871 South Miami Avenue

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871 South Miami Avenue

Miami, FL 33130
Asking Price
Contact for price
Asset Type
Retail
Class
Class B

What's Special

Business Sale <ul><li>​<strong>Turnkey Luxury Restaurant Space</strong></li><li>​<strong>Business Sale with Key Money</strong></li><li>​<strong>1,413 SF ground floor + 3,498 SF mezzanine </strong></li><li>​$4.5M+ replacement cost</li><li>​Fully built-out with FF&E, HVAC, hoods, grease trap & bar</li><li>​Located within a high-end mixed-use development</li><li>​Strong built-in foot traffic and affluent customer base</li><li>​Seating Capacity: 97 (Expandable to 120)</li><li>​7 assigned parking spaces</li><li>​V

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times