16355 NW 27th Ave Miami Gardens, FL 33054
Versatile property with industrial functionality and strong retail component.
Property Features for 16355 NW 27th Ave
General Information
- Standard status
- Active
- Size
- 8,000 SF
- Lot size
- 0.56 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1961
Listing office Trustpoint realty llc (305) 747-0260
Listing date Apr 1, 2026
Source Elliman
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Investment Insights
Based on property information with market context.
Key Highlights
- High‑exposure location on NW 27th Ave with 75,000–100,000+ vehicles passing daily.
- Anchored by Cricket Wireless, providing immediate in‑place income and tenant stability.
- Versatile 8,000 SF flex industrial/retail building on over 0.56 acres with grade‑level doors and 20’ ceilings.
Local Financial Insights For Flex RnD
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 | $172.8k | $21.60 |
| − Vacancy | −$10.4k | −$1.30 |
| EGI | $162.4k | $20.30 |
| − OpEx | −$56.9k | −$7.11 |
| NOI | $105.6k | $13.20 |
