Call For Offers: October 10, 2024

Perfect Hard-Corner Location

Positioned at the bustling, fully signalized intersection of Kendall Drive and US-1, Dadeland Point enjoys unmatched accessibility and visibility, drawing over 55,000 vehicles daily.

Ideal Visibility

Dadeland Point stands out with significant exposure on US-1, a major arterial road, making it a prime spot for attracting tenants and customers alike.

Credit Tenancy with Net-Lease Structure

Home to renowned national tenants like AT&T and Mattress Firm, Dadeland Point features triple-net leases that ensure reliable income and hassle-free management.

Below-Market Rents

Current rental rates, especially for Mattress Firm, are notably below market value, presenting a golden opportunity for future investors to boost returns by marking rent to market rate, which is nearly $100 PSF along the high-traffic US-1 retail corridor.

Major Recent Cap Ex

In the course of the last year, current ownership has completed a significant capital improvement program including all major building systems.

Enormous Future Redevelopment Potential

With a substantial ±0.92-acre footprint, Dadeland Point offers incredible future redevelopment opportunities, especially given the high rents in Dadeland and the site’s transit orientation, with proximity to two MetroRail stations. This strategic location not only supports current high-value retail use but also positions the property for vertical redevelopment, capitalizing on South Florida’s evolving land-use policies and increasing demand for residential mixed-use developments. Potential redevelopment paths include both Live Local and the Miami-Dade County RTZ designation.