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2420-2426 Dixie Hwy Wilton Manors, FL 33305

OFF-MARKET
Retail properties & Spaces
3,357 SF Built 1965
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 3,357-square-foot multi-tenant retail building located at 2420-2426 N Dixie Hwy in Wilton Manors, Florida, 33305. The property boasts a desirable 6.00% cap rate and is currently 100% occupied by a synergistic mix of three art galleries and an Italian wine boutique. Built in 1965, the building benefits from significant recent updates, including roof sealing, electrical upgrades, parking lot improvements, and recertification. Enjoy unparalleled visibility on Dixie Highway, directly across from the approved Wilton Hotel & Pool Club, and near the Five-Points intersection. This prime location is experiencing substantial revitalization with the development of an eight-story hotel with a rooftop pool and a 190-unit luxury rental project. The property is offered at $1,375,000 and operates under a triple-net (NNN) lease structure. This stable, cash-flowing asset presents a compelling investment opportunity with significant upside potential in a rapidly developing area. The property's strong tenant occupancy and strategic location make it an ideal addition to any investment portfolio.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1965
Total area 3,357 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2420-2426 Dixie Hwy Wilton Manors, FL 33305
Wilton Manors metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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