3432 Red Rd Miramar, FL 33025
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.