Log In/Sign Up
Your email has been sent.
Commercial Kitchen - Fully Leased 72 NW 79th St 4,065 SF Retail Building Miami, FL 33150 $2,675,000 ($658.06/SF) 6.36% Cap Rate
Investment Highlights
- Fully built out commercial kitchen
- Fully leased
- High traffic corridor
Executive Summary
Metro 1 and NAI Miami Fort Lauderdale are proud to exclusively present for sale the property located at 72 NW 79 Street, Miami, FL ("The Property.")
The Property is a tenant-occupied, fully built-out 4,065 SF commercial kitchen with existing hoods, updated grease trap, and walk-in coolers and freezers.
Located in Little River/Little Haiti, along NW 79 Street, this location is the epicenter of the coolest neighborhood in Miami, according to Timeout Magazine. Just four blocks away from Sunny's Steakhouse - the only restaurant in Florida recently named one of New York Times' 50 Best Restaurants - the Property is in close proximity to Zey Zey, one of the city's best entertainment venues; Ultra Padel, the largest US Padel Club; Michelin starred restaurant Boia De; and Bib Gourmand restaurant La Natural. Other cool businesses include Imperial Moto Cafe, Fooq's, Magic 13 Brewing Co., Citadel Food Hall, Magie, Tran An, Raw Fit, Mid's Market, Counter Culture Coffee, Eliou, Ogawa, Bar Bucce, Fiorito, 727 Pilates, to name a few.
The Property is a tenant-occupied, fully built-out 4,065 SF commercial kitchen with existing hoods, updated grease trap, and walk-in coolers and freezers.
Located in Little River/Little Haiti, along NW 79 Street, this location is the epicenter of the coolest neighborhood in Miami, according to Timeout Magazine. Just four blocks away from Sunny's Steakhouse - the only restaurant in Florida recently named one of New York Times' 50 Best Restaurants - the Property is in close proximity to Zey Zey, one of the city's best entertainment venues; Ultra Padel, the largest US Padel Club; Michelin starred restaurant Boia De; and Bib Gourmand restaurant La Natural. Other cool businesses include Imperial Moto Cafe, Fooq's, Magic 13 Brewing Co., Citadel Food Hall, Magie, Tran An, Raw Fit, Mid's Market, Counter Culture Coffee, Eliou, Ogawa, Bar Bucce, Fiorito, 727 Pilates, to name a few.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,065 SF
Building Class
C
Year Built/Renovated
1960/2008
Price
$2,675,000
Price Per SF
$658.06
Cap Rate
6.36%
NOI
$170,130
Tenancy
Single
Building Height
1 Story
Building FAR
0.47
Lot Size
0.20 AC
Opportunity Zone
Yes
Zoning
T6-8 O - Retail high density.
Parking
6 Spaces (1.48 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Restaurant
- Security System
- Signalized Intersection
Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-3112-057-0010 | Improvements Assessment | $1,214,900 |
| Land Assessment | $864,000 | Total Assessment | $2,078,900 |
Property Taxes
Parcel Number
01-3112-057-0010
Land Assessment
$864,000
Improvements Assessment
$1,214,900
Total Assessment
$2,078,900
1 of 19
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
Commercial Kitchen - Fully Leased | 72 NW 79th St