Property profile

20425 Old Cutler Rd Quail Heights, FL 33189

FOR LEASE
Community centers
Property ID
US18-4710136
100,712 SF 8.8 ac lot Built 1987
Entity Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail opportunity presents two available spaces within the Old Cutler Towne Center, a well-established shopping center located at 20425 Old Cutler Road in Cutler Bay, Florida, 33189. The center boasts a total of 106,427 square feet of retail space, offering a vibrant and accessible location for businesses seeking high visibility and foot traffic. Currently, 1,897 square feet of space is available for lease, with individual units ranging from a minimum of 937 square feet to a maximum contiguous space of 960 square feet. This allows for flexibility in accommodating a variety of retail concepts, from smaller boutiques to larger stores. The property is situated in Miami-Dade County, within the Quail Heights area, providing convenient access to major roadways and a dense residential population. The center's established presence and strong tenant mix create a thriving commercial environment, making it an ideal location for businesses looking to establish or expand their presence in the South Florida market. The property is classified as a multi-tenant shopping center, ensuring a diverse and complementary tenant base. Interested parties are encouraged to inquire about lease terms and availability for these highly desirable retail spaces. This is a rare opportunity to secure a prime location in a thriving retail center.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1987
Construction CONCRETE
Total area 100,712 SF
Lot 8.8 ac (383,199 SF)
Zoning code 6103:NEIGHBRHD-ARTERIAL
APN 36-6009-018-0040
UPID US18-4710136

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Physician
  • Shopping Center & Mall
  • Bank Credit Union
  • Propane Supplier
  • Big Box & Wholesale Store

Location

20425 Old Cutler Rd Quail Heights, FL 33189
Quail Heights metro Census 10619 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.52M

Owner & transaction history

since 2017
3 recorded transactions
2017
$315,000
2010
$21.2M
2004
$115,000

Zoning & alternative use

6103:NEIGHBRHD-ARTERIAL · Cutler Bay, FL

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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