4735 W Flagler St - Restaurant FOR SALE


Coral Gables, FL 33134
$5,300,000 USD
786-514-8046
4735 W Flagler St, Coral Gables, FL for Sale
$5,300,000 USD
Restaurant - FOR SALE
1/20
null | Request Cap Rate

4735 W Flagler St
Coral Gables, FL 33134


OVERVIEW

Retail strip center in the growing West Flagler submarket, Ideal for owner use just minutes from Little Havana. This 100% occupied property offers a rare opportunity for investors to maximize returns. Current tenants pay below-market rents, leased for 25% less than current market rates, the Property represents a rare value-add retail opportunity of considerable scale in South Florida, one of the best retail markets in the United States 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.

FOR SALE DETAILS

PRICE

$5,300,000 USD

PRICE/SF

$702 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Fortuna Shoppes

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Convenience Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,918 SF

ZONING

T6-8-0

APN/PARCEL ID

01-4106-036-0020

ASK ABOUT THIS PROPERTY

Madelin EstupinanFirst Service Realty ERAMore Info
786-514-8046

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Madelin EstupinanFirst Service Realty ERAMore Info
786-514-8046

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.