Retail: Cutler Bay Towne Center - Miami, Florida

Minimum Purchase: $400,000
Projected Cash-On-Cash Return: 6.75%

Cutler Bay Towne Center is a recently re-developed retail, shopping center located in Miami, Florida. The 103,566-SF center 100% leased through 2015 to Office Depot, 24 Hour Fitness, K&G Fashion Superstore, Home KO, and Party City. In addition to the strong tenant mix, the property is ideally located in one of Miami’s major retail sectors and fastest-growing areas of residential development. It is shadow-anchored by Publix Supermarket and benefits from being located across the street to the 986,760-SF Southland Mall, the only enclosed regional mall servicing South Miami-Dade County. The building recently underwent an extensive re-development including a new roof, updated façade and light fixtures. Cutler Bay Towne Center offers stable cash flow, little ongoing maintenance and, attractive appreciation potential.

Property Highlights:

• Located in one of the fastest-growing residential areas in South Miami-Dade County and across the street from the 986,760 SF Southland Mall
• Currently 100% Leased to national Credit tenants including: Office Depot, 24 Hour Fitness, and Party City
• Shadow-Anchored by Publix Supermarket
• Non-recourse Financing
• Year one Projected Cash-on-Cash return: 6.75%
• Built 1993 and Re-developed in 2007

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