4735 W Flagler St, Miami FL 33134
Basics
- Category: Commercial Sale
- Type: Retail
- Status: Active
- Floors: 1
- Lot size: 25928 sq ft
- Year built: 1946
- Year remodeled: Resale
- MLS ID: A11730999
Description
-
Description:
Retail strip center in the growing West Flagler submarket, just minutes from Little Havana.
Show all description
This 100% occupied property offers a rare opportunity for investors to maximize returns. Current tenants pay below-market rents, with significant income growth potential by converting gross leases to NNN leases and shifting operational costs like water and trash to tenants.
Highlights:
Redevelopment Potential: Ideal for Live Local Act incentives.
Income Growth: Below-market rents, with 5 tenants on month-to-month leases and 2 expiring in 2026.
High Demand: Small retail spaces in the area are highly sought after.
Prime Location: Flagler Street frontage with 38,000 vehicles daily.
This property offers immediate cash flow and strong growth potential—an exceptional investment opportunity.
Location
Building Details
- Parking: 30