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Sanctuary Doral 9420 NW 41st St 13,283 SF 100% Leased Retail Building Doral, FL 33178 $16,900,000 ($1,272.30/SF)



Executive Summary
Sanctuary at Doral, located at 9420–9430 NW 41st Street, Doral, FL 33178, presents a rare opportunity to acquire a newly built, 100% occupied retail asset in one of South Florida’s fastest-growing submarkets. Completed in 2023, this 26,419 SF two-unit retail condominium investment is fully leased on a triple-net basis, delivering a strong in-place NOI of $1,080,640 with a 75-month weighted average lease term. The property is anchored by Seabra Foods, a proven grocery operator with approximately $2.63 million in 2025 store sales, alongside a newly executed lease with City Food Hall Doral, bringing dynamic food-and-beverage traffic to the project. Both leases feature contractual rent growth, with average base rent of $40.22/SF, creating durable income and upside. Positioned along NW 41st Street with exposure to approximately 48,000 vehicles per day, the asset benefits from exceptional visibility and a built-in customer base from the 226 luxury apartments directly behind the retail. The surrounding Doral market continues to surge, with more than 9,000 residential units planned or under construction nearby, further reinforcing long-term demand and investment appeal.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
13,283 SF
Building Class
B
Year Built
2020
Price
$16,900,000
Price Per SF
$1,272.30
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.04
Lot Size
7.18 AC
Zoning
CMU - Commercial Mixed-Use (Retail Commercial)
Frontage
134’ on Northwest 41st Street
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 10
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Sanctuary Doral | 9420 NW 41st St
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