2640-2646 SW 28 Ln, Miami, FL
Retail property featuring high traffic and three-phase electrical capacity.
- Added:
- Nov 1, 2024
- Days on Market:
- 587
- Last Refresh:
- May 19 at 8:53 pm
Property Features for 2640-2646 SW 28 Ln
General Information
- Standard status
- Active
- Size
- 30,000 SF
- Lot size
- 0.79 Acres
- Property subtype
- RETAIL
Listing agent Adriano Salucci License #SL3470836
Listing office Apex Capital Realty (305) 570-2600
Listing date Nov 1, 2024
Source Moodyscre
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 Apex Capital Realty
HighLights
- High traffic location with 82,000 annual average daily traffic (aadt)
- Three (3) phase electrical capacity
- New roof (2020)
Overview
Local Financial Insights For Retail
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 | $1.56M | $51.96 |
| − Vacancy | −$160.6k | −$5.35 |
| EGI | $1.40M | $46.61 |
| − OpEx | −$419.5k | −$13.98 |
| NOI | $978.8k | $32.63 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.237
- Latitude
- 25.7388
