NW Miami Triangle

Highlights

• Location: Northwest Miami-Dade County, which offers excellent accessibility and a diverse customer base.
• Tenants:
• Tire Store:
• Business Type: A well-established tire store that specializes in selling, repairing, and servicing tires for various vehicles.
• At-Will Tenant: The tire store operates on a month-to-month lease or at-will basis, providing flexibility for both the tenant and the property owner.
• Pizza Shop:
• Business Type: A popular pizza shop offering dine-in, takeout, and possibly delivery services.
• At Will Tenant: Similar to the tire store, the pizza shop operates on a month-to-month lease or at-will basis.
• Third Tenant (if applicable):
• If there is a third tenant on the property, it could be another commercial business that complements the tire store and pizza shop. This tenant's type and lease terms would need to be determined separately.
• Property Features:
• Storefront Visibility: The property likely has prominent storefronts for both the tire store and pizza shop, offering high visibility to passing traffic.
• Parking: Ample parking space for customers of all three tenants, ensuring convenience for patrons.
• Location Advantages: Being located in Northwest Miami-Dade County means access to a diverse customer base, including residents, commuters, and businesses in the surrounding area.
• Flexibility: The month-to-month lease or at-will arrangement with the tenants allows for flexibility in case the property owner wishes to make changes or if tenants' needs change.
• Tenant Improvements: Depending on the lease agreements, there may be tenant improvements or build-out features tailored to the specific needs of the tire store and pizza shop.
• Local Amenities: The property's location likely provides easy access to local amenities such as shopping centers, schools, parks, and healthcare facilities, which can attract customers.
• Investment Potential: This type of property can offer investors a steady income stream while allowing them to explore different leasing options in the future.
• Property Management: Consider whether you'll manage the property yourself or employ a property management company to handle day-to-day operations and lease negotiations.
• It's important to note that month-to-month leases or at-will tenancy arrangements can provide flexibility but also require continuous tenant management and lease renegotiation. Property owners should carefully assess the financial implications and potential risks associated with this type of lease arrangement.

Description

A three-tenant commercial property in Northwest Miami-Dade County with a tire store and a pizza shop as tenants can offer a unique investment opportunity.

Northwest Miami-Dade County is a diverse and dynamic area in South Florida that encompasses various neighborhoods, cities, and commercial districts.

Accessibility: Northwest Miami-Dade County is well-connected to major transportation arteries, including highways like I-95, the Palmetto Expressway (SR 826), and the Florida Turnpike. This makes it easily accessible for both commuters and customers.

Diversity: The area is known for its cultural diversity, with a mix of residents from various backgrounds. This diversity can be advantageous for businesses as it can cater to a wide range of customer preferences.

Commercial Districts: Northwest Miami-Dade County has several commercial hubs and districts, including Doral, Hialeah, Miami Lakes, and more. Each of these areas has its own unique character and business opportunities.

Demographics: The demographics in this area vary by neighborhood, but you can generally expect a mix of residential communities, industrial zones, and commercial centers. It's essential to research the specific neighborhood to understand your potential customer base.

Retail Opportunities: Northwest Miami-Dade County offers numerous retail opportunities, with shopping centers, malls, and strip malls scattered throughout the region. These provide excellent visibility and foot traffic for retail businesses.

Industrial Zones: Some parts of Northwest Miami-Dade County are known for their industrial zones and warehouses. If your commercial property is in one of these areas, it might be suitable for logistics, distribution, or manufacturing businesses.

Real Estate Market: The real estate market in this area can be competitive, and property prices can vary significantly depending on the location, size, and type of property. It's essential to research the current market conditions before making any real estate investment.

Local Amenities: The area boasts a variety of amenities such as parks, schools, healthcare facilities, and cultural attractions. These amenities can be attractive to both businesses and employees.

Economic Activity: Northwest Miami-Dade County is home to a range of industries, including finance, healthcare, manufacturing, and logistics. It's important to consider how your business aligns with the local economic landscape.

Zoning and Regulations: Be aware of local zoning laws and regulations that may affect your commercial property's use. Zoning ordinances can vary by municipality within the county.