Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Spaces in Shopping Center Title is generated by Realmo AI

    11700 SW 104th St, Miami, FL 33186

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Prime retail spaces with high visibility and modern infrastructure.

    Type:SCR
    Property size:
    2,150 SF
    Added:
    Oct 23, 2025
    Days on Market:
    227
    Last Refresh:
    Apr 3 at 4:58 am

    Property Features for 11700 SW 104th St

    General Information

    Standard status
    Active
    Size
    2,150 SF
    Property subtype
    SCR

    Building Details

    Year Built
    2010

    Spaces For Lease

    at 11700 SW 104th St Contact us

    We can help!

    Listing Contact
    Jorge Fernandez-Pla
    Jorge Fernandez-Pla

    Listing agent Jorge Fernandez-Pla License #3220032

    Listing office ICM Group at KW Commercial

    Listing date Oct 23, 2025

    Source Realnex

    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 ICM Group at KW Commercial

    HighLights

    • Excellent visibility and accessibility in a well‑maintained shopping center.
    • Ample open parking with 200 spaces.
    • Two spaces available: 2,150 SF Outparcel Unit and 1,250 SF In‑Line Unit.
    • Modern infrastructure including HVAC and fire safety systems.
    • Strong co‑tenancy and high‑traffic location.
    • Flexible 3–5 year lease terms.

    Overview

    Two retail spaces are available for lease within a shopping center. The center offers visibility, accessibility, and open parking with 200 spaces, a ratio of 5.68 spaces per 1,000 square feet. One unit is a 2,150-square-foot outparcel, suitable for various commercial uses, and features HVAC, fire safety systems, and one restroom. It is offered at $40 per square foot NNN with lease terms of 3 to 5 years. The other unit is a 1,250-square-foot in-line space, vacant and move-in ready, suitable for retail or light food use. It includes HVAC, a sprinkler system, a fire alarm, and a grease trap, and is offered at $45 per square foot NNN with lease terms of 3 to 5 years. Suite 11782, comprising 1,250 square feet, is adjacent to suite 11780 and can be combined for a larger footprint, becoming available in March. Both spaces provide exposure and strong co-tenancy, suitable for retailers or service-oriented tenants seeking locations with high traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Walgreens Pharmacy Pharmacy Walgreens Pharmacy FedEx OnSite Postal Service TD Bank ATM Atm Walgreens Photo (Bike/Boat/Book/etc) Store

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.385248
    Latitude
    25.670906

    Nearby Similar for Lease

    • $2,600/Mo
      1,088 SF

      Kendall Office Space For Lease

      Professional office space in Kendall, ready for immediate occupancy.
      13406 SW 128th St, Miami, FL 33186
      View Details
    • $2,284/Mo
      281 SF

      Updated Office Suites in Brickell

      Private office suites with flexible lease terms and city views.
      420 SW 7th St, Miami, FL 33130
      View Details
    • $1,233/Mo
      281 SF

      Updated Office Suites in Brickell

      Private office suites with flexible lease terms and city views.
      420 SW 7th St, Miami, FL 33130
      View Details
    • $3,734/Mo
      281 SF

      Megacenter Brickell Office Suites

      Private office suites with flexible lease terms in Brickell.
      420 SW 7th St, Miami, FL 33130
      View Details
    • $706/Mo
      281 SF

      Updated Office Suites in Brickell

      Private office suites with flexible lease terms and city views.
      420 SW 7th St, Miami, FL 33130
      View Details
    • $5,600/Mo
      433 SF

      Updated Office Suites in Brickell

      Flexible office suites with city views and modern amenities.
      420 SW 7th St, Miami, FL 33130
      View Details
    • $56 SF/Yr
      3,188 SF

      Furnished Brickell Office Sublease

      Move-in ready office space in Brickell financial district.
      1101 Brickell Ave, Miami, FL 33131
      View Details
    • $2,500/Mo
      1,350 SF

      Doral Warehouse-Office Unit For Rent

      Industrial warehouse-office unit in Doral with excellent location.
      7311 NW 12th St, Miami, FL 33126
      View Details
    • $2,848/Mo
      1,068 SF

      Professional Office Suite in Miami

      Functional office suite in Fontainebleau area, Miami. Ideal for professionals.
      8370 W Flagler St, Miami, FL 33144
      View Details
    • $3,750/Mo
      2,000 SF

      Two-Story Warehouse with Office Suite

      Two-story warehouse layout with upgraded office areas, dedicated downstairs AC, and new LED lighting throughout.
      20125 NE 16th Place, Miami, FL 33179
      View Details
    • $3,300/Mo
      1,650 SF

      Functional Office-Warehouse in Prime Location

      1,650 SF office-warehouse in Doral, near Miami Airport.
      2355 NW 70th Ave 11, Miami, FL 33122
      View Details
    • $4,990/Mo
      609 SF

      Waterfront Office Suite in Brickell

      Furnished office space with water views in Miami's financial district.
      175 SW 7th St, Miami, FL 33130
      View Details

    FAQs

    What type of property is this?
    Retail space - Prime retail spaces with high visibility and modern infrastructure.
    Where is this retail space located?
    The property is located at 11700 SW 104th St Miami, FL.
    What are key features of this property?
    This property features: Excellent visibility and accessibility in a well‑maintained shopping center.; Ample open parking with 200 spaces.; Two spaces available: 2,150 SF Outparcel Unit and 1,250 SF In‑Line Unit.
    (305) 607-9592
    We can help!
    Listing Contact
    Jorge Fernandez-Pla
    Jorge Fernandez-Pla
    Real Estate License ID: 3220032
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    11700 SW 104th St, Miami, FL 33186
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!