North Miami Beach Retail Strip Center

Rare opportunity to acquire investment property with six retail bays, fully leased to tenants at rental rates below the current market, offering significant upside potential through future rent increases. (Rent Roll Available in OM, CA Required)

Situated in North Miami Beach, in one of the city's most high-traffic corridors, the property enjoys excellent visibility and is conveniently located near major thoroughfares, including Biscayne Boulevard and I-95.

The property is also positioned within the Town Center District, an area undergoing rapid transformation with favorable zoning that supports mixed-use and higher-density development.

This makes 1640 NE 164th Street not only a stable retail investment but also a prime redevelopment opportunity, with potential for vertical expansion or conversion into a mixed-use project. (See OM for more details)

• Located in North Miami Beach (NMB) just off the NMB and Aventura high-traffic corridors
• Thriving commercial area, boasting a vibrant mix of retail, dining, and entertainment.
• Minutes to Aventura, Sunny Isles, and I-95.
• Property located in the Town Center District, in Up-Zoned area of NMB
• Current Retail is stabilized with No Vacancy
• Value-add Income potential with migration to NNN leases with Rent Rate adjustments