365 N ROYAL POINCIANA BLVD
365 N ROYAL POINCIANA BLVD
365 N ROYAL POINCIANA BLVD
365 N ROYAL POINCIANA BLVD
365 N ROYAL POINCIANA BLVD
365 N ROYAL POINCIANA BLVD
365 N ROYAL POINCIANA BLVD
365 N ROYAL POINCIANA BLVD
365 N ROYAL POINCIANA BLVD
365 N ROYAL POINCIANA BLVD
365 N ROYAL POINCIANA BLVD
365 N ROYAL POINCIANA BLVD
365 N ROYAL POINCIANA BLVD
Property Summary
PRICE SF:
$461/SF
PRIMARY LAND USE:
Restaurant / Cafeteria : Retail Outlet
STORIES/MAX HEIGHT:
1 story (NBD allows up to 3 stories / 40ft)
CURRENT TENANT:
Canela y Miel Gastrobar (Latin gastrobar & lounge)
LEASE TYPE:
Modified NNN - tenant pays taxes, insurance, utilities, repairs, HVAC
LEASE TERM:
3 years + two (2) 3-year renewal options
Description
Apex Capital Realty is proud to present 365 N Royal Poinciana Blvd, a fully leased, turnkey restaurant investment located in the heart of Miami Springs. The property consists of a 3,576 SF commercial building on a 6,750 SF lot and is strategically positioned just minutes from Miami International Airport.
Currently occupied by Canela y Miel Gastrobar, the property provides immediate inplace income under a modified NNN lease structure. The sale includes a complete second-generation restaurant build-out featuring a commercial kitchen, full bar, walk-in cooler, freezer, and extensive equipment package.
With flexible NBD zoning and a prime location in one of Miami-Dade’s most desirable submarkets, the property offers both stable cash flow and long-term value-add potential.
Lot & Building Size Breakdown:
BUILDING SIZE:
3,576 SF
LOT SIZE:
6,750 SF
ZONING:
NBD (City of Miami Springs)
YEAR 2 NOI:
$100,776
CAP RATE:
6.11%
Details
Property size: 3,576 SF
Property Status:
For Sale
Property Type: Restaurant
Land Area: 6,750 SF
Address
City: MIAMI SPRINGS
State/country: FLORIDA