Documents
Key facts
| Year Built | 1970 |
| Building Area Net |
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| Land Area Net |
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| Rentable Area |
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| Occupancy | 94.0 % |
Property description
Jones Lang LaSalle Americas, Inc. (“JLL”), a licensed real estate broker - is pleased to offer the opportunity to acquire Midway Crossings, a 666,117 square foot, regionally dominant retail center located in the heart of Miami and at the intersection of two of South Florida’s busiest expressways. The property is currently 93.7% leased to an exceptional roster of investment grade retailers led by Costco, Home Depot, Micro Center, Marshalls, Ross, Aldi, Burlington, Old Navy and Five Below.
Investment highlights
- Unmatched Collection of Dominant Retailers - with Costco Wholesale, The Home Depot, Aldi Supermarket, Marshalls and Burlington among others
- South Florida's Most Expansive Trade Area - +430,472 estimated population within 5-mile, +624,830 population within the primary trade-area and +$79,000 average house hold income
- Robust investment grade tenancy driving customer traffic and providing durable long-term cash flow
Similar Properties
View moreThe value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.
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https://www.joneslanglasalle.co.jp/ja/compliance-with-laws-and-regulations-and-its-representation
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