Established Bike Retail
14097 SW 88th St Miami, FL 33186
14097 SW 88th St, Miami, FL, 33186
Contact for pricing
For Sale
Contact for pricing
Retail store in Kendall, serving cyclists of all levels.
Property Size1,980 SF
Price / SF$393.94
Days on Market893
Property Features for 14097 SW 88th St
General Information
- Standard status
- Active
- Size
- 1,980 SF
- Property subtype
- Retail, Business for Sale
Building Details
- Year Built
- 2020
Listing agency
Realty Way, LLC.
(305) 807-2734
Listed by
Ana Sandoval · License #3293668
Source
Crexi
Added: Feb 10, 2024 Updated: Jul 6 at 8:30AM Checked: Jul 21 at 9:50AM
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 Realty Way, LLC.
Investment Insights
Based on property information with market context.
This retail store, situated in the heart of Kendall, offers a prime opportunity within an active community. The property is positioned to cater to cyclists, from casual riders to serious enthusiasts. The business carries recognized brands, including Scott, Giant, Colnago, BMC, Look, and Orbea, offering bikes and accessories. The location benefits from foot traffic and is surrounded by a health-conscious, outdoor-loving population. The property size is 1980 square feet.
Key Highlights
- Financially healthy business with a strong ROI.
- Prime location in the heart of Kendall with excellent foot traffic.
- Minimal competition in the area promising long‑term profitability and sustainable growth.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $81.3k | $41.04 |
| − Vacancy | −$13.2k | −$6.65 |
| EGI | $68.1k | $34.39 |
| − OpEx | −$20.4k | −$10.32 |
| NOI | $47.7k | $24.07 |
1,980 SF · lease $41.04/SF/yr · vacancy 16.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$681.0K
$595.8K – $794.5K
NOI $47,667 @ 7.0% cap · market cap 6.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.08M
$946.1K – $1.26M
NOI $75,686 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
88 Cycling
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail store in Kendall, serving cyclists of all levels.
Where is this retail space located?
The property is located at 14097 SW 88th St Miami, FL.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: Financially healthy business with a strong ROI.; Prime location in the heart of Kendall with excellent foot traffic.; Minimal competition in the area promising long‑term profitability and sustainable growth.
