6815-6825 Biscayne Blvd - Storefront FOR SALE


Miami, FL 33138- Upper East Side North
$4,700,000 USD
786-522-7027
6815-6825 Biscayne Blvd, Miami, FL for Sale
$4,700,000 USD
Storefront - FOR SALE
1/9
null | 5.39% Cap Rate

6815-6825 Biscayne Blvd
Miami, FL 33138
Upper East Side North


HIGHLIGHTS

  • Prime Location: Strategically positioned on Biscayne Blvd (US-1) in Miami’s desirable MiMo District
  • Strong Tenant Mix: Occupied by national and regional tenants with an average tenure of over 15 years
  • Small-Bay Retail: Units average 1,240 SF on NNN leases, with all tenants separately metered for water and electricity. Strong Parking Ratio of 5 space
  • Below-Market Rents: Upside through lease renewals and repositioning below-market, month-to-month tenants
  • Recent Capital Improvements: New roof and fresh exterior paint reduce near-term capital expenditure exposure. 15 - Year Roof Warranty in place
  • High Traffic & Visibility: Excellent exposure at a signalized intersection with over 40,000 vehicles per day and dual access points on Biscayne Blvd.

OVERVIEW

Marcus & Millichap is pleased to introduced to you the MIAMI NNN RETAIL STRIP Located at 6815 Biscayne Boulevard, this retail asset is strategically positioned in the heart of Miami’s MiMo District, offering premier visibility along US-1 at a signalized intersection with over 40,000 vehicles per day. The property features dual access points, including a rare left-turn ingress, maximizing accessibility and exposure. Comprising small-bay retail units averaging 1,240 SF, all on NNN leases, the asset offers efficient utility management with tenants separately metered for water and electricity. A strong parking ratio of 5 spaces per 1,000 SF supports both tenant satisfaction and customer convenience. Several tenants operate on month-to-month leases at below-market rents, presenting a compelling value-add opportunity through lease renewals and rate adjustments. Recent capital improvements—including a new roof with a 15-year warranty and fresh exterior paint—significantly reduce near-term CapEx exposure and enhance long-term asset durability.

FOR SALE DETAILS

PRICE

$4,700,000 USD

PRICE/SF

$758 USD /SF

CAP RATE

5.39%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Miami NNN Retail Strip

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,191 SF

ZONING

T5-O

APN/PARCEL ID

01-3218-005-0130

ASK ABOUT THIS PROPERTY

Jonathan De La RosaMarcus & MillichapMore Info
786-522-7027

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Jonathan De La RosaMarcus & MillichapMore Info
786-522-7027

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