1665 68th St Hialeah, FL 33014-4400

This exceptional investment opportunity presents a fully occupied, 13-tenant shopping center in Hialeah, Florida. Boasting 15,749 square feet of net rentable space on a 0.77-acre lot, the property features a 100% occupancy rate, generating a strong NOI of $285,697 and a 6.35% cap rate. The two-story, 1975-built center is situated on a prime commercial corridor with C-3 zoning, offering significant upside potential. The property includes 58 parking spaces plus street parking and a pylon sign. All 13 units are currently leased under a triple net (NNN) lease structure. The asking price is $4,500,000, translating to $266.97 per square foot. Detailed financial information, including the rent roll and proforma income statement, is available upon request. The property's concrete construction and recent 40-year certification add to its value and longevity. This is a rare opportunity to acquire a stable, high-performing retail asset in a thriving market. The address is 1665 W 68th St, Hialeah, FL 33014. The property's APN is 0420260410010. The occupancy date is August 7, 2024.