7805 Coral Way Miami, FL 33155

Property Details for 7805 Coral Way

Property size

474 SF

Property type

Commercial real estate

Description

Prime Miami location at 7805 Coral Way, Suite 103, offers a thriving nail, eyelash, and eyebrow spa business for sale at $50,000. This established business boasts a loyal customer base exceeding 1500 contacts and a substantial social media following of over 34,000. The 474 square foot space is currently operating under a gross lease with a remaining term of approximately 1.6 years (expiring June 30, 2026). The monthly rent of $1,115 includes utilities and garbage disposal. The business is fully equipped with essential inventory, including a microwave, refrigerator, coffeemaker, and massage table. Projected 2024 net operating income (NOI) is $3,000, representing a 6% cap rate. This owner-user investment opportunity presents a turnkey solution for acquiring a profitable and established business in a high-traffic commercial area of Miami, Florida (33155). The business is categorized as a single-unit operation with no credit rating required for the tenant. The business has been renovated within the last two years. This is an exceptional opportunity for an entrepreneur seeking a well-established business with a strong foundation for continued growth and profitability in a vibrant Miami location.