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Shopping Neighborhood

Doral Shops

11402 NW 41st St, Doral, FL 33178

Listing Price: Request For Offer

Gross SF
113,354
Rentable SF
113,354
Lot Size
5.86 acres
Year Built
2002

Investment Overview

Doral Shops is a 113,354-square-foot neighborhood center in the city of Doral, just west of Miami, Florida. Originally constructed in 2002, Doral Shops consists of a reinforced concrete structure with precast concrete joists for the second floor and roof level. The center has hurricane-impact storefront windows and doors throughout. Doral Shops contains just over 70,000 square feet of ground floor retail space. The largest user is Navarro Discount Pharmacy; a CVS company, with just over 21,000 square feet. The well-curated tenant mix contains 12 restaurants and several service oriented tenants. The average lease term for the ground floor spaces has been more than six years. The second floor contains almost 40,000 square feet of service retail and office space configured into 26 tenant bays. Many of these users are medical or health-related and have an average lease term of about four years. Second floor tenants benefit from a dedicated drive up parking deck. The property has been well maintained and has both excellent access and visibility within the dynamic Doral retail corridor.

Investment Highlights

  • Dynamic Neighborhood Center With Diverse, Well-Curated Tenant Mix
  • Significantly Below-Market Rents in a High Barrier-to-Entry Market
  • Favorable Demographics with Upward Trend Presenting Excellent Investment Fundamentals
  • Multi-Family Development in Doral Indicates Long-Term Institutional Confidence in Submarket
  • Within Doral's Retail Corridor with Exceptional Visibility

Exclusively Listed By

Shopping Neighborhood

Doral Shops

Listing Price: Request For Offer

Gross SF
113,354
Rentable SF
113,354
Lot Size
5.86 acres
Year Built
2002

Investment Highlights

  • Dynamic Neighborhood Center With Diverse, Well-Curated Tenant Mix
  • Significantly Below-Market Rents in a High Barrier-to-Entry Market
  • Favorable Demographics with Upward Trend Presenting Excellent Investment Fundamentals
  • Multi-Family Development in Doral Indicates Long-Term Institutional Confidence in Submarket
  • Within Doral's Retail Corridor with Exceptional Visibility

Investment Overview

Doral Shops is a 113,354-square-foot neighborhood center in the city of Doral, just west of Miami, Florida. Originally constructed in 2002, Doral Shops consists of a reinforced concrete structure with precast concrete joists for the second floor and roof level. The center has hurricane-impact storefront windows and doors throughout. Doral Shops contains just over 70,000 square feet of ground floor retail space. The largest user is Navarro Discount Pharmacy; a CVS company, with just over 21,000 square feet. The well-curated tenant mix contains 12 restaurants and several service oriented tenants. The average lease term for the ground floor spaces has been more than six years. The second floor contains almost 40,000 square feet of service retail and office space configured into 26 tenant bays. Many of these users are medical or health-related and have an average lease term of about four years. Second floor tenants benefit from a dedicated drive up parking deck. The property has been well maintained and has both excellent access and visibility within the dynamic Doral retail corridor.

Exclusively Listed By

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