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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

Price $16,899,999
Price / SF $636.15 / SF
Sale Type Investment NNN
Status Active
Number of Properties 2
Individually For Sale 2
Total Building Size 26,566 SF
Total Land Area 15.18 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
9430 NW 41st St, Doral, FL 33178 Retail 13,283 SF 2020 $9,700,000
9420 NW 41st St, Doral, FL 33178 Retail 13,283 SF 2020 $9,700,000
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  • Listing ID: 41028735

  • Date on Market: 6/23/2026

  • Last Updated:

  • Address: Sanctuary at Doral, Doral, FL

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Sanctuary at Doral

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