NNN-Leased Retail
For Sale
Contact for pricing
1995 W 49 St, Hialeah, FL 33012
Concrete tiltwall construction and a long remaining lease term define the property’s physical and lease profile.
Property SizeContact for details
Days on Market145
Property Features for 1995 W 49 St
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Marcus & Millichap - Issenberg Britti Group
(786) 522-7017
Listed By:
Gabriel Britti · License #FL SL3211804
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 5:44PM
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 - Issenberg Britti Group
Investment Insights
Based on property information with market context.
This retail property includes a 43,928-square-foot building on 3.34 acres, constructed in 2016 with concrete tiltwall construction. Hobby Lobby occupies the building under a 15-year triple-net lease with 12 years remaining, guaranteed by Hobby Lobby Stores, Inc. The offering conveys the 100% fee simple interest.
The building occupies an out-parcel position west of Westland Mall, at the signalized intersection of West 49th Street and the Palmetto Expressway in Hialeah. The site is accessible to more than 294,000 vehicles daily, while Westland Mall reports 5.5 million annual visitors. Access also extends to Doral, Palm Springs North, Miami Lakes, and Miami Springs through the surrounding roadway network. More than 210,000 people live within three miles, with over 400,000 residents within five miles.
The building occupies an out-parcel position west of Westland Mall, at the signalized intersection of West 49th Street and the Palmetto Expressway in Hialeah. The site is accessible to more than 294,000 vehicles daily, while Westland Mall reports 5.5 million annual visitors. Access also extends to Doral, Palm Springs North, Miami Lakes, and Miami Springs through the surrounding roadway network. More than 210,000 people live within three miles, with over 400,000 residents within five miles.
Key Highlights
- 43,928‑square‑foot retail building on 3.34 acres
- 2016 construction with concrete tiltwall design
- Hobby Lobby lease has 12 years remaining on a 15‑year triple‑net term
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,448
Businesses Nearby
719k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 40%
Dining 24%
Shops & Services 19%
Groceries 11%
Macy's
Apparel
145,251 visits/mo
0.1 miles
Publix
Groceries
68,000 visits/mo
0.4 miles
Burlington
Apparel
55,416 visits/mo
0.3 miles
JCPenney
Apparel
43,607 visits/mo
0.2 miles
Outback Steakhouse
Dining
42,375 visits/mo
0.2 miles
Demographics for 33012, FL
70,260
Population
25,923
Households
2.7
Avg Household Size
48
Median Age
18%
College-Educated
72%
High-School Grad
5.9 sq mi
ZIP Area
11,908
Density / Sq Mi
$45,818
Median Household Income
$32,039
Median Earnings
$1,562
Median Rent
$355,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Concrete tiltwall construction and a long remaining lease term define the property’s physical and lease profile.
Where is this retail space located?
The property is located at 1995 W 49 St Hialeah, FL.
What are key features of this property?
This property features: 43,928‑square‑foot retail building on 3.34 acres; 2016 construction with concrete tiltwall design; Hobby Lobby lease has 12 years remaining on a 15‑year triple‑net term
