Basics
| Date added Added 3 weeks ago | Category Retail | Type Commercial Sale | Status Active |
| Lot size, sq ft 25928 sq ft | Year built 1946 | ListOfficeName First Service Realty ERA | ListAOR Miami Association of REALTORS® |
| MLS ID A11730999 |
Description
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Description:
Retail strip center in the growing West Flagler submarket, just minutes from Little Havana.
This 100% occupied property offers a rare opportunity for investors to maximize returns. Current tenants pay below-market rents, with significant income growth potential by converting gross leases to NNN leases and shifting operational costs like water and trash to tenants.
Highlights:
Redevelopment Potential: Ideal for Live Local Act incentives.
Income Growth: Below-market rents, with 5 tenants on month-to-month leases and 2 expiring in 2026.
High Demand: Small retail spaces in the area are highly sought after.
Prime Location: Flagler Street frontage with 38,000 vehicles daily.
This property offers immediate cash flow and strong growth potential—an exceptional investment opportunity.
Location
- CountyOrParish: Miami-Dade County
Building Details
- ParkingTotal: 30
- NewConstructionYN: No
- Parking: Free Parking
Video
- Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11730999
Amenities & Features
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- CoolingYN: No
- PoolPrivateYN: No
- FireplaceYN: No
