Retail Endcap with Storefront
21343 NW 2nd Avenue, Miami Gardens, FL 33169
For Sale
Contact for pricing
An open interior and established co-tenancy support a range of retail and service configurations.
Property Size133,000 SF
Price / SF$0.00
Days on Market12
Property Features for 21343 NW 2nd Avenue
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Building Size
Listing Agency:
Current Capital Realty
(954) 966-8181
Listed By:
Steven Rafailovite · License #3146112
(954) 607-8884
Source:
Lehmannflorida
Added: Oct 27
Changed: Nov 6
Last Checked: Nov 6 at 2:00PM
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 Current Capital Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This approximately 1,400-square-foot retail suite occupies an endcap position at County Line Plaza. Wraparound storefront glazing brings natural light into the space, while the largely open interior can accommodate different layouts, including medical, educational, fitness, wellness, or retail concepts.
The center is anchored by Ross Dress for Less and dd’s Discounts, with Family Dollar, Wingstop, Subway, and Cricket Wireless also among its tenants. The property is located at 21343 NW 2nd Avenue in Miami Gardens. The building was constructed in 1986.
The center is anchored by Ross Dress for Less and dd’s Discounts, with Family Dollar, Wingstop, Subway, and Cricket Wireless also among its tenants. The property is located at 21343 NW 2nd Avenue in Miami Gardens. The building was constructed in 1986.
Key Highlights
- Approximately 1,400 SF of retail space
- Endcap position with wraparound storefront glass
- Open interior that can be configured for medical, educational, fitness, wellness, or retail uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,016,093
Suggested Prices Based on Cap Rates
Cap Rate 5%
$40,321,860
$40.3M
Cap Rate 7%
$28,801,329
$28.8M
Cap Rate 9%
$22,401,033
$22.4M
Market Conditions
NOI Build-Up for 166,000 SF
Gross rent
$3.05M $18.36/SF
− Vacancy
−$167.6K −$1.01/SF
EGI
$2.88M $17.35/SF
− OpEx
−$864.0K −$5.21/SF
NOI
$2.02M $12.15/SF
Area
Miami Gardens, FL
Vacancy
5.50%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$40,321,860
Cap Rate 7%
$28,801,329
Cap Rate 9%
$22,401,033
Alternative Uses
Best Use
Retail
$28.80M
$25.20M – $33.60M
NOI $2,016,093 @ 7.0% cap · market cap 8,400,387.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$49.42M
$43.24M – $57.66M
NOI $3,459,435 @ 7.0% cap · market cap 14,414,312.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,175
Businesses Nearby
Explore this area
Business Placement
Demographics for 33169, FL
42,308
Population
14,815
Households
2.9
Avg Household Size
37
Median Age
22%
College-Educated
85%
High-School Grad
6.8 sq mi
ZIP Area
6,222
Density / Sq Mi
$59,686
Median Household Income
$34,327
Median Earnings
$1,536
Median Rent
$352,800
Median Home Value
Market
Average Price Trend$/SF for Retail space in Miami-Dade County, FL
Properties on Market for Retail space in Miami-Dade County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - An open interior and established co-tenancy support a range of retail and service configurations.
Where is this retail space located?
The property is located at 21343 NW 2nd Avenue Miami Gardens, FL.
What are key features of this property?
This property features: Approximately 1,400 SF of retail space; Endcap position with wraparound storefront glass; Open interior that can be configured for medical, educational, fitness, wellness, or retail uses
