161 29th St Hialeah, FL 33012
This thriving convenience store, located at 161 W 29th Street in Hialeah, Florida (zip code 33012), presents a compelling investment opportunity. Priced at $115,000, this retail property boasts approximately 5,000 square feet of space, offering significant potential for expansion and added services. The current lease has four years remaining, with a valuable option for an additional five-year term, providing long-term stability for the investor. The property features convenient on-site parking, with seven spaces directly in front of the store, ensuring easy access for customers. Additional storage space is located at the rear of the building, enhancing operational efficiency. Situated in a bustling Hialeah neighborhood, this well-established convenience store benefits from high foot traffic and a strong customer base. This is an excellent chance to acquire a profitable, established business with significant growth potential in a prime location within Miami-Dade County. The property's size and lease terms make it an attractive investment for both seasoned and new entrepreneurs seeking a foothold in the thriving South Florida market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
6400:COMMERCIAL,CENTRAL · Hialeah, FLHialeah. Always verify with local authorities before improvements.
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.