Retail Suite with Private
10550 NW 77th Court, Hialeah Gardens, FL 33016
For Sale
Contact for pricing
An adaptable retail unit offers an open interior and customer parking at the shopping center.
Property Size68,334 SF
Price / SF$0.04
Days on Market13
Property Features for 10550 NW 77th Court
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Property Use
Building Details
Year Built
Listing Agency:
Florida Realty of Miami Corp
(305) 598-5488
Listed By:
Jazsenia Salvador · License #3163902
(305) 469-4369
Source:
Miznerpartners
Added: Oct 28
Changed: Nov 8
Last Checked: Nov 8 at 2:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Florida Realty of Miami Corp
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Investment Insights
Based on property information with market context.
This 690-square-foot retail unit has an open layout and a private bathroom within Hialeah Gardens Shopping Center. The center was built in 1986 and is described as well maintained. CAM is included in the rent.
The shopping center is adjacent to State Road 826 near the 103rd Street exit, with parking available for customers and staff.
The shopping center is adjacent to State Road 826 near the 103rd Street exit, with parking available for customers and staff.
Key Highlights
- 690‑square‑foot retail unit with an open layout
- Private bathroom
- Shopping center adjacent to State Road 826 near the 103rd Street exit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$829,926
Suggested Prices Based on Cap Rates
Cap Rate 5%
$16,598,520
$16.6M
Cap Rate 7%
$11,856,086
$11.9M
Cap Rate 9%
$9,221,400
$9.2M
Market Conditions
NOI Build-Up for 68,334 SF
Gross rent
$1.25M $18.36/SF
− Vacancy
−$69.0K −$1.01/SF
EGI
$1.19M $17.35/SF
− OpEx
−$355.7K −$5.21/SF
NOI
$829.9K $12.15/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$16,598,520
Cap Rate 7%
$11,856,086
Cap Rate 9%
$9,221,400
Alternative Uses
Best Use
Office B
$27.24M
$23.84M – $31.78M
NOI $1,906,888 @ 7.0% cap · market cap 79,453.67%
Second Best
Retail
$11.86M
$10.37M – $13.83M
NOI $829,926 @ 7.0% cap · market cap 34,580.25%
Theoretical Best
Office A
$37.32M
$32.65M – $43.53M
NOI $2,612,086 @ 7.0% cap · market cap 108,836.92%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
768
Businesses Nearby
Explore this area
Business Placement
Demographics for 33016, FL
45,714
Population
16,158
Households
2.8
Avg Household Size
43
Median Age
28%
College-Educated
83%
High-School Grad
4.2 sq mi
ZIP Area
10,884
Density / Sq Mi
$56,633
Median Household Income
$33,069
Median Earnings
$1,753
Median Rent
$295,800
Median Home Value
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Market
Average Price Trend$/SF for Retail space in Miami-Dade County, FL
Properties on Market for Retail space in Miami-Dade County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Retail space - An adaptable retail unit offers an open interior and customer parking at the shopping center.
Where is this retail space located?
The property is located at 10550 NW 77th Court Hialeah Gardens, FL.
What are key features of this property?
This property features: 690‑square‑foot retail unit with an open layout; Private bathroom; Shopping center adjacent to State Road 826 near the 103rd Street exit
