Motor City Center | Hialeah Gardens Retail Showroom |… — Sale in Hialeah, FL
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Property
- Location: Hialeah, FL 33016
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Investment Figures
- Cap rate
- 6.00%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
10600 NW 77th Avenue presents the opportunity to acquire a freestanding, single-tenant NNN investment in Hialeah Gardens, Florida. The property consists of approximately 12,500 square feet on approximately 0.69 acres and is offered at $4,595,000. The asset is 100% occupied by Motor Shop Center, an established owner-operated South Florida powersports retailer, dealership, and service business. 10600 NW 77th Ave Flyer HD The tenant is operating under a 10-year NNN lease extending through July 31, 2035, with approximately 8.9 years of remaining term. Current annual base rent is $275,783, or approximately $22.00 per square foot, producing a current capitalization rate of 6.00%. Annual base rent increases by the greater of 3% or CPI, providing contractual income growth throughout the lease term. Based on the 3% contractual rent floor, the investment is projected to generate an average capitalization rate of approximately 6.68% over the remaining lease term. The lease also includes a personal guaranty. 10600 NW 77th Ave Flyer HD The property also benefits from approximately 100 feet of frontage along NW 77th Avenue and prominent visibility from the nearby Palmetto Expressway. Its freestanding configuration, established tenant, long-term NNN lease structure, contractual rent growth, and Hialeah Gardens location combine to offer investors a stabilized income-producing asset with limited landlord responsibilities and built-in NOI growth. Investment Highlights: • Long-Term NNN Lease: 10-year NNN lease through July 2035 with annual rent increases by the greater of 3% or CPI, providing durable income growth and limited landlord responsibilities. • Strong Yield Growth: Offered at $4.595M with a 6.00% current cap rate and 6.68% average cap rate over the lease term based on the 3% contractual rent floor. • Prime Hialeah Gardens Location: 12,500 SF freestanding property on 0.69 acres with NW 77th Avenue frontage, strong visibility, and immediate access to the Palmetto Expr
Market Context
This retail in Hialeah, FL is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Hialeah, FL — view the full market.
As of Q4 2025, the Miami retail market showed a 3.1% vacancy rate, and rents up 1.4% year over year. Source: multiple brokerage reports, Q4 2025.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Retail market FAQ
- Is the Miami retail market tightening or softening?
- Vacancy is around 3.1%, with asking rents rising year over year (Q4 2025).
Estimated Price per SF
$154.08/SF – $1,121/SF
Mid: $466.90/SF
About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.
Contact the listing broker
This listing comes from the Marcus & Millichap website. CREhunt does not pass messages to the broker. Contact the broker directly.
- Ben Brett · (786) 522-7058 · benjamin.brett@marcusmillichap.com
- Alex Zylberglait · (786) 522-7056 · alex.zylberglait@marcusmillichap.com
- Robert Bhat · (786) 522-7092 · robert.bhat@marcusmillichap.com
Questions to ask the broker
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- What is the asking price?
- What is the current zoning, and does it allow my intended use?
- How many parking spaces come with the property?
Explore this market
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