1607 Highland Ave Hickory, NC 28601
- Retail space
- 21,155 SF
- 1.27 lot acres
Current Use by Public Records
- Retail space
Property Details for 1607 Highland Ave
- Year built
- 1938
- Construction
- WOOD FRAME
- Lot size
- 1.27 lot acres
- Property size
- 21,155 SF
- Zone code
- C-2
- Property type
- Retail space
- APN
- 3713-19-51-2622
- APU
- 371319512622
Description
Intracoastal Mall, a prominent Miami-Dade County commercial property, presents a unique investment opportunity. This single-story, Class B building, constructed in 1986, boasts a substantial 585,786 square feet of total space, encompassing 68 suites. Currently, 19,200 square feet of office space is available for lease, ideal for a variety of businesses. The property is situated on a sizable 23.06 acres of land and offers ample parking with 863 spaces. Its location in the Eastern Shores submarket of North Miami Beach, near Sunny Isles Blvd, provides excellent access to major roadways. The mall itself features a diverse tenant mix, including national retailers such as Winn-Dixie, TJ Maxx/Home Goods, and an IPIC Theater, creating a vibrant and high-traffic environment. The property's multiple tenancy structure offers flexibility for various business models, including traditional office spaces, executive suites, seasonal pop-ups, and specialty retail. The surrounding area is well-served by educational institutions, including Florida International University and Johnson & Wales University, and benefits from a strong population base in North Miami, the seventh largest city in Miami-Dade County. This property offers a compelling combination of size, location, and existing tenant base, making it an attractive investment prospect. The property's strategic location and diverse tenant mix provide a strong foundation for future growth and profitability.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hickory
- County
- Catawba
- State
- North Carolina
- Longitude
- -81.3076
- Latitude
- 35.7385
- CBSA code
- 25860
- CBSA name
- HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA