Karson & Co. & The Porosoff Group of Compass Florida are pleased to present exclusively for sale 2499 Palm Avenue in Miramar, Florida, is a high-quality, freestanding retail building formerly occupied by Walgreens. Constructed in 2007, the building spans approximately 14,560 square feet and sits on a generous 1.77-acre parcel with ample surface parking for 67 vehicles, equating to a strong parking ratio of 4.6 spaces per 1,000 square feet.
The structure is well-maintained and features a functional layout with a dedicated drive-thru lane, making it ideal for pharmacy, medical, or quick-service retail uses. Located at a signalized intersection on the northeast corner of Palm Avenue and Miramar Boulevard, the property enjoys excellent visibility and accessibility, with multiple points of ingress and egress. It is directly across from the Miramar Park of Commerce, one of the largest corporate parks in South Florida, which drives consistent daytime traffic and provides a strong employment base.
The surrounding area is densely populated and continues to experience residential and commercial growth, enhancing the long-term value and viability of the site. Zoned TND (Traditional Neighborhood Development), the property allows for a variety of commercial uses, offering flexibility for both investors and end-users. With a triple net lease structure and a competitive asking rate, this asset presents a compelling opportunity for repositioning or re-tenanting in a thriving suburban market.
High-Quality Retail Asset: 14,560 SF freestanding building constructed in 2007 with a drive-thru lane, ideal for pharmacy, medical, or quick-service retail uses.
Prime Location: Situated at a signalized intersection with excellent visibility and access on Palm Avenue & Miramar Boulevard, directly across from the Miramar Park of Commerce.
Strong Demographics & Growth: Located in a densely populated area experiencing continued residential and commercial growth, supporting long-term demand.
Ample Parking: Large 1.77-acre parcel with 67 parking spaces (4.6 per 1,000 SF), enhancing tenant and customer convenience.
Flexible Zoning & Opportunity: Zoned TND allowing varied commercial uses, offering investors potential for repositioning or re-tenanting under a triple net lease structure.
CRE Advisor Multifamily Hospitality Development
NMHC PAC Contributor
Tel: (305) 733-6066
art@porosoff.com
License: FL SL3160379
Multifamily Advisor
barbara@porosoff.com
License: FL SL3404553
COO
Tel: (727) 403-0321
logan@porosoff.com
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