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Property Detail

Northwest 2nd Avenue
Caribbean Shoppes is the Highway 441 commercial corridor’s iconic retail shopping center .
$9,475,000

Description

  • Caribbean Shoppes is the Highway 441 commercial corridor’s iconic retail shopping center, with sizable units to accommodate various tenant needs.
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  • Surrounded by Miami Gardens’ diverse working- and middle-class community near the Golden Glades interchange, Hard Rock Stadium, and the Calder Casino.
  • Fully leased with a 22-tenant roster, this prime shopping center offers a stable investment structure and showcases the area's key positioning
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  • Strategically located 15 minutes from the Aventura Mall, five minutes away from Hallandale Boulevard and 10 minutes away from Hollywood Boulevard.

Executive Summary

Caribbean Shoppes at 19501 NW 2nd Avenue is a well-maintained retail center in Miami. Spanning 27,872 square feet of building space and 1.68 acres of land, this plaza is a progressively modern retail development along the 3-mile US Highway 441 commercial corridor, brand new and stunning modern facade with ACM aluminium and Granite, brand new asphalt on parking lot.
Benefit from a customer-focused shopping environment with incredible driver and pedestrian visibility, professional landscaping, and 80 parking spaces across two double-sided aisles. Caribbean Shoppes has a loyal customer base that generates steady business year-round, which speaks volumes about the quality of products and services and indicates a successful symbiotic relationship between the tenants and the surrounding area.

Maintaining such longevity and consistency in business is no small feat, and it's a testament to the resilience, hard work, and dedication of both the tenants and the management of Caribbean Shoppes. The tenants' diverse offerings complement each other, creating a vibrant and attractive destination for shoppers.

Caribbean Shoppes

Listing ID : 00868

SKU: 868

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Price History

DateEventPrice
December 12 2024Listed$9,475,000.00