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Retail Restaurant Storefront Unit
For Sale
$1,250,000

8726 NW 26 ST # 18, Doral, FL 33172

Restaurant-occupied unit within Westend Shopping Center, offering functional layout, strong frontage, and convenient access with parking.

Property Size2,163 SF
Days on Market105

Property Features for 8726 NW 26 ST # 18

General Information

Standard status Active
Size 2,163 SF
Property subtype Restaurant/Entertainment

Taxes and HOA fees

Annual Taxes $12,266

Building Details

Building Size 2,163 SF
Year Built 2002
Listing Agency: International Business Group LLC
Listed By: Jonathan Remien · License #3420335
Source: Relinkre
Added: Jun 25 Changed: Sep 28 Last Checked: Oct 5 at 10:19PM

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 retail storefront unit is currently occupied by a restaurant and features a functional layout with excellent frontage. The property is situated within the established Westend Shopping Center, giving it the benefits of an existing retail environment and on-site commercial setting rather than a standalone configuration.

The unit is located along highly traveled NW 25th Street, with convenient access to major highways. Ample parking supports customer arrivals and makes the space practical for day-to-day operations, whether for a continued restaurant use or another compatible retail concept.

For an owner-operator, the property’s restaurant presence and frontage can support immediate continuity in the location’s intended use. For investors, the unit is offered as a complete opportunity within a shopping center setting, combining retail-oriented site characteristics with a strong commercial corridor address. Prospective buyers and tenants should verify all intended use details and lease terms during due diligence.

Key Highlights

  • 2,163 SF commercial unit in the Westend Shopping Center on NW 25th Street
  • Currently occupied by a restaurant with a functional layout
  • Commercial unit in a retail corridor with strong frontage on a highly traveled street

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.

Property Analytics

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Current Use

Shopping centers

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.

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Shopping center - Restaurant-occupied unit within Westend Shopping Center, offering functional layout, strong frontage, and convenient access with parking.
Where is this shopping center 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 commercial unit in the Westend Shopping Center on NW 25th Street; Currently occupied by a restaurant with a functional layout; Commercial unit in a retail corridor with strong frontage on a highly traveled street
More about this property
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