Sunday, July 26, 2015

Marcus & Millichap Wins Exclusive $8.98 Million Listing for 191,664-SF Parcel in Hialeah Gardens, FL


Alex D. Zylberglait
HIALEAH GARDENS, FL – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced it has obtained the exclusive listing for 9101 Okeechobee Road, a 191,664-square foot land parcel located in Hialeah Gardens, Fla. The asset is listed for $8,975,000.

Alex D. Zylberglait, a senior vice president investments, and Joseph Phelps, an associate, in Marcus & Millichap’s Miami office, are representing the seller, a private investor from Hialeah Gardens, Fla.

“This redevelopment opportunity is located on the northwest corner of the interchange between Okeechobee Road and The Palmetto Expressway,” says Phelps.  “B-3 zoning allows for retail, self-storage, and hotel development among other uses. 

"This is a marquee location in one of the most visible locations in Miami-Dade County.”

“The property is also adjacent to a Walmart Supercenter and across from the Westland Mall - which make the site attractive to national tenants,” adds Zylberglait.

The 191,664-square foot parcel is improved with an 11,638-square foot structure. The property is currently occupied by USA Truck Service Plaza, Cat Scale, and several month-to-month tenants.
     
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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