Wednesday, August 12, 2015

Marcus & Millichap’s Exclusive Listing: Sabina Plaza in Miami, FL Hits the Market for $13.6 Million


Sabina Plaza, SW 152nd Avenue , Miami, FL

Kirk D. Olson
 MIAMI, FL – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced that it has obtained the exclusive listing for Sabina Plaza at Bird Road, a 51,044-square-foot shopping center located in Miami. The asset is listed for $13,616,000.

Kirk D. Olson and Drew A. Kristol, both vice president investments in Marcus & Millichap’s Miami office, are representing the seller, a limited liability company from North Miami, Fla.

“The property is in impeccable condition with minimal deferred maintenance and excellent curb appeal,” says Olson. “This is a rare opportunity for an investor to own a newer construction shopping center in one of Miami’s most attractive, high-growth submarkets.”

Sabina Plaza is anchored by Dollar Tree with a diverse mix of national and local tenants including a daycare, martial arts studio, dance studio, dental office, nail salon, beauty salon, cross-fit gym and two restaurants. Walgreens and Bank of America are outparcels to the property and attract significant traffic; they are not included in the offering.

Sabina Plaza at Bird Road is located at 4001 SW 152nd Avenue on the signalized corner of Bird Road and SW 152nd Avenue.

For a complete copy of the company’s news release, please contact:

Kirk A. Felici
First Vice President/District Manager
 Miami, FL
(786) 522-7000


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