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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

3432 Red Rd Miramar, FL 33025

1,200 SF
Property ID
Property summary
AI-generated overview

This exceptional 1,200 square foot storefront, located at 3432 Red Road in Miramar, Florida (33025), presents a unique investment opportunity. Currently vacant, this property is ideally suited for a hair salon or similar retail business, boasting a fully equipped interior ready for immediate operation. The asking price is $40,000, offering a negotiable sales price for motivated buyers. The property is a single-tenant retail space, categorized as a storefront, and operates under a NNN lease with 1.5 years remaining on the current term. Monthly rent is $5,000, inclusive of taxes and CAM charges. The property enjoys a prime location in Miramar, benefiting from high foot traffic. Prospective buyers should be prepared to demonstrate good credit, as a security deposit is required by the shopping center. This turnkey operation minimizes setup time and maximizes return on investment. The property's 1.5% cap rate reflects the current market conditions and the potential for strong rental income. This is an excellent opportunity for an investor seeking a low-risk, high-reward venture in a thriving Florida market. Serious inquiries only.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,200 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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