Second-Generation Restaurant
For Sale
Contact for pricing
17325 NW 27th Ave 100, Miami Gardens, FL 33056
Existing grease trap and hood support food-service reuse, subject to renovations, permits, and approvals.
Property Size21,387 SF
Days on Market37
Property Features for 17325 NW 27th Ave 100
General Information
Standard status
Active
Size
21,387 SF
Property subtype
Commercial
Site & Location
Neighborhood
Parkview
Highway Access
Yes
Restaurant
Commercial Hood
Yes
Grease Trap
Yes
Taxes and HOA fees
Annual Taxes
$53,548
Building Details
Building Size
21,387 SF
Year Built
1989
Stories
2
Listing Agency:
Castillo & Associates Real Estate, Inc
Listed By:
Maydelin Castillo Florez · License #3251567
(305) 778-5383
Source:
Elliman
Added: Sep 19
Changed: Oct 21
Last Checked: Oct 24 at 4:48PM
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 Castillo & Associates Real Estate, Inc
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Investment Insights
Based on property information with market context.
This conventional restaurant space is located within a shopping center and includes existing food-service infrastructure, including a grease trap and hood. The layout may accommodate fast-food, fast-casual, takeout, and other restaurant concepts, subject to applicable renovations, permits, and approvals. The center was built in 1989.
Positioned at 17325 NW 27th Ave, Suite 104, the property is near Hard Rock Stadium and the Broward County line. Access to the Palmetto Expressway, Florida’s Turnpike, and I-95 connects the site with Miami-Dade and Broward counties. WalkScore is 14, BikeScore is 33, and TransitScore is 37.
Positioned at 17325 NW 27th Ave, Suite 104, the property is near Hard Rock Stadium and the Broward County line. Access to the Palmetto Expressway, Florida’s Turnpike, and I-95 connects the site with Miami-Dade and Broward counties. WalkScore is 14, BikeScore is 33, and TransitScore is 37.
Key Highlights
- Existing grease trap and hood
- Restaurant space within a shopping center
- Potential fit for fast‑food, fast‑casual, takeout, and other food‑service concepts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$294,114
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,882,280
$5.9M
Cap Rate 7%
$4,201,629
$4.2M
Cap Rate 9%
$3,267,933
$3.3M
Market Conditions
NOI Build-Up for 21,387 SF
Gross rent
$410.6K $19.20/SF
− Vacancy
−$18.5K −$0.86/SF
EGI
$392.2K $18.34/SF
− OpEx
−$98.0K −$4.58/SF
NOI
$294.1K $13.75/SF
Area
Miami Gardens, FL
Vacancy
4.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,882,280
Cap Rate 7%
$4,201,629
Cap Rate 9%
$3,267,933
Alternative Uses
Best Use
Specialty Retail
$4.20M
$3.68M – $4.90M
NOI $294,114 @ 7.0% cap · market cap 19,286.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.37M
$5.57M – $7.43M
NOI $445,704 @ 7.0% cap · market cap 29,226.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Commercial hood
Yes
Grease trap
Location Intelligence
Trade Area within ½ mile
809
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33056, FL
36,556
Population
12,155
Households
3
Avg Household Size
37
Median Age
18%
College-Educated
84%
High-School Grad
6.1 sq mi
ZIP Area
5,993
Density / Sq Mi
$62,255
Median Household Income
$33,179
Median Earnings
$1,659
Median Rent
$332,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing grease trap and hood support food-service reuse, subject to renovations, permits, and approvals.
Where is this conventional restaurant located?
The property is located at 17325 NW 27th Ave 100 Miami Gardens, FL.
What are key features of this property?
This property features: Existing grease trap and hood; Restaurant space within a shopping center; Potential fit for fast‑food, fast‑casual, takeout, and other food‑service concepts
