12570 Ne 14th Ave, North Miami, FL
Retail property featuring diverse revenue streams and exclusive product lines.
- Added:
- Jan 31, 2025
- Days on Market:
- 514
- Last Refresh:
- May 20 at 8:27 pm
Property Features for 12570 Ne 14th Ave
General Information
- Standard status
- Active
- Size
- 4,520 SF
- Lot size
- 0.61 Acres
- Property subtype
- INDUSTRIAL
Listing office The Keyes Company Commercial - Corporate (305) 989-3583
Listing date Jan 31, 2025
Source Moodyscre
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 The Keyes Company Commercial - Corporate
HighLights
- Diverse Revenue Streams: Thriving wholesale, e‑commerce, grill maintenance, and rentals.
- Exclusive Products: Unique grills, wood‑fired ovens, and gas ovens from Argentina.
- Franchise‑ready in high‑demand states like TX & CA.
- Trademark ownership for market exclusivity.
- Licenses for alcohol, tobacco, and food retail.
- Direct Importer Advantage: No middlemen, full control over quality.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $119.3k | $26.40 |
| − Vacancy | −$10.1k | −$2.24 |
| EGI | $109.2k | $24.16 |
| − OpEx | −$32.8k | −$7.25 |
| NOI | $76.4k | $16.91 |
Alternative Uses
Current Use by Public Records
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- Self Storage Unit Near Miami — 1301 NE 119th St, Miami, FL 33161
Location Insight
- Map
- Local Demand
- City
- North Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.1867
- Latitude
- 25.8901
