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3% Buyer's Broker Commission 4700-4708 W Flagler St 6,900 SF 100% Leased Retail Building Miami, FL 33134 $2,975,000 ($431.16/SF) 7.13% Cap Rate



INVESTMENT HIGHLIGHTS
- Fully leased 11,620-square-foot, two-story retail asset with a single residential tenant, ensuring steady cash flow and strategic upside potential.
- Pro forma NOI exceeding $212,000 with a 6.5% cap rate, ideal for investors prioritizing yield, stability, and asset appreciation potential.
- Prime corner location on Flagler Street and SW 47th Avenue with visibility to over 38,000 vehicles daily (VPD) and access to major national retailers.
- Strong regional demographics support sustained growth, including a population of 562,995 and $5.7B in total consumer spending within 5 miles.
EXECUTIVE SUMMARY
Anchored by The Nail Bar, the center's other tenants, including a florist, a travel agency, a photography studio, and a family medical practice, create a diverse tenant mix and stable cash flow for investors. Situated along Flagler Street, a main thoroughfare connecting Downtown Miami to Florida’s Turnpike, the asset benefits from strong national retail drivers nearby, such as Starbucks, Sedano’s, and Bank of America. With a pro forma net operating income exceeding $212,000 and a pro forma cap rate of 6.5%, 4708 W Flagler Street offers immediate income and significant value-add potential for investors seeking long-term growth in a market with strong demographics and robust consumer spending.
With an average home value of $506,746 and a population of 562,995 within a 5-mile radius, this location drives $5.7 billion in total consumer spending, positioning it as a premier investment opportunity in one of Miami’s most desirable retail corridors.
Note: A 3% buyer broker commission is being offered. Contact Albert at AJC Invest for more details.
PROPERTY FACTS
AMENITIES
- Signage
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Gather & Bloom Events LLC
- Services
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99,999 SF
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$9.99
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Lorem Ipsum
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Jan 0000
The Nail Bar is a beauty and nail salon located in Miami, Florida, specializing in nail care and spa services. The salon offers a wide range of treatments, including manicures, pedicures, acrylic and gel extensions, facials, waxing, and hair styling. Known for its relaxing atmosphere, The Nail Bar provides complimentary wine and coffee to enhance the client experience. The salon emphasizes cleanliness, professionalism, and personalized service, catering to walk-ins and appointments. It has earned positive reviews for its attention to detail and creative nail designs, making it a popular destination for beauty enthusiasts in the Coral Gables and Miami area.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Gather & Bloom Events LLC | Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
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Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
DEMOGRAPHICS
Demographics
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 01-4106-014-0010 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,269,062 |
PROPERTY TAXES
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3% Buyer's Broker Commission | 4700-4708 W Flagler St
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