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Flex Retail Showroom with Warehouse
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15420 SW 136th Street #6, Miami, FL 33196

Flex space includes an air-conditioned office/showroom area with storefront windows and a rear-loading warehouse section.

Property Size1,840 SF
Price / SF$1.85
Days on Market119

Property Features for 15420 SW 136th Street #6

General Information

Standard status Active
Size 1,840 SF
Property subtype Retail

Additional Details

Highway Access Yes

Building Details

Year Built 2007
Listing Agency: Compass Florida, LLC
Listed By: Joshua Garcia · License #3218183
Source: Lehmannflorida
Added: Jul 6 Changed: Oct 31 Last Checked: Nov 1 at 4:59AM

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 Compass Florida, LLC

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Investment Insights

Based on property information with market context.

This flex suite combines a front office/showroom component with warehouse space in the rear. The front portion features air-conditioned office/showroom space with a bathroom and large storefront windows. The back portion is designed as warehouse space and includes a rear loading dock for deliveries.

The property is located right off SW 136th Street within Gateway Corporate Plaza, next to Tamiami Airport. The listing notes easy access to major roadways including the Florida Turnpike and Krome Avenue.

The space is described as having multiple potential uses per the available zoning list, and the unit is vacant and easy to show. This offering is presented as gross rent, and the landlord prefers a long-term tenant of 3+ years.

Key Highlights

  • Built in 2007 retail/showroom and warehouse flex space in Gateway Corporate Plaza
  • Front air‑conditioned office/showroom area with bathroom and large storefront windows (~300 SF)
  • Rear warehouse flex space with rear‑loading dock (~1,500 SF)

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,720
Suggested Prices Based on Cap Rates
Cap Rate 5%
$494,400 $494.4K
Cap Rate 7%
$353,143 $353.1K
Cap Rate 9%
$274,667 $274.7K
Market Conditions
NOI Build-Up for 1,840 SF
Gross rent
$37.1K $20.16/SF
− Vacancy
−$1.8K −$0.97/SF
EGI
$35.3K $19.19/SF
− OpEx
−$10.6K −$5.76/SF
NOI
$24.7K $13.43/SF
Area
Miami, FL
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$494,400
Cap Rate 7%
$353,143
Cap Rate 9%
$274,667

Alternative Uses

Best Use
Office B
$754.1K
$659.8K – $879.8K (±1% cap)
NOI $52,785 @ 7.0% cap · market cap 1,552.50%
Second Best
Warehouse
$428.8K
$375.2K – $500.3K (±1% cap)
NOI $30,017 @ 7.0% cap · market cap 882.85%
Theoretical Best
Specialty Retail
$1.24M
$1.09M – $1.45M (±1% cap)
NOI $86,941 @ 7.0% cap · market cap 2,557.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Alpha Pro Center Gym & Fitness Center Cunano Builders Corporation Construction Company Wheels & More Photography Service Che Carne Distributors ... Take-out & Catering Auto Crew Transmission ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Law Firm Spa & Massage Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

438
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33196, FL

52,786
Population
17,713
Households
3
Avg Household Size
39
Median Age
38%
College-Educated
90%
High-School Grad
52.2 sq mi
ZIP Area
1,011
Density / Sq Mi
$93,370
Median Household Income
$46,729
Median Earnings
$2,114
Median Rent
$457,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Miami, FL

12.4% 2019
16.3% 2020
17% 2021
16.1% 2022
15% 2023
16.1% 2024
15.2% 2025

Similar Off Market Nearby

  • Fryd — 15450 sw 136th st, miami, fl 33196
  • BLUE NAPKIN LLC — 15160 SW 136th St, Miami, FL 33196

Frequently Asked Questions

What type of property is this?
Flex space - Flex space includes an air-conditioned office/showroom area with storefront windows and a rear-loading warehouse section.
Where is this flex space located?
The property is located at 15420 SW 136th Street #6 Miami, FL.
What are key features of this property?
This property features: Built in 2007 retail/showroom and warehouse flex space in Gateway Corporate Plaza; Front air‑conditioned office/showroom area with bathroom and large storefront windows (~300 SF); Rear warehouse flex space with rear‑loading dock (~1,500 SF)
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Includes: Price & PSF · Cap rate · Location · Zoning

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