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NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

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Property Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer the opportunity to acquire the Shops at Beacon Lakes (the “Property”), Miami’s newest large-scale shopping center development offering 417,248 leasable square feet on ±33.82 acres. Completed in 2020 and positioned at the strategic intersection of two of Miami-Dade County’s busiest highways, the Property is 100% leased* to an impressive roster of segment-leading national retailers including The Home Depot, City Furniture/Ashley Furniture, Dick’s Sporting Goods, Ross Dress for Less, Michaels, Five Below, and 24 Hour Fitness. The development is part of a broader project that includes Miami’s first Topgolf location drawing 25,000 visitors annually and Telemundo’s headquarters which is home to 2,000 employees.


The Shops at Beacon Lakes consists of five components: The Shopping Center and four long-term ground leases to The Home Depot, City Furniture/Ashley Furniture, Chili’s Bar & Grill, and Carvana. The components are being offered for sale collectively and/or individually.


*Including Seller Master Lease of 8,200 SF of shop space.

Investment Highlights

  • Amazing Collection of Retail, Entertainment, and Office Uses at One of Miami's Most Heavily Trafficked Thoroughfares
  • Dominant Tenancy with Long-Term Leases
  • Well-Balanced Merchandise Mix Led by National Retailers 
  • ±3,000 Linear Feet of Unimpeded Visibility Along Florida’s Turnpike (124,100 VPD)
  • High Quality New Construction with Limited Future Capital Requirements
  • Property Offered Unencumbered of Existing Debt
Last Updated Date: 12 Jul 2021
Danny Finkle
Danny Finkle
Senior Managing Director, Miami Office Co-Head, Retail Group Leader
License details
FL-SL3043501
Eric Williams
Eric Williams
Senior Director, Capital Markets
License details
FL-SL3179736

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Last Updated Date: 12 Jul 2021

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