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.
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.
Property Details
Price:
$5,300,000
MLS #:
A11730999
Status:
Active
Beds:
0
Baths:
0
Address:
4735 W Flagler St
Type:
Commercial
Subtype:
Retail
City:
Miami
Listed Date:
Jan 24, 2025
State:
FL
Finished Sq Ft:
7,549
Total Sq Ft:
7,549
ZIP:
33134
Year Built:
1946
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Schools
Interior
Exterior
Parking Features
Free Parking
Parking Spots
30
Financial
Taxes
$49,756
Map
Community
- Address4735 W Flagler St Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33134
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