$15,400,000
Publix at Brickell Village Sale
134 SW 13 ST Miami, FL 33130 Property Type: Retail 38,913 total sqft | $396/sqft Listing Status: ClosedThe Publix anchored center on SW 13th Street presented a rare opportunity to own one of the most highly traffi cked shopping centers in the heart of Miami’s fi nancial district, Brickell. This center’s Publix boasts sales of approximately triple the average store location and has minimal management responsibilities with only four (4) current tenants.
Publix at Brickell Village Sale Details
The Publix anchored center on SW 13th Street presented a rare opportunity to own one of the most highly traffi cked shopping centers in the heart of Miami’s fi nancial district, Brickell. This center’s Publix boasts sales of approximately triple the average store location and has minimal management responsibilities with only four (4) current tenants.
All of the center’s existing tenants were paying below market rents, which presented additional upside for the purchaser. Additionally, the retail center was sold with an adjacent parking lot that allowed the purchaser long term upside through future redevelopment of over two (2) acres in the heart of Brickell, while yielding substantial current cash flow.
- Price: $15,400,000
- Listing Type:Commercial
- Property Type:Retail
- Property SqFt:38,913
Publix at Brickell Village Sale Property Additional details
- Year Built: 1996
- Floors: 1
- Tenants: 100% Occupied
- Property Type: Retail & Parking
- Zoning/Use: 6100 - Restricted Commercial
- Folio 01-4138-087-0020; 01-4138-087-0010; 01-4138-087-0050:
- Total Parking Spaces: ± 7 per 1,000 SF
- Building Sq Footage: ± 38,913 SF
- Total Lot Size: ± 2.32 Acres