West Dixie Hwy Owner/User Restaurant Building — Sale in North Miami, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: North Miami, FL 33161

Investment Figures

Cap rate
2.55%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present for sale, West Dixie Highway Owner/User Restaurant Building located on busy West Dixie Highway in North Miami. Investment Highlights: • Rare Opportunity to Secure a Fully Built Out Restaurant Property on the Corner of NE 140th Street and West Dixie Hwy in North Miami • Existing Restaurant Tenant is on a Short Term Lease with No Options, Allowing a Buyer the Option to Occupy the Space or Re-rent for a Higher Rent • Restaurant Infrastructure Provides Cost Savings for Incoming Tenants, Reducing Tenant Improvement Costs while Accelerating Lease Up

Market Context

This food service in North Miami, FL is listed for sale. It is offered at an approximate 2.5% capitalization rate, a key benchmark for income-producing food service assets. It has been on the market for 100 days. Compare it against other food service listings for sale in North Miami, FL — view the full market.

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