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Mirage Plaza 4800 W Flagler St
21,993 SF 22% Leased Retail Building Miami, FL 33134 $6,250,000 ($284/SF) 6.32% Cap Rate
Investment Highlights
- NEW CAP RATE ¨5.67¨, 38,000 traffic count in central artery of Miami. Pylon signage creates visibility for tenants daily.
- Parking area is found in front and under the building.
- The fully-leased Mirage Plaza has a dedicated turn lane, making entrance and exit to the plaza a smooth interaction.
- Yearly renewals increase rent prices between 5-7%.
Executive Summary
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
The retail offering of 750 square feet faces Flagler St. The retail space has pylon signage that is visible to the daily traffic count of 38,000 vehicles. The retail space at Mirage Plaza has a dedicated turn lane making easy entrance and exit to the space. This space are conditioning for church.
- 2nd Floor
- 1,500 SF
- Office
- -
- Now
| Space | Size | Space Use | Position | Available |
| 2nd Floor | 750 SF | Retail | In-Line | Now |
| 2nd Floor | 1,500 SF | Office | - | Now |
2nd Floor
| Size |
| 750 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
2nd Floor
| Size |
| 1,500 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
2nd Floor
| Size | 750 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
The retail offering of 750 square feet faces Flagler St. The retail space has pylon signage that is visible to the daily traffic count of 38,000 vehicles. The retail space at Mirage Plaza has a dedicated turn lane making easy entrance and exit to the space. This space are conditioning for church.
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 01-4106-014-1120 | Total Assessment | $2,244,772 (2024) |
| Land Assessment | $0 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Presented by
Mirage Plaza | 4800 W Flagler St
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