CVS Plaza
2411 SW 147th Avenue
Miami, Florida 33185
Property Highlights
| Site Area: 4.05 Acres | Gross Leasable Area: 18,214 |
| Parking Spaces: 197 | Availability: View on Loopnet |
| Parking Ratio Per 1,000 SF: 6.74 | Daily Traffic Count: 45,000 |
| Built: 2004 | GPS Coordinates: Lat. 25.744381, Long. -80.4317219 |
| Acquired:2013 |
- CVS Plaza is the last shopping center on Coral Way going West and services several affluent new communities that boast large homes occupied by young families with an average household income of nearly $90,000.
- The intersection is shared with strong performing Publix Supermarket, CVS Pharmacy, and Bank of America and is within 1 mile from G. Holmes Braddock High School (3,500 students) and Zelda Glazer Middle School (1,400 students).
- This is a very underserved market with a population of 17,343 within 1 mile and only 236,000 SF of shopping centers for a retail per capita ratio of 13.6 (The average for Florida is 30).
- The traffic project extending and expanding SW 147th Avenue from Tamiami Trail to Coral Way will be complete by January 2014 and will dramatically increase accessibility and traffic to CVS Plaza.
2014 Estimated Demographics
| Data | 1 mile | 2 mile | 3 mile |
|---|---|---|---|
| 2022 Estimated Total Population | 11,737 | 48,386 | 93,941 |
| Average Household Income | $52,662 | $55,146 | $63,379 |
| Daytime Population | 7,145 | 33,790 | 52,442 |
| Median Age | 39.2% | 37.2% | 37.2% |
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