Inline Retail Suite with Private
New
For Sale
Contact for pricing
12715 Miramar Parkway #12715, Miramar, FL 33027
The finished layout includes two enclosed rooms suitable for office, exam, or treatment functions.
Property Size14,376 SF
Price / SF$0.00
Days on Market5
Property Features for 12715 Miramar Parkway #12715
General Information
Standard status
Active
Size
14,376 SF
Property subtype
Retail
Building Details
Year Built
2007
Tenancy
Multi
Listing Agency:
Cardenas Larocca Real Estate LLC
Listed By:
Cristian P Cardenas · License #3608041
(305) 510-1679
Source:
Lehmannflorida
Added: Oct 26
Changed: Oct 29
Last Checked: Oct 28 at 4:20AM
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 Cardenas Larocca Real Estate LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This vacant inline retail suite at Shoppes at Monarch has a finished interior with two private rooms that can serve as offices, exam rooms, or treatment rooms. Restaurant use is permitted if the operator installs a grease trap and does not compete with existing tenant categories. The building dates to 2007.
The center is at 12715 Miramar Parkway in Miramar, beside Monarch Town Center, which is anchored by Publix. Miramar Parkway carries approximately 43,000 vehicles per day. Shoppes at Monarch’s tenant lineup includes F45 Training, Little Caesars, Fonda Sabaneta, Nami Sushi, Centrum Health, Nail Lounge, and Smoke Pharm. The center also offers generous parking.
The center is at 12715 Miramar Parkway in Miramar, beside Monarch Town Center, which is anchored by Publix. Miramar Parkway carries approximately 43,000 vehicles per day. Shoppes at Monarch’s tenant lineup includes F45 Training, Little Caesars, Fonda Sabaneta, Nami Sushi, Centrum Health, Nail Lounge, and Smoke Pharm. The center also offers generous parking.
Key Highlights
- Vacant inline retail suite with a finished interior
- Two private rooms suited to office, exam, or treatment use
- Restaurant use allowed with a grease trap and compliance with existing tenant categories
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$437,092
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,741,840
$8.7M
Cap Rate 7%
$6,244,171
$6.2M
Cap Rate 9%
$4,856,578
$4.9M
Market Conditions
NOI Build-Up for 14,376 SF
Gross rent
$641.7K $44.64/SF
− Vacancy
−$17.3K −$1.21/SF
EGI
$624.4K $43.43/SF
− OpEx
−$187.3K −$13.03/SF
NOI
$437.1K $30.40/SF
Area
Miramar, FL
Vacancy
2.70%
Lease Rate
$44.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,741,840
Cap Rate 7%
$6,244,171
Cap Rate 9%
$4,856,578
Alternative Uses
Best Use
Retail
$6.24M
$5.46M – $7.28M
NOI $437,092 @ 7.0% cap · market cap 1,040,695.24%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.69M
$5.85M – $7.81M
NOI $468,313 @ 7.0% cap · market cap 1,115,030.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
732
Businesses Nearby
Explore this area
Business Placement
Demographics for 33027, FL
63,726
Population
26,247
Households
2.4
Avg Household Size
45
Median Age
42%
College-Educated
93%
High-School Grad
13.4 sq mi
ZIP Area
4,756
Density / Sq Mi
$73,450
Median Household Income
$50,689
Median Earnings
$1,788
Median Rent
$403,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The finished layout includes two enclosed rooms suitable for office, exam, or treatment functions.
Where is this retail space located?
The property is located at 12715 Miramar Parkway #12715 Miramar, FL.
What are key features of this property?
This property features: Vacant inline retail suite with a finished interior; Two private rooms suited to office, exam, or treatment use; Restaurant use allowed with a grease trap and compliance with existing tenant categories
