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Two-Tenant Retail Center
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Pending

2911 W 16th Ave, Hialeah, FL 33012

Brand-new two-tenant retail asset anchored by Taco Bell and Amerant Bank, positioned on a hard corner with strong daily traffic counts.

Property Size4,392 SF
Days on Market371

Property Features for 2911 W 16th Ave

General Information

Standard status Pending
Size 4,392 SF
Property subtype Retail
Occupancy 100%
Lease Type NNN
Investment Type Net Lease

Additional Details

Traffic Count 87,000 vehicles/day

Building Details

Year Built 2020
Units 2
Tenancy Multi
Listing Agency: Marcus & Millichap - Fort Lauderdale
Listed By: Alan Lipsky · License #FL SL3279054
Source: Crexi
Added: Sep 2, 2025 Changed: Sep 5 Last Checked: Sep 7 at 10:56AM

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 - Fort Lauderdale

Investment Insights

Based on property information with market context.

This brand-new, two-tenant retail asset is anchored by Taco Bell and Amerant Bank. Taco Bell is operated by Coastal QSR Holdings, and Amerant Bank adds a financial services presence as Florida’s largest community bank. Both tenants are described as having scheduled rent increases throughout their base terms and options.

The property is located at 2911 W 16th Ave in Hialeah, Florida, with hard-corner visibility at Okeechobee Road, 29th Street, and 16th Avenue, with traffic reported at more than 87,000 vehicles per day. The surrounding mixed-use area includes Wawa, Youfit Fitness, VivaM Medical Center, and the 260-unit Pura Vida apartments directly next door.

Regional demand indicators provided with the offering include more than 400,000 residents within five miles and a daytime population of 230,000 within three miles, plus Westland Mall’s 100+ stores within one mile. The corridor is also described as lined with national retailers including Walmart, Target, Lowe’s, Best Buy, Aldi, and McDonald’s, while Metro Parc developments totaling more than 1,200 new residential units are noted less than four miles away.

Key Highlights

  • 2020‑built, brand‑new two‑tenant retail asset anchored by Taco Bell and Amerant Bank
  • Hard‑corner location at Okeechobee Rd, 29th St and 16th Ave with more than 87,000 vehicles per day
  • Coastal QSR Holdings operates Taco Bell; Amerant Bank is the second tenant

Property Analytics

Current Use

Amerant Bank Bank

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Veterinary Clinic Restaurant

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

87,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

2,264
Businesses Nearby
168k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 65% Home Improvements & Furnishings 24% Apparel 5% Dining 4%
Target Superstores
108,325 visits/mo 0.5 miles
Lowe's Home Improvements & Furnishings
39,666 visits/mo 0.4 miles
SKECHERS Factory Outlet Apparel
8,963 visits/mo 0.5 miles
Taco Bell Dining
6,267 visits/mo 0.1 miles
Extra Space Storage Shops & Services
1,968 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

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

What type of property is this?
Drive through restaurant - Brand-new two-tenant retail asset anchored by Taco Bell and Amerant Bank, positioned on a hard corner with strong daily traffic counts.
Where is this drive through restaurant located?
The property is located at 2911 W 16th Ave Hialeah, FL.
What are key features of this property?
This property features: 2020‑built, brand‑new two‑tenant retail asset anchored by Taco Bell and Amerant Bank; Hard‑corner location at Okeechobee Rd, 29th St and 16th Ave with more than 87,000 vehicles per day; Coastal QSR Holdings operates Taco Bell; Amerant Bank is the second tenant
(561) 706-9646 Call to check price and availability
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