Walmart-Anchored Shopping
3753-3791 NW 167TH ST Miami Gardens, FL 33055
3753-3791 NW 167TH ST, Miami Gardens, FL, 33055
Contact for pricing
For Sale
Contact for pricing
Pending
Walmart-anchored retail plaza with updated interiors, multiple inline stores, and a car wash.
Property Size63,642 SF
Days on Market400
Property Features for 3753-3791 NW 167TH ST
General Information
- Standard status
- Pending
- Size
- 63,642 SF
- Property subtype
- Retail
Listing agency
Compass Florida LLC
Listed by
Christopher Tapia · License #fl3297816
Source
Crexi
Added: Jun 18, 2025 Updated: Jul 21 at 4:52AM Checked: Jul 21 at 4:52AM
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 Compass Florida LLC
Investment Insights
Based on property information with market context.
This modern shopping center includes a Walmart grocery store and additional retail spaces within a maintained retail plaza. The offering features fully updated interiors and a car wash component, along with multiple inline retail tenants listed in the public remarks.
The center is located at 3753–3791 NW 167th Street and 16770 NW 37th Ave in Miami Gardens, Florida. Public remarks indicate access and visibility from SR 826 and nearby Thomas University, with the property described as being within urban development boundaries.
According to the information provided, Walmart grocery store was built in 2014, the inline retail stores were built in 2016, and the car wash was built in 2019. Ample parking and a 6.8-acre lot are referenced in the public remarks, and buyer should verify all details.
The center is located at 3753–3791 NW 167th Street and 16770 NW 37th Ave in Miami Gardens, Florida. Public remarks indicate access and visibility from SR 826 and nearby Thomas University, with the property described as being within urban development boundaries.
According to the information provided, Walmart grocery store was built in 2014, the inline retail stores were built in 2016, and the car wash was built in 2019. Ample parking and a 6.8-acre lot are referenced in the public remarks, and buyer should verify all details.
Key Highlights
- Walmart‑anchored retail shopping center with 63,642 SF of rentable space
- Plaza includes Wal‑Mart grocery store (built in 2014), 8 inline retail stores (built in 2016), and Spin Car Wash (built in 2019)
- Total lot size is 6.8 acres with ample parking and customer access
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.22M | $19.20 |
| − Vacancy | −$55.0k | −$0.86 |
| EGI | $1.17M | $18.34 |
| − OpEx | −$291.7k | −$4.58 |
| NOI | $875.2k | $13.75 |
63,642 SF · lease $19.20/SF/yr · vacancy 4.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$12.50M
$10.94M – $14.59M
NOI $875,205 @ 7.0% cap · market cap 4.94%
Second Best
Retail
$11.04M
$9.66M – $12.88M
NOI $772,941 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$18.95M
$16.58M – $22.10M
NOI $1,326,297 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Shopping centers
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FAQs
What type of property is this?
Shopping center - Walmart-anchored retail plaza with updated interiors, multiple inline stores, and a car wash.
Where is this shopping center located?
The property is located at 3753-3791 NW 167TH ST Miami Gardens, FL.
What is the asking price?
The asking price for this property is $17,699,000.
What are key features of this property?
This property features: Walmart‑anchored retail shopping center with 63,642 SF of rentable space; Plaza includes Wal‑Mart grocery store (built in 2014), 8 inline retail stores (built in 2016), and Spin Car Wash (built in 2019); Total lot size is 6.8 acres with ample parking and customer access
