Turnkey Bicycle Retail &
For Sale
$920,000
14097 SW 88th Street, Miami, FL 33186
For sale business only: established bicycle retail and service operation with premium brands and a turnkey setup in Kendall.
Property Size1,968 SF
Price / SF$467.48
Days on Market65
Property Features for 14097 SW 88th Street
General Information
Standard status
Active
Size
1,968 SF
Property subtype
Business Opportunity
Additional Details
Business Included
Yes
Building Details
Year Built
2020
Listing Agency:
Realty Way, LLC.
(305) 807-2734
Listed By:
Ana Felisa Sandoval · License #R11165434
(305) 807-2734
Source:
Lehmannflorida
Added: Jun 22
Changed: Aug 24
Last Checked: Aug 24 at 6:33AM
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 Realty Way, LLC.
Investment Insights
Based on property information with market context.
Turnkey bicycle retail and service business for sale in Kendall, Miami-Dade. The operation includes the retail component for bicycles and accessories, along with professional service, supporting a customer base of cycling enthusiasts and recreational riders. The business carries premium, recognized bicycle brands including Trek, Colnago, BMC, LOOK, Giant, Scott, Orbea, and more.
The location is described as high-visibility with strong traffic counts and excellent accessibility, supporting an established community presence. South Florida’s year-round riding climate is referenced as a consistent demand driver for cycling products and services.
Please note: this offering is for business sale only; the real estate is not included. Confidentiality may be required for additional information, and any discussion of specialized buyer pathways is subject to independent verification and consultation with qualified legal counsel.
The location is described as high-visibility with strong traffic counts and excellent accessibility, supporting an established community presence. South Florida’s year-round riding climate is referenced as a consistent demand driver for cycling products and services.
Please note: this offering is for business sale only; the real estate is not included. Confidentiality may be required for additional information, and any discussion of specialized buyer pathways is subject to independent verification and consultation with qualified legal counsel.
Key Highlights
- Established bicycle retail and service business (business sale only; real estate not included).
- Year built: 2020.
- Premium bicycle and parts brands include Trek, Colnago, BMC, LOOK, Giant, Scott, and Orbea.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$47,378
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$947,560
$947.6K
Cap Rate 7%
$676,829
$676.8K
Cap Rate 9%
$526,422
$526.4K
Market Conditions
NOI Build-Up for 1,968 SF
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.
Gross rent
$80.8K $41.04/SF
− Vacancy
−$13.1K −$6.65/SF
EGI
$67.7K $34.39/SF
− OpEx
−$20.3K −$10.32/SF
NOI
$47.4K $24.07/SF
Area
ZIP 33186
Vacancy
16.20%
Lease Rate
$41.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$947,560
Cap Rate 7%
$676,829
Cap Rate 9%
$526,422
Alternative Uses
Best Use
Retail
$676.8K
$592.2K – $789.6K
NOI $47,378 @ 7.0% cap · market cap 5.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.07M
$940.3K – $1.25M
NOI $75,227 @ 7.0% cap · market cap 8.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,310
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33186, FL
69,866
Population
24,397
Households
2.9
Avg Household Size
42
Median Age
36%
College-Educated
91%
High-School Grad
12.4 sq mi
ZIP Area
5,634
Density / Sq Mi
$86,481
Median Household Income
$46,755
Median Earnings
$2,021
Median Rent
$422,300
Median Home Value
Market
Vacancy Rate% for Retail in Miami, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Storefront property - For sale business only: established bicycle retail and service operation with premium brands and a turnkey setup in Kendall.
Where is this storefront property located?
The property is located at 14097 SW 88th Street Miami, FL.
What is the asking price?
The asking price for this property is $920,000.
What are key features of this property?
This property features: Established bicycle retail and service business (business sale only; real estate not included).; Year built: 2020.; Premium bicycle and parts brands include Trek, Colnago, BMC, LOOK, Giant, Scott, and Orbea.
