Fully renovated shopping center! ! ! Fully leased 7, 801 sqft building. Long-term nnn (minimum 5 year) leases. 5. 83% cap rate! Cash flowing at an average of $37/sqft in year 3. 29, 185 sqft lot located on south dixie highway in palmetto bay, fl. Great long-term investment property along with redevelopment opportunities due to possible changes in the code for the us 1 corridor.