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Retail Restaurant Unit in Center
For Sale
$1,250,000

8726 NW 26 ST 18, Doral, FL 33172

Restaurant-occupied retail unit in the Westend Shopping Center along NW 25th Street with on-site parking and major-highway access.

Property Size2,163 SF
Price / SF$577.90
Days on Market79

Property Features for 8726 NW 26 ST 18

General Information

Standard status Active
Size 2,163 SF
Property subtype Commercial

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $12,266

Building Details

Building Size 2,163 SF
Year Built 2002
Tenancy Single
Listing Agency: INTERNATIONAL BUSINESS GROUP LLC
Listed By: Jonathan Remien · License #A12080866
Source: Elliman
Added: Jul 28 Changed: Oct 10 Last Checked: Oct 12 at 8:38PM

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 INTERNATIONAL BUSINESS GROUP LLC

Investment Insights

Based on property information with market context.

This for-sale commercial retail unit is currently occupied by a restaurant and includes a functional layout with strong street-level presence. The space is approximately 2,163 square feet and is part of the Westend Shopping Center.

The property is located on NW 25th Street within the established retail corridor, positioned for visibility and convenient access to major highways. The center setting also provides abundant on-site parking.

As a turnkey option with an in-place restaurant use, the unit is designed to support day-to-day operations in a developed shopping center environment.

Key Highlights

  • 2,163 SF restaurant‑occupied retail unit in the Westend Shopping Center
  • Located on NW 25th Street in a high‑traffic retail corridor
  • Unit has functional layout and restaurant use

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,640
Cap Rate
3.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$832,800 $832.8K
Cap Rate 7%
$594,857 $594.9K
Cap Rate 9%
$462,667 $462.7K
Market Conditions
NOI Build-Up for 2,163 SF
Gross rent
$59.7K $27.60/SF
− Vacancy
−$4.2K −$1.93/SF
EGI
$55.5K $25.67/SF
− OpEx
−$13.9K −$6.42/SF
NOI
$41.6K $19.25/SF
Area
Miami-Dade County, FL
Vacancy
7.00%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$832,800
Cap Rate 7%
$594,857
Cap Rate 9%
$462,667

Alternative Uses

Best Use
Specialty Retail
$594.9K
$520.5K – $694.0K (±1% cap)
NOI $41,640 @ 7.0% cap · market cap 3.33%
Second Best
Retail
$522.5K
$457.2K – $609.6K (±1% cap)
NOI $36,575 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$1.10M
$960.2K – $1.28M (±1% cap)
NOI $76,817 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Locksmith Parking Lot & Garage Tanning Salon (Bike/Boat/Book/etc) Store Restaurant Barber Shop

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

Lease Details

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

928
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33172, FL

43,911
Population
16,103
Households
2.7
Avg Household Size
42
Median Age
32%
College-Educated
75%
High-School Grad
6.4 sq mi
ZIP Area
6,861
Density / Sq Mi
$61,733
Median Household Income
$35,061
Median Earnings
$1,926
Median Rent
$260,200
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 South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant-occupied retail unit in the Westend Shopping Center along NW 25th Street with on-site parking and major-highway access.
Where is this conventional restaurant located?
The property is located at 8726 NW 26 ST 18 Doral, FL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 2,163 SF restaurant‑occupied retail unit in the Westend Shopping Center; Located on NW 25th Street in a high‑traffic retail corridor; Unit has functional layout and restaurant use
More about this property
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