Retail Suite Near
2661 NW 79th Ave, Doral, FL 33122
For Sale
Contact for pricing
The space is beside Jackson Memorial West Hospital and offers access to major regional routes.
Property Size32,550 SF
Price / SF$0.00
Days on Market186
Property Features for 2661 NW 79th Ave
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Building Details
Building Size
Year Built
Listing Agency:
Parvani Commercial Group
Listed By:
Ratna Parvani · License #0606362
(305) 342-9576
Source:
Signaturemiamirealestate
Added: May 7
Changed: Nov 7
Last Checked: Nov 7 at 3:45PM
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 Parvani Commercial Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A 1,180-square-foot retail space is available in a building constructed in 1997. The suite is located at 2661 NW 79th Ave in Doral, next to Jackson Memorial West Hospital.
The property provides access to the Palmetto Expressway, Dolphin Expressway, and Miami International Airport. The space is available immediately.
The property provides access to the Palmetto Expressway, Dolphin Expressway, and Miami International Airport. The space is available immediately.
Key Highlights
- 1,180 SF of retail space available immediately
- Adjacent to Jackson Memorial West Hospital
- Access to the Palmetto Expressway, Dolphin Expressway, and Miami International Airport
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$550,394
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,007,880
$11.0M
Cap Rate 7%
$7,862,771
$7.9M
Cap Rate 9%
$6,115,489
$6.1M
Market Conditions
NOI Build-Up for 32,550 SF
Gross rent
$859.3K $26.40/SF
− Vacancy
−$73.0K −$2.24/SF
EGI
$786.3K $24.16/SF
− OpEx
−$235.9K −$7.25/SF
NOI
$550.4K $16.91/SF
Area
Miami-Dade County, FL
Vacancy
8.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,007,880
Cap Rate 7%
$7,862,771
Cap Rate 9%
$6,115,489
Alternative Uses
Best Use
Retail
$7.86M
$6.88M – $9.17M
NOI $550,394 @ 7.0% cap · market cap 1,375,985.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$16.51M
$14.45M – $19.27M
NOI $1,155,979 @ 7.0% cap · market cap 2,889,947.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,221
Businesses Nearby
Explore this area
Business Placement
Demographics for 33122, FL
2,126
Population
901
Households
2.4
Avg Household Size
35
Median Age
62%
College-Educated
85%
High-School Grad
2.4 sq mi
ZIP Area
886
Density / Sq Mi
$83,152
Median Household Income
$50,984
Median Earnings
$2,437
Median Rent
$1,284,700
Median Home Value
Market
Average Price Trend$/SF for Retail space in Doral, FL
Properties on Market for Retail space in Doral
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The space is beside Jackson Memorial West Hospital and offers access to major regional routes.
Where is this retail space located?
The property is located at 2661 NW 79th Ave Doral, FL.
What are key features of this property?
This property features: 1,180 SF of retail space available immediately; Adjacent to Jackson Memorial West Hospital; Access to the Palmetto Expressway, Dolphin Expressway, and Miami International Airport
