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Retail Investment with 4.50% Cap
For Sale
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590 NE 167th Street, Miami, FL 33162

For sale retail property offering a quoted 4.50% cap and 6,119 SF of space.

Property Size6,119 SF
Days on Market125

Property Features for 590 NE 167th Street

General Information

Standard status Active
Size 6,119 SF
Property subtype Retail

Additional Details

Cap Rate 4.5%
Listing Agency: SRS Real Estate Partners Tampa
Listed By: Patrick Nutt · License #BK3120739
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 6:40PM

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 SRS Real Estate Partners Tampa

Investment Insights

Based on property information with market context.

This for-sale retail property is listed with a quoted 4.50% cap rate and a total building area of 6,119 SF. The asset is marketed as a retail space and is presented based on the stated income metric.

The property is located at 590 NE 167th Street in Miami, FL 33162. For additional details on the unit mix, configuration, or tenant arrangements, interested parties should request the available offering materials.

Key Highlights

  • Retail property with quoted 4.50% cap rate
  • 6,119 SF retail space

Property Analytics

Current Use

Wawa Gas Station PNC ATM Atm

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Gym & Fitness Center (Bike/Boat/Book/etc) Store Daycare Center Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,741
Businesses Nearby

Demographics for 33162, FL

45,277
Population
16,719
Households
2.7
Avg Household Size
39
Median Age
21%
College-Educated
81%
High-School Grad
5.3 sq mi
ZIP Area
8,543
Density / Sq Mi
$55,993
Median Household Income
$31,848
Median Earnings
$1,535
Median Rent
$345,000
Median Home Value

Market

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - For sale retail property offering a quoted 4.50% cap and 6,119 SF of space.
Where is this retail space located?
The property is located at 590 NE 167th Street Miami, FL.
What are key features of this property?
This property features: Retail property with quoted 4.50% cap rate; 6,119 SF retail space
More about this property
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