Majestic Plaza

Majestic Plaza

8150 Southwest 8th Street, Miami, FL, USA

Majestic Plaza

Cushman & Wakefield’s Retail Investment Advisors is pleased to offer for sale Majestic Plaza, a high-quality unanchored retail strip center located in the heart of West Miami-Dade. The center is situated along the highly trafficked 8th Street (Calle Ocho), ¼ mile west of a Palmetto Expressway interchange. This offering represents the unique opportunity to acquire an established strip center benefiting from a diverse tenant line-up and a prime location along 8th Street in one of Miami-Dade’s most densely populated areas.

Built in 1984, Majestic Plaza is a 44,520 sf unanchored strip center that is 100% leased. The main building is comprised of two-stories containing 46 suites ranging from 700-2,100 sf. Each floor is comprised of 18,900 sf across 23 suites. The 2nd floor is accessible via three staircases located in the middle and at both ends of the building and one central elevator. The offering also includes two 3,360 sf outparcels fronting SW 8th Street. The center features a prominent monument sign in the center of the site with a digital element that was recently upgraded, increasing visibility from 8th Street.

Property Summary

Site Area2.32 acres
Year Built1984
GLA (SF)44,520
Occupancy100%

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