Mills Dr. Unit 307 Kendall, FL 33183
Latin Inspired High-Vibe Restaurant in Kendall
Property Features for Mills Dr. Unit 307
General Information
- Standard status
- Active
- Property type
- Shopping centers, Retail properties & Spaces
- Size
- 3,700 SF
- Class
- B
- Investment Type
- Net Lease
Building Details
- Stories
- 1
Listing agent Julie License #3449363 (305) 389-5800
Listing office Patricia Burnside Realty (305) 389-5800
Listing date Feb 18, 2026
Investment Insights
Based on property information with market context.
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 | $97.7k | $26.40 |
| − Vacancy | −$8.3k | −$2.24 |
| EGI | $89.4k | $24.16 |
| − OpEx | −$26.8k | −$7.25 |
| NOI | $62.6k | $16.91 |
