Retail Strip Center with Street Frontage

4735 W Flagler St, Coral Gables, FL 33134

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For Sale

$5,300,000

100% occupied retail strip center with major street frontage and a mix of month-to-month and in-term leases.

HighLights

100% occupied retail strip center in the West Flagler submarket.
Major Flagler Street frontage with traffic counts of 38,000 vehicles daily.
Tenant lease mix includes 5 tenants on month‑to‑month leases and 2 leases expiring in 2026.
Potential to increase tenant income by converting gross leases to NNN leases and shifting water/trash operational costs to tenants.
Retail center offers redevelopment potential tied to Live Local Act incentives.

We can help!

Listing Contact

Madelin Estupinan

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For Sale

$5,300,000

100% occupied retail strip center with major street frontage and a mix of month-to-month and in-term leases.

Added:: Dec 23, 2025
Days on Market:: 168
Last Refresh:: Jun 6 at 4:28 am

Property Features for 4735 W Flagler St

General Information

Standard status: Active

We can help!

Listing Contact

Madelin Estupinan

Listing agent Madelin Estupinan License #SL0698693

Listing office First Service Realty ERA

Listing date Dec 23, 2025

Source Exprealty

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 First Service Realty ERA

HighLights

100% occupied retail strip center in the West Flagler submarket.
Major Flagler Street frontage with traffic counts of 38,000 vehicles daily.
Tenant lease mix includes 5 tenants on month‑to‑month leases and 2 leases expiring in 2026.
Potential to increase tenant income by converting gross leases to NNN leases and shifting water/trash operational costs to tenants.
Retail center offers redevelopment potential tied to Live Local Act incentives.

Overview

This retail strip center is offered for sale as a 100% occupied property. The center consists of multiple tenants, with lease terms including month-to-month arrangements for five tenants and two additional leases scheduled to expire in 2026. The current occupancy provides immediate collected rent and an owner-controlled leasing timeline for specific units as terms change.

Located at 4735 W Flagler St in Coral Gables, the property benefits from Flagler Street frontage and is described as having approximately 38,000 vehicles per day. It is positioned in the West Flagler submarket, just minutes from Little Havana.

From an ownership standpoint, the mix of month-to-month and near-term expirations may support active tenant management and re-leasing strategy over time. Current tenant leases are described as paying below-market rents, which can matter to investors comparing rent levels across a submarket and underwriting potential adjustments at rollover. The property’s stated redevelopment potential is also highlighted for buyers considering planned upgrades and incentive eligibility in the Live Local Act framework.

Location Intelligence

Current Use by Public Records

Strip malls

Suggested Use

Location Insight

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Local Demand

City: Coral Gables
County: Miami-Dade
State: Florida
Longitude: -80.273161
Latitude: 25.771461

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For sale
Strip malls
FL
Coral Gables
33134
4735 W Flagler St

What type of property is this?

Strip mall - 100% occupied retail strip center with major street frontage and a mix of month-to-month and in-term leases.

Where is this strip mall located?

The property is located at 4735 W Flagler St Coral Gables, FL.

What is the asking price?

The asking price for this property is $5,300,000.

What are key features of this property?

This property features: 100% occupied retail strip center in the West Flagler submarket.; Major Flagler Street frontage with traffic counts of 38,000 vehicles daily.; Tenant lease mix includes 5 tenants on month‑to‑month leases and 2 leases expiring in 2026.