Conventional Restaurant Business with
For Sale
$210,000
9546 SW 160th St, Miami, FL 33157
Restaurant business with commercial kitchen infrastructure and a triple net lease.
Property Size1,360 SF
Price / SF$154.41
Days on Market54
Property Features for 9546 SW 160th St
General Information
Standard status
Active
Size
1,360 SF
Property subtype
Business Opportunity
Building Details
Year Built
1997
Listing Agency:
Luxe Properties
Listed By:
Dinorah Lazala · License #000000
Source:
Thepennteam
Added: Sep 4
Changed: Oct 25
Last Checked: Oct 7 at 2:04PM
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 Luxe Properties
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Investment Insights
Based on property information with market context.
This conventional restaurant business occupies approximately 1,360 SF and includes furniture, fixtures, and equipment for ongoing food-service operations. The commercial kitchen contains a 10-burner gas range with dual ovens, a Type I hood with fire-suppression system, refrigeration and freezer equipment, a 3-compartment sink, prep tables, shelving, and smallwares.
The business is positioned in a Publix-anchored shopping center in South Miami-Dade and operates under a triple net lease. The offering is for the business only; real estate is excluded. The business name, brand, and website are not included, and lease transfer is subject to landlord approval. Showings are available by appointment.
The business is positioned in a Publix-anchored shopping center in South Miami-Dade and operates under a triple net lease. The offering is for the business only; real estate is excluded. The business name, brand, and website are not included, and lease transfer is subject to landlord approval. Showings are available by appointment.
Key Highlights
- Approximately 1,360 SF restaurant business
- 10‑burner gas range with dual ovens
- Type I hood with fire‑suppression system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,682
Cap Rate
6.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,640
$293.6K
Cap Rate 7%
$209,743
$209.7K
Cap Rate 9%
$163,133
$163.1K
Market Conditions
NOI Build-Up for 1,360 SF
Gross rent
$22.2K $16.32/SF
− Vacancy
−$1.2K −$0.90/SF
EGI
$21.0K $15.42/SF
− OpEx
−$6.3K −$4.63/SF
NOI
$14.7K $10.80/SF
Area
ZIP 33157
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,640
Cap Rate 7%
$209,743
Cap Rate 9%
$163,133
Alternative Uses
Best Use
Specialty Retail
$394.5K
$345.2K – $460.2K
NOI $27,613 @ 7.0% cap · market cap 13.15%
Second Best
Industrial
$209.7K
$183.5K – $244.7K
NOI $14,682 @ 7.0% cap · market cap 6.99%
Theoretical Best
Office A
$690.0K
$603.7K – $805.0K
NOI $48,299 @ 7.0% cap · market cap 23.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
917
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 33157, FL
68,069
Population
23,176
Households
2.9
Avg Household Size
42
Median Age
33%
College-Educated
86%
High-School Grad
14.9 sq mi
ZIP Area
4,568
Density / Sq Mi
$80,364
Median Household Income
$38,803
Median Earnings
$1,493
Median Rent
$478,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Miami, FL
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant business with commercial kitchen infrastructure and a triple net lease.
Where is this conventional restaurant located?
The property is located at 9546 SW 160th St Miami, FL.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Approximately 1,360 SF restaurant business; 10‑burner gas range with dual ovens; Type I hood with fire‑suppression system
