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Pincho 4950 W 12th Ave 2,547 SF Retail Building Hialeah, FL 33012 $1,750,000 ($687.08/SF) 5.57% Cap Rate
INVESTMENT HIGHLIGHTS
- Great location with signage available for Tenant.
- Ample parking provided on large lot to accommodate business needs.
- Phenomenal traffic count with 45,076 VPD on W 49th Street. Main thru way in Hialeah.
- Updated finished throughout retail space.
EXECUTIVE SUMMARY
Looking to trade your Bitcoin? Here is a great solution. Building for sale only. Tenant currently on lease for next 4 years. Previous to them was long standing BBQ Restaurant well over 40 years in business. Great location in the heart of Hialeah. With ample parking, high visibility, and heavy foot traffic, this location is a great fit for your portfolio. Or great location to grow your future business.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$70,200
|
$27.56
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$70,200
|
$27.56
|
| Taxes |
$10,500
|
$4.12
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$10,500
|
$4.12
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $70,200 |
| Annual Per SF | $27.56 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $70,200 |
| Annual Per SF | $27.56 |
| Taxes | |
|---|---|
| Annual | $10,500 |
| Annual Per SF | $4.12 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $10,500 |
| Annual Per SF | $4.12 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,547 SF
Building Class
B
Year Built/Renovated
1972/2017
Price
$1,750,000
Price Per SF
$687.08
Cap Rate
5.57%
NOI
$97,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.24 AC
Zoning
C-2 - 6400/COMMERCIAL - CENTRA
Parking
15 Spaces (5.88 Spaces per 1,000 SF Leased)
Frontage
56’ on W 12th Ave
AMENITIES
- Corner Lot
- Restaurant
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Accommodation and Food Services
- -
- -
- -
PINCHO is something uniquely Miami and, like the city of its birth, beautifully international. Founded by Otto Othman, Nedal Ahmad and Nizar Ahmad in 2010, PINCHO was inspired by Otto’s mother’s famous kebabs (aka pinchos) and a Latin take on the classic American burger. Serving a gorgeous feast of fast, flavorful fusion, PINCHO quickly expanded throughout Florida and now Texas. The beloved brand has attracted families and foodies alike from all over the U.S. and has won awards every year of its 14-year history.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Accommodation and Food Services | - | - | - |
Walk Score®
Very Walkable (88)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 04-3002-000-0015 | Total Assessment | $617,461 (2025) |
| Land Assessment | $414,000 (2025) | Annual Taxes | $10,500 ($4.12/SF) |
| Improvements Assessment | $203,461 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
04-3002-000-0015
Land Assessment
$414,000 (2025)
Improvements Assessment
$203,461 (2025)
Total Assessment
$617,461 (2025)
Annual Taxes
$10,500 ($4.12/SF)
Tax Year
2024
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Pincho | 4950 W 12th Ave
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