1790 107th Ave Sweetwater, FL 33172-2790
This exceptional investment opportunity presents a fee-simple ownership of a 4,984 square foot Japan Inn restaurant in Doral, Florida. Located at 1790 NW 107th Ave, this single-tenant, absolute NNN leased property boasts a strong 6.00% cap rate and a substantial remaining lease term of 14.6 years (expiring June 30, 2039), commencing June 30, 2019. The property benefits from a corporate guarantee and features annual rent bumps of 2%. The asking price is $3,547,433, translating to a price per square foot of $711.76. Situated on a 0.1-acre lot, the one-story building was constructed in 2018 and enjoys 100% occupancy. The property's prime location on NW 107th Ave, with over 44,500 vehicles passing daily, provides exceptional visibility and accessibility. Its proximity to the Nuvo Suites Hotel (176 rooms), Miami International Mall, and the high-traffic Dolphin Expressway further enhances its strategic value. The area is densely populated with numerous apartment complexes and new residential developments, ensuring a consistent customer base. Nearby educational institutions, including Doral College, also contribute to the area's vibrancy. The established Japan Inn brand, known for its Japanese and Thai cuisine, including fresh sushi, adds to the property's appeal. The property generates a strong net operating income (NOI) of $212,846. This is a rare opportunity to acquire a high-performing, well-located restaurant property with significant long-term growth potential in a thriving Florida market.
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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 · Sweetwater, FLSweetwater. 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.