Retail Restaurant Storefront
For Sale
Contact for pricing
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
Price / SF$577.90
Days on Market59
Property Features for 8726 NW 26 ST # 18
General Information
Standard status
Active
Size
2,163 SF
Property subtype
Retail
Zoning
6200 COMMERCIAL - AR
Building Details
Year Built
2002
Listing Agency:
International Business Group LLC
(786) 342-4284
Listed By:
JONATHAN REMIEN · License #3420335
Source:
Crexi
Added: Jun 25
Changed: Aug 11
Last Checked: Aug 22 at 3:43AM
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.
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 = 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
$41,640
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
3.33%
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%
$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
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
$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 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%
$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.
Property Analytics
Property Profile
Current Use
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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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
