72 NW 79th St 4,065 SF Retail Building Miami, FL 33150 $3,200,000 ($787.21/SF) 5.28% Cap Rate
INVESTMENT HIGHLIGHTS
- Strong tenant-occupied commissary for sale
- Extensive infrastructure newly installed in building for food preparation
EXECUTIVE SUMMARY
INVESTMENT OPPORTUNITY
• Newly Built-Out Commissary Kitchen for Sale – Turnkey opportunity with modern infrastructure.
• Strong Tenant in Place – Stable income stream with a reliable operator.
• Extensive Infrastructure – Equipped for high-volume food production, ideal for ghost kitchens, catering businesses, and meal prep services.
• Prime Location – Centrally located with easy access to major highways, within minutes of most of the Miami-Dade MSA population.
• Growing Industry Demand – Commissary kitchens are in high demand as food delivery services continue to expand.
• Zoned for Food Production – Fully compliant with health and safety regulations, making it easy for operators to start immediately.
• High Barrier to Entry Market – Limited availability of commissary kitchens in the area creates strong demand and competitive positioning for this asset.
• Newly Built-Out Commissary Kitchen for Sale – Turnkey opportunity with modern infrastructure.
• Strong Tenant in Place – Stable income stream with a reliable operator.
• Extensive Infrastructure – Equipped for high-volume food production, ideal for ghost kitchens, catering businesses, and meal prep services.
• Prime Location – Centrally located with easy access to major highways, within minutes of most of the Miami-Dade MSA population.
• Growing Industry Demand – Commissary kitchens are in high demand as food delivery services continue to expand.
• Zoned for Food Production – Fully compliant with health and safety regulations, making it easy for operators to start immediately.
• High Barrier to Entry Market – Limited availability of commissary kitchens in the area creates strong demand and competitive positioning for this asset.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,065 SF
Building Class
C
Year Built/Renovated
1960/2008
Price
$3,200,000
Price Per SF
$787.21
Cap Rate
5.28%
NOI
$169,104
Tenancy
Single
Building Height
1 Story
Building FAR
0.47
Lot Size
0.20 AC
Opportunity Zone
Yes
Zoning
T6-8 O - Retail high density.
Parking
6 Spaces (1.48 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Restaurant
- Security System
- Signalized Intersection
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- IKIF LLC
- Services
- -
- -
-
Lorem Ipsum
-
Jan 0000
- REEF Technologies
- Services
- -
-
$9.99
-
Lorem Ipsum
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| IKIF LLC | Services | - | - | Lorem Ipsum | Jan 0000 | |
| REEF Technologies | Services | - | $9.99 | Lorem Ipsum | - |
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 01-3112-057-0010 | Improvements Assessment | $1,214,900 |
| Land Assessment | $864,000 | Total Assessment | $2,078,900 |
