Drive-Through Restaurant with Kitchen
11900 Hialeah Gardens Boulevard, Hialeah Gardens, FL 33018
For Sale
New
Contact for pricing
The vacant space retains food-service infrastructure, including kitchen exhaust and a security system.
Property Size4,000 SF
Price / SF$4.79
Days on Market6
Property Features for 11900 Hialeah Gardens Boulevard
General Information
Standard status
Size
Property subtype
Additional Details
Commercial Hood
Listing Agency:
Real Estate Sales Force
(305) 392-1497
Listed By:
Antonio Cristobal · License FL #3253230
(786) 457-3211
Source:
Lehmannflorida
Added: Nov 8
Changed: Nov 12
Last Checked: Nov 12 at 2:16PM
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 Real Estate Sales Force
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,000-square-foot restaurant property was previously operated as a drive-through and includes a food-service buildout, kitchen exhaust, and a security system. The space is vacant and located at 11900 Hialeah Gardens Boulevard in Hialeah Gardens, Florida. Its existing features can be renovated for a new operator.
Key Highlights
- 4,000‑square‑foot former drive‑through restaurant property
- Existing food‑service buildout and kitchen exhaust
- Security system in place
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,612
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,272,240
$1.3M
Cap Rate 7%
$908,743
$908.7K
Cap Rate 9%
$706,800
$706.8K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$91.2K $22.80/SF
− Vacancy
−$6.4K −$1.60/SF
EGI
$84.8K $21.20/SF
− OpEx
−$21.2K −$5.30/SF
NOI
$63.6K $15.90/SF
Area
Miami-Dade County, FL
Vacancy
7.00%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,272,240
Cap Rate 7%
$908,743
Cap Rate 9%
$706,800
Alternative Uses
Best Use
Specialty Retail
$908.7K
$795.2K – $1.06M
NOI $63,612 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.18M
$1.91M – $2.55M
NOI $152,901 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
1,219
Businesses Nearby
333k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 44%
Shops & Services 21%
Groceries 19%
Apparel 13%
Publix
Groceries
40,271 visits/mo
0.5 miles
McDonald's
Dining
37,917 visits/mo
0.5 miles
Ross Dress for Less
Apparel
31,571 visits/mo
0.4 miles
Aldi
Groceries
21,796 visits/mo
0.4 miles
Shell
Shops & Services
21,189 visits/mo
0.3 miles
Demographics for 33018, FL
54,273
Population
17,871
Households
3
Avg Household Size
41
Median Age
29%
College-Educated
85%
High-School Grad
28.1 sq mi
ZIP Area
1,931
Density / Sq Mi
$90,805
Median Household Income
$42,911
Median Earnings
$2,066
Median Rent
$436,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Drive through restaurant - The vacant space retains food-service infrastructure, including kitchen exhaust and a security system.
Where is this drive through restaurant located?
The property is located at 11900 Hialeah Gardens Boulevard Hialeah Gardens, FL.
What are key features of this property?
This property features: 4,000‑square‑foot former drive‑through restaurant property; Existing food‑service buildout and kitchen exhaust; Security system in place
