Sienna Shops of Miramar is a 22,400 square foot shopping center located on South University Drive in Broward County just north of the Hard Rock Football Stadium, home of the Miami Dolphins. This 2015 construction property sits on over 6.6 Acres and has multiple access points off of S. University Drive which is a main commercial corridor in the heart of Miramar. The section of University Drive has an average daily car count of over 50,000 cars and sits within an incredibly dense section of Broward County which boasts over 185,000 people living within three miles of the subject property. Directly to the south of the subject property sits both the Calder Race Track and the Hard Rock Stadium, both venues provide constant traffic which benefits the local retail market.
The Sienna Shops at Miramar has a great mix of national and local service tenants. Anchored by a drive-through Dunkin’ Donuts and a Hungry Howie’s sandwich shop, there are multiple service-related tenants that are ideally situated in this location. Directly behind the subject property is a new residential townhouse development which has recently sold out at an average price of $300,000 to $350,000 per unit. Sienna Shops at Miramar has incredible visibility because it was built up towards the street with minimal setbacks and parking on the west side of the shopping center.