a stabilized, income-producing retail setup for an investor seeking a shopping center with existing in-place tenants.
Key Highlights
- Strip center at 1735‑1781 NE 163rd Street, North Miami Beach, FL 33162
- 29,171 SF gross leasable area on a 79,725 SF lot with nine stores
- Nine stores are currently fully occupied
Property Analytics
Current Use
Lease Details
57,500 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,074
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33162, FL
45,277
Population
16,719
Households
2.7
Avg Household Size
39
Median Age
21%
College-Educated
81%
High-School Grad
5.3 sq mi
ZIP Area
8,543
Density / Sq Mi
$55,993
Median Household Income
$31,848
Median Earnings
$1,535
Median Rent
$345,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Strip center with nine fully occupied stores under NNN leases, positioned along NW 163th Street.
Where is this shopping center located?
The property is located at 1735 NE 163rd St North Miami Beach, FL.
What are key features of this property?
This property features: Strip center at 1735‑1781 NE 163rd Street, North Miami Beach, FL 33162; 29,171 SF gross leasable area on a 79,725 SF lot with nine stores; Nine stores are currently fully occupied
