4735 W Flagler St, Miami, FL 33134, Miami, FL 33134
sale
$5,300,000
|
Retail
Courtesy Of First Service Realty Era Powered
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.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- MLSID: A11929934
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