Hialeah Retail Investment
For Sale
Contact for pricing
820 Se 8th St, Hialeah, FL
Retail property with multiple tenants and value-add potential.
Property Size4,346 SF
Lot Size0.26 Acres
Price / SF$364.70
Days on Market493
Property Features for 820 Se 8th St
General Information
Standard status
Active
Size
4,346 SF
Lot size
0.26 Acres
Property subtype
RETAIL
Listing Agency:
Fausto Commercial Realty
(786) 222-1373
Listed By:
Yuniel De Varona · License #3504505
Source:
Moodyscre
Added: Apr 24, 2025
Changed: Aug 8
Last Checked: Aug 8 at 5:21AM
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 Fausto Commercial Realty
Investment Insights
Based on property information with market context.
This 4,346-square-foot retail property is situated on an 11,316-square-foot lot. Currently rented by multiple tenants, it presents a value-add opportunity for investors. The property is located in Hialeah, Florida, and is zoned C-2, offering flexibility for various retail uses. Rent roll information is available upon request.
Key Highlights
- 4,346 Sq.Ft building on an 11,316 Sq.Ft lot.
- Value‑add opportunity for investors.
- Currently rented by multiple tenants.
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
$75,568
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
4.77%
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%
$1,511,360
$1.5M
Cap Rate 7%
$1,079,543
$1.1M
Cap Rate 9%
$839,644
$839.6K
Market Conditions
NOI Build-Up for 4,346 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
$117.3K $27.00/SF
− Vacancy
−$9.4K −$2.16/SF
EGI
$108.0K $24.84/SF
− OpEx
−$32.4K −$7.45/SF
NOI
$75.6K $17.39/SF
Area
Hialeah, FL
Vacancy
8.00%
Lease Rate
$27.00 /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%
$1,511,360
Cap Rate 7%
$1,079,543
Cap Rate 9%
$839,644
Alternative Uses
Best Use
Retail
$1.08M
$944.6K – $1.26M
NOI $75,568 @ 7.0% cap · market cap 4.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.71M
$1.50M – $2.00M
NOI $119,741 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,563
Businesses Nearby
194k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 37%
Shops & Services 35%
Dining 15%
Office Supplies 8%
The Home Depot
Home Improvements & Furnishings
72,623 visits/mo
0.4 miles
Chevron
Shops & Services
31,684 visits/mo
0.5 miles
Exxon
Shops & Services
22,253 visits/mo
0.5 miles
Pollo Tropical
Dining
18,815 visits/mo
0.5 miles
Office Depot
Office Supplies
15,383 visits/mo
0.4 miles
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail property with multiple tenants and value-add potential.
Where is this retail space located?
The property is located at 820 Se 8th St Hialeah, FL.
What is the asking price?
The asking price for this property is $1,585,000.
What are key features of this property?
This property features: 4,346 Sq.Ft building on an 11,316 Sq.Ft lot.; Value‑add opportunity for investors.; Currently rented by multiple tenants.
