Retail Space
2060 Northwest 22nd Avenue Miami, FL 33142
Details & Description
Price: $2,800,000
    Fausto Commercial is pleased to present for sale 2060 Plaza, a shopping center located at 2060 NW 22nd Avenue, Miami FL 33142. The property consists of 12 units servicing the local community, totaling 13,400 Rentable Square Feet and fully rented. The property is strategically located on NW 22nd Avenue that allows for visibility from NW 20th Street with 28,000 passing vehicles per day. Furthermore, the subject has the availability of 30+ parking spaces.Currently rents average $15 per Square Foot Gross. The subject property’s retail rents are 20 percent below the market, minimizing the downside risk for an investor to reposition. Through repositioning current leases, an investor will increase cash flow on the property significantly maximizing the yield. The subject property is positioned strategically, and Allappattah is one of Miami’s most stable markets, demographically and economically, with a strong local working-middle class base that continues to grow every year. This site is on NW 22nd Avenue, one of the most important and densely populated corridors.
    Listing Agents
    Vicente Rodriguez

    O: 305-510-6627
    VR@FaustoCommercial.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    2060 Northwest 22nd Avenue

    Miami, FL 33142

    Listing ID: 214610
    • 2060 Northwest 22nd Avenue Miami, FL 33142 | for Sale | Photo 1
    • 2060 Northwest 22nd Avenue Miami, FL 33142 | for Sale | Photo 2
    • 2060 Northwest 22nd Avenue Miami, FL 33142 | for Sale | Photo 3
    2060 Northwest 22nd Avenue | for Sale | Thumbnail 1
    2060 Northwest 22nd Avenue | for Sale | Thumbnail 2
    2060 Northwest 22nd Avenue | for Sale | Thumbnail 3
    Building Size: 13,500 SF
    Lot Size: 0.462 AC
    Land Size: 20,110 SF
    Building $/SF: $207.41
    Land $/SF: $139.23
    Price
    $2,800,000
    Description

    Fausto Commercial is pleased to present for sale 2060 Plaza, a shopping center located at 2060 NW 22nd Avenue, Miami FL 33142. The property consists of 12 units servicing the local community, totaling 13,400 Rentable Square Feet and fully rented. The property is strategically located on NW 22nd Avenue that allows for visibility from NW 20th Street with 28,000 passing vehicles per day. Furthermore, the subject has the availability of 30+ parking spaces.

    Currently rents average $15 per Square Foot Gross. The subject property’s retail rents are 20 percent below the market, minimizing the downside risk for an investor to reposition. Through repositioning current leases, an investor will increase cash flow on the property significantly maximizing the yield. The subject property is positioned strategically, and Allappattah is one of Miami’s most stable markets, demographically and economically, with a strong local working-middle class base that continues to grow every year. This site is on NW 22nd Avenue, one of the most important and densely populated corridors.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Miami History of Retail Space for Sale

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    Miami Area Market Trends

    Listing Demographics for 2060 Northwest 22nd Avenue Miami, FL 33142

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population43,793329,221781,405
    Population Median Age404041
    Population by Age0-9 Yrs4766 (10%)35450 (10%)85288 (10%)
    10-19 Yrs4357 (9%)31673 (9%)67470 (8%)
    20-29 Yrs5878 (13%)46154 (14%)98810 (12%)
    30-39 Yrs7273 (16%)53372 (16%)135654 (17%)
    40-49 Yrs6109 (13%)45897 (13%)115738 (14%)
    50-59 Yrs5353 (12%)44193 (13%)105000 (13%)
    60-69 Yrs4959 (11%)32573 (9%)80331 (10%)
    70+ Yrs5098 (11%)39908 (12%)93113 (11%)
    Median HH Income$26,927$32,714$48,495
    Total Household Income< 24K7267 (47%)48933 (40%)93955 (30%)
    25-49K4270 (27%)31846 (26%)64976 (20%)
    50-74K2116 (13%)17575 (14%)45181 (14%)
    75-99K911 (5%)10466 (8%)31629 (10%)
    100-199K755 (4%)10252 (8%)47022 (15%)
    200K+85 (0%)3092 (2%)29118 (9%)
    Highest Education LevelNo Diploma1038964250110926
    Diploma or GED1140876738146222
    Some College31293101872851
    Assoc. Degree21561648542816
    Bachelors Degree339135134120601
    Higher Degree16091856796939
    Total Housing Units16,630138,764379,844
    --Owner-Occupied3,22730,963109,384
    --Renter-Occupied12,17791,202202,496
    Owner-Occupied Values< 100K43035988992
    100-199K951733614821
    200-299K1122841724880
    300-399K426522416146
    400-499K158268110501
    500K+140370634045
    Total Working Age Population36,419274,544652,894
    In Work Force20,032165,517416,838
    Not In Work Force16,387109,027236,056
    Workforce Employed19,253154,816393,215
    Workforce Unemployed75210,63523,328
    Civlian Workforce20,005165,451416,544
    Military Workforce2766294
    Total Households15,404122,165311,881
    Family Households9,05169,415168,677
    Non-Family Households6,35352,749143,203
    Married Couple4,98637,359104,703
    Other Family4,06532,05663,975
    Married w/Child1,85313,69638,044
    Single Male w/Child3442,6425,774
    Single Female w/Child1,48210,58420,286

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
    Miami-Dade County2,253,362+112,496,435+152,861,579+113,190,242
    Monroe County79,589-873,090+174,004074,301

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 2060 Northwest 22nd Avenue in Miami?
    The asking price for 2060 Northwest 22nd Avenue is $2,800,000
    What is the building size of this Retail property in Miami, FL?
    The size of the building/unit at 2060 Northwest 22nd Avenue in Miami is 13,500 square feet
    How much land does the Miami, FL property at 2060 Northwest 22nd Avenue include?
    2060 Northwest 22nd Avenue in Miami includes 0.462 acres of land
    What kind of Retail is the propery at 2060 Northwest 22nd Avenue?
    The property at 2060 Northwest 22nd Avenue Miami, FL 33142 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 2060 Northwest 22nd Avenue in Miami?
    The population within 1 mile of 2060 Northwest 22nd Avenue Miami, FL 33142 is 43,793 people.
    Who do I contact for questions about 2060 Northwest 22nd Avenue?
    You should contact the listing agent, Vicente Rodriguez, for any details regarding this commercial listing.

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    2814 Northwest 17th Avenue, Miami, FL $1,025,000 2272 0.17
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    3599 Northwest 23rd Avenue, Miami, FL $2,900,000 7500 0.5
    2360 Northwest 36th Street, Miami, FL $890,000 4838 0.12
    2511 Northwest 35th Street, Miami, FL $800,000 14000 0.5
    4009 NW 16th Ave, Miami, FL CALL 2100 -

    Closest Commercial Airports

    Airport Distance (mi)
    Miami International Airport (MIA) 4
    Fort Lauderdale Hollywood International Airport (FLL) 20
    Palm Beach International Airport (PBI) 62