Kendall Restaurant: Latin Asian
Sw 56Th St. Miami, FL 33175
For Sale
$795,000
Beautiful Latin/Asian Fusion Restaurant in Kendall
Property Size2,000 SF
Price / SF$397.50
Days on Market161
Property Features for Sw 56Th St.
General Information
- Standard status
- Active
- Property type
- Strip malls, Shopping malls
- Size
- 2,000 SF
- Sale Condition
- Lease Option
- Investment Type
- Net Lease
Building Details
- Stories
- 1
Listing Agency:
Patricia Burnside Realty
(305) 389-5800
Listed By:
Julie · License #3449363
(305) 389-5800
Added: Feb 16
Changed: Mar 16
Investment Insights
Based on property information with market context.
This restaurant offers a unique culinary experience, combining Japanese tradition with Latin passion. The 2,000 square foot space features live entertainment in an intimate setting. It is located in a large, anchored plaza in Kendall with ample shared parking. The restaurant has a fully trained staff, including sushi and ceviche chefs, who are available for hire by a new owner. The property is located in Miami, Florida, with a postal code of 33175.
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 | $48.0k | $24.00 |
| − Vacancy | −$3.8k | −$1.92 |
| EGI | $44.2k | $22.08 |
| − OpEx | −$13.2k | −$6.62 |
| NOI | $30.9k | $15.46 |
2,000 SF · lease $24.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$441.6K
$386.4K – $515.2K
NOI $30,912 @ 7.0% cap · market cap 3.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.01M
$887.9K – $1.18M
NOI $71,028 @ 7.0% cap · market cap 8.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Strip malls
FAQs
What type of property is this?
Strip mall - Beautiful Latin/Asian Fusion Restaurant in Kendall
Where is this strip mall located?
The property is located at Sw 56Th St. Miami, FL.
What is the asking price?
The asking price for this property is $795,000.
