Retail For Sale
4735 W Flagler St, Miami, FL 33134

$5,300,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11730999
  • Virtual Tour: YES
  • List Price: $5,300,000
  • Taxes:$49,756
  • Year Built:1946
  • Listing Date:January 24, 2025
  • Days On Market:177

Description


Retail strip center in the growing West Flagler submarket, just minutes from Little Havana. This 100% occupied property offers a rare opportunity for investors to maximize returns. Current tenants pay below-market rents, with significant income growth potential by converting gross leases to NNN leases and shifting operational costs like water and trash to tenants. Highlights: Redevelopment Potential: Ideal for Live Local Act incentives. Income Growth: Below-market rents, with 5 tenants on month-to-month leases and 2 expiring in 2026. High Demand: Small retail spaces in the area are highly sought after. Prime Location: Flagler Street frontage with 38,000 vehicles daily. This property offers immediate cash flow and strong growth potential—an exceptional investment opportunity.

Features


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Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker