3553 W. 76th St - Centro Canarias Plaza

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List Price
$6,030,000
Cap Rate
6.11%
PPSF
$496
Lot Size
43,560 SF
Key Highlights
Built in 2004, this asset stands out in a market dominated by 1970s - era retail inventory, offering a rare opportunity to acquire newer construction in a highly desirable area
Exceptional population density with over 28,000 people within a 1 - mile radius, driving long - term economic viability.
The property features 14 bays averaging 867 SF each. Currently several tenants occupy multiple bays, offering future potential for reconfiguration to maximize tenancy and rental income
Less than 1 - Mile from Residences and Shoppes of Highland, a mixed - use development that entails a 190,000 - square - foot Publix Anchored retail center and 244 apartments
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3553 W. 76th St - Centro Canarias Plaza
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The information contained on this website is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap (including Marcus & Millichap Real Estate Investment Services, Inc. and its affiliated entities and subsidiaries) and distribution to any other person or entity without the express written consent of Marcus & Millichap is strictly
prohibited. This website provides summary, unverified information to prospective purchasers, and has been prepared to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB's or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. Marcus & Millichap has not made any investigation, and makes no representation or warranty, that the information on this website has not changed since it was originally prepared and posted. The information contained on this website has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all the information set forth herein.

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Jonathan De La Rosa
Senior Managing Director Investments
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Eddie Toledo
First Vice President Investments
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