Restaurant Unit in Shopping
New
For Sale
$1,250,000
8726 Nw 26 St 18, Doral, FL 33172
An operating restaurant occupies the space, with assigned, common, and free parking available.
Property Size2,163 SF
Price / SF$577.90
Days on Market5
Property Features for 8726 Nw 26 St 18
General Information
Standard status
Active
Size
2,163 SF
Zoning
6200 COMMERCIAL - AR
Additional Details
Highway Access
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$12,266
Amenities
2163
Assigned,Common,Free Parking
City Street
Building Details
Building Size
2,163 SF
Year Built
2002
Tenancy
Single
Listing Agency:
(786) 744-4615
Listed By:
Maria Nazur
Source:
Lacostahomesrealty
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 3:16PM
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 Maria Nazur
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Investment Insights
Based on property information with market context.
This 2,163-square-foot restaurant unit is part of Westend Shopping Center in Doral, Florida. The space is currently occupied by a restaurant and was built in 2002. Its zoning designation is 6200 COMMERCIAL - AR.
Parking options include assigned spaces, common parking, and free parking. The property is identified with City Street access.
Parking options include assigned spaces, common parking, and free parking. The property is identified with City Street access.
Key Highlights
- 2,163‑square‑foot restaurant unit
- Located within Westend Shopping Center in Doral, Florida
- Currently occupied by a restaurant
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
NOI $41,640 @ 7.0% cap · market cap 3.33%
Second Best
Retail
$522.5K
$457.2K – $609.6K
NOI $36,575 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$1.10M
$960.2K – $1.28M
NOI $76,817 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
928
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - An operating restaurant occupies the space, with assigned, common, and free parking available.
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‑square‑foot restaurant unit; Located within Westend Shopping Center in Doral, Florida; Currently occupied by a restaurant
