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Retail Featured

Sunset Plaza Retail

1220 Collins Ave, Miami Beach, FL 33139

Asking price

$18M

Cap rate

5.9%

NOI
$1M
Square feet
32,400
Year built
2001
Price / SF
$568

Overview

Grocery-anchored strip center with long-term corporate leases. This offering represents a compelling opportunity in the Miami Beach submarket. The asset benefits from strong in-place cash flow, defensible fundamentals, and multiple avenues for value creation through operational improvements, strategic repositioning, and market rent growth. Underwriting materials, T-12, rent roll, and full offering memorandum available upon signed confidentiality agreement.

Financial highlights

Asking price
$18,400,000
NOI (in-place)
$1,085,600
Cap rate
5.9%
Price per SF
$568

Documents

Detailed underwriting, T-12, and rent roll available under signed CA.

Offering Memorandum
Executive Summary
Full Financial Package
T-12 & Rent Roll

Location