Occupied Restaurant Retail
For Sale
$1,250,000
18-8726 Nw 26th St, Doral, FL 33127
Restaurant currently in place within Westend Shopping Center, located on a highly traveled corridor with excellent frontage and abundant parking.
Property Size2,163 SF
Price / SF$577.90
Days on Market61
Property Features for 18-8726 Nw 26th St
General Information
Standard status
Active
Size
2,163 SF
Additional Details
Business Included
Yes
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$12,266
Listing Agency:
International Business Group LLC
(786) 340-9620
Listed By:
Jonathan Remien · License #3420335
(786) 340-9620
Source:
Exprealty
Added: Jul 1
Changed: Aug 21
Last Checked: Aug 29 at 11:23AM
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 International Business Group LLC
Investment Insights
Based on property information with market context.
This for-sale restaurant retail space is currently occupied and offers a functional layout with excellent frontage. The unit is located within the established Westend Shopping Center and totals 2,163 SF.
The property sits on a highly traveled NW 25th Street corridor, providing convenient access to major highways and abundant parking for customers. It is surrounded by retail, office, and industrial businesses.
For buyers looking for an operational food-and-beverage space inside an established shopping center, this unit provides an existing restaurant setup and direct street-level exposure along a commercial retail route.
The property sits on a highly traveled NW 25th Street corridor, providing convenient access to major highways and abundant parking for customers. It is surrounded by retail, office, and industrial businesses.
For buyers looking for an operational food-and-beverage space inside an established shopping center, this unit provides an existing restaurant setup and direct street-level exposure along a commercial retail route.
Key Highlights
- 2,163 SF commercial unit in Westend Shopping Center
- Restaurant currently in place in the space
- Located on NW 25th Street, a highly traveled corridor, with excellent frontage
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
$41,640
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
3.33%
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%
$832,800
$832.8K
Cap Rate 7%
$594,857
$594.9K
Cap Rate 9%
$462,667
$462.7K
Market Conditions
NOI Build-Up for 2,163 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
$59.7K $27.60/SF
− Vacancy
−$4.2K −$1.93/SF
EGI
$55.5K $25.67/SF
− OpEx
−$13.9K −$6.42/SF
NOI
$41.6K $19.25/SF
Area
Miami-Dade County, FL
Vacancy
7.00%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
25.00%
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%
$832,800
Cap Rate 7%
$594,857
Cap Rate 9%
$462,667
Alternative Uses
Best Use
Specialty Retail
$594.9K
$520.5K – $694.0K
NOI $41,640 @ 7.0% cap · market cap 3.33%
Second Best
Retail
$522.5K
$457.2K – $609.6K
NOI $36,575 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$1.10M
$960.2K – $1.28M
NOI $76,817 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
7,248
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33127, FL
27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Food trucks — 192 NE 32nd St, Miami, FL 33137
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant currently in place within Westend Shopping Center, located on a highly traveled corridor with excellent frontage and abundant parking.
Where is this conventional restaurant located?
The property is located at 18-8726 Nw 26th St Doral, FL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 2,163 SF commercial unit in Westend Shopping Center; Restaurant currently in place in the space; Located on NW 25th Street, a highly traveled corridor, with excellent frontage
