823 125th St North Miami, FL 33161-5711
The Taft Retail Center presents a unique opportunity for retail businesses seeking a well-established presence in a thriving area. This single-story, 21,600 square foot shopping center, constructed of concrete block and stucco, offers a versatile space ideal for a variety of retail concepts. Built in 1948 with renovations completed in 1985, the property is in good condition and boasts a rectangular footprint. Currently, 2,000 square feet of retail space is immediately available, divisible into units as small as 750 square feet, with a maximum contiguous space of 2,000 square feet. All utilities are readily accessible. The center's convenient location and established presence make it an attractive option for businesses seeking high visibility and foot traffic. This is an excellent opportunity to secure a space in a well-maintained, functional retail center with a proven track record. The property's solid construction and readily available utilities ensure a smooth and efficient operation for any tenant. The flexible space options cater to a wide range of business needs, making it an ideal location for both established businesses and new ventures.
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
6000:COMMERCIAL,GENERAL · North Miami, FLNorth Miami. 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.