Retail and Office Storefront
For Sale
Contact for pricing
6001 NW 7th Ave, Miami, FL 33127
Three storefront and office spaces total 2,770 SF, plus a 1,007 SF outdoor courtyard.
Property Size2,770 SF
Price / SF$379.06
Days on Market270
Property Features for 6001 NW 7th Ave
General Information
Standard status
Active
Size
2,770 SF
Property subtype
RETAIL
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
Metro 1 Commercial
(305) 571-9991
Listed By:
Juan Andres Nava · License #3649427
(954) 864-6274
Source:
Moodyscre
Added: Dec 18, 2025
Changed: Sep 4
Last Checked: Sep 13 at 10:34AM
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 Metro 1 Commercial
Investment Insights
Based on property information with market context.
The property consists of three spaces totaling 2,770 SF of retail and office space, along with a 1,007 SF outdoor courtyard. The layout is designed to support both storefront-ready and office uses within the same building.
Located along the NW 7 Avenue corridor in Miami’s urban core, the property is described as being just blocks from the NW 62nd Street I-95 exit, providing convenient access for customers and employees. The surrounding area includes a mix of residential and commercial amenities.
Offered for sale as a multi-space building, it presents an option for owner-users and investors seeking a combined retail and office configuration with an outdoor courtyard feature.
Located along the NW 7 Avenue corridor in Miami’s urban core, the property is described as being just blocks from the NW 62nd Street I-95 exit, providing convenient access for customers and employees. The surrounding area includes a mix of residential and commercial amenities.
Offered for sale as a multi-space building, it presents an option for owner-users and investors seeking a combined retail and office configuration with an outdoor courtyard feature.
Key Highlights
- Three retail/office spaces totaling 2,770 SF along NW 7 Avenue in Model City (Liberty City)
- 1,007 SF outdoor courtyard included—rare feature in the Miami market
- Located just blocks from the NW 62nd Street I‑95 exit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$90,373
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.61%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,807,460
$1.8M
Cap Rate 7%
$1,291,043
$1.3M
Cap Rate 9%
$1,004,144
$1.0M
Market Conditions
NOI Build-Up for 2,770 SF
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.
Gross rent
$143.9K $51.96/SF
− Vacancy
−$14.8K −$5.35/SF
EGI
$129.1K $46.61/SF
− OpEx
−$38.7K −$13.98/SF
NOI
$90.4K $32.63/SF
Area
Miami, FL
Vacancy
10.30%
Lease Rate
$51.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,807,460
Cap Rate 7%
$1,291,043
Cap Rate 9%
$1,004,144
Alternative Uses
Best Use
Retail
$1.29M
$1.13M – $1.51M
NOI $90,373 @ 7.0% cap · market cap 8.61%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.87M
$1.64M – $2.18M
NOI $130,884 @ 7.0% cap · market cap 12.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,512
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33127, FL
27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Miami, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Three storefront and office spaces total 2,770 SF, plus a 1,007 SF outdoor courtyard.
Where is this storefront property located?
The property is located at 6001 NW 7th Ave Miami, FL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Three retail/office spaces totaling 2,770 SF along NW 7 Avenue in Model City (Liberty City); 1,007 SF outdoor courtyard included—rare feature in the Miami market; Located just blocks from the NW 62nd Street I‑95 exit
