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Home61's Closings in
Flagami
Retail strip center in the growing west flagler submarket, just minutes from little havana. This 100% occupied property offers a rare opportunity for investors to maximize returns. Current tenants pay below-market rents, 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.
Data is provided by Miami Board of Realtors.
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