Press Releases
Marcus & Millichap Brokers Sale of $11.1M Shopping Center in Miami Gardens, Florida
June 19, 2026
MIAMI GARDENS, Fla., June 19, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Miami Gardens Center, a two-building retail center in Miami Dade County. The asset sold for $11.1 million.
“Miami Gardens Center is ideally located with excellent frontage along heavily traveled Miami Gardens Drive,” said Kirk Olson of Marcus & Millichap in Miami. “It is 100% leased with a strong tenant roster, and upside through the development of additional square footage in the parking lot and increasing rents on several short-term, below-market leases.”
Olson and Drew Kristol of Marcus & Millichap exclusively marketed the property on behalf of the seller, 4840 MGC LLC, based in Brooklyn, NY, and procured the buyer, Golden Horizon Terryville Corp, out of Hallandale Beach, FL.
Miami Gardens Center is located at 4880 NW 183rd St. and was built in 2006. The 52,467-square-foot property sits on 4.58 acres and was fully occupied at the time of the sale. The asset includes a separately configured four-tenant retail outparcel occupied by Dunkin’/Baskin-Robbins, Metro by T-Mobile, Di Angelo’s Pizza and a local smoke shop. Additional tenants include Cano Health, CareerSource South Florida and Montessori School of Miami Gardens.
The center is near Hard Rock Stadium and Calder Casino. The site also has an additional 6,000 square feet of undeveloped area in the parking lot.
“Miami Gardens Center is ideally located with excellent frontage along heavily traveled Miami Gardens Drive,” said Kirk Olson of Marcus & Millichap in Miami. “It is 100% leased with a strong tenant roster, and upside through the development of additional square footage in the parking lot and increasing rents on several short-term, below-market leases.”
Olson and Drew Kristol of Marcus & Millichap exclusively marketed the property on behalf of the seller, 4840 MGC LLC, based in Brooklyn, NY, and procured the buyer, Golden Horizon Terryville Corp, out of Hallandale Beach, FL.
Miami Gardens Center is located at 4880 NW 183rd St. and was built in 2006. The 52,467-square-foot property sits on 4.58 acres and was fully occupied at the time of the sale. The asset includes a separately configured four-tenant retail outparcel occupied by Dunkin’/Baskin-Robbins, Metro by T-Mobile, Di Angelo’s Pizza and a local smoke shop. Additional tenants include Cano Health, CareerSource South Florida and Montessori School of Miami Gardens.
The center is near Hard Rock Stadium and Calder Casino. The site also has an additional 6,000 square feet of undeveloped area in the parking lot.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
