Retail Space For Lease @ 8934 Sw 40th St

Lee & Associates is pleased to present the Shops at Bird and 89, a retail strip center on Bird Road in the densely populated Westchester neighborhood of Miami located on the south side of Bird Rd or Westbound traffic. The site is conveniently positioned right on SR 976/SW 40th Street/Bird Road a major east-west thoroughfare that serves as a principal arterial facilitating the movement of local and regional traffic within central Miami-Dade County.
The center is 6,900 SF with 4 tenants and ample parking. Nathan’s Famous Hot Dog’s is the largest and main tenant occupying 25% of the GLA and is on a new 5-year lease. The property is 100% leased and can be purchased at a 4.6% in-place cap rate.

There are two buildings built in 1958 and completely renovated in 2020 connected by a breezeway. The center sits on 30,000 square feet located in the heart of the Bird Road Corridor Urban Area District and has 100 feet of frontage directly on Bird Rd. With UC-MC mixed-use zoning, the investment is prime for future redevelopment. Currently, the BRCUAD center sub-district allows for 4 stories and 36 units per acre. This space offers accomodations for: strip center.