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Fully Occupied Retail Plaza
For Sale
$3,750,000

4040 SW 69th Avenue, Miramar, FL 33023

Fully occupied retail plaza with stable, long-term tenants.

Property Size12,964 SF
Days on Market134

Property Features for 4040 SW 69th Avenue

General Information

Standard status Active
Size 12,964 SF
Total Parking Spaces 51
Zoning PUD

Taxes and HOA fees

Annual Taxes $83,966

Building Details

Building Size 12,964 SF
Year Built 1998
Buildings 1
Stories 1
Listing Agency: REF Realty Inc
Listed By: Robert Fuerst · License #A11876821
Source: Laerrealty
Added: Apr 24 Changed: Sep 3 Last Checked: Sep 4 at 2:47AM

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 REF Realty Inc

Investment Insights

Based on property information with market context.

This fully occupied retail plaza, operating at a 6.5 cap rate, is located one block from the turnpike entrance and close to 441, directly on County Line Road. The property features 51 parking spaces and offers significant road exposure. All leases are triple net, with tenants covering full CAM charges. The tenants are long-term, with 5-year leases currently in place, providing stable income. The location has a bike score of 36, indicating it is somewhat bikeable, a walk score of 24, indicating car-dependent, and a transit score of 41, indicating some transit options are available.

Key Highlights

  • Fully occupied plaza with revised rent roll.
  • Secure a 6.5% Cap Rate.
  • All leases are triple net (NNN) with tenants paying full CAM charges.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Building Supply Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

339
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33023, FL

66,749
Population
22,450
Households
3
Avg Household Size
38
Median Age
20%
College-Educated
84%
High-School Grad
8.8 sq mi
ZIP Area
7,585
Density / Sq Mi
$70,003
Median Household Income
$35,093
Median Earnings
$1,621
Median Rent
$344,500
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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Miramar Towne Center 6847 Miramar Pkwy, Miramar, FL 33023
  • Miramar Shopping Center 6827 Miramar Pkwy, Miramar, FL 33023

Frequently Asked Questions

What type of property is this?
Shopping center - Fully occupied retail plaza with stable, long-term tenants.
Where is this shopping center located?
The property is located at 4040 SW 69th Avenue Miramar, FL.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Fully occupied plaza with revised rent roll.; Secure a **6.5% Cap Rate**.; All leases are triple net (NNN) with tenants paying full CAM charges.
More about this property
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