$2,775,000
Miami, FL 33135
MLS# A12121659
2846 sqft
1 / 8
Property Description
Freestanding single-tenant retail building leased to Buckeye Check Cashing of Florida, Inc. dba InstaLoan on a brand new absolute NNN lease. Tenant signed in April 2026, took possession November 1, 2026 and base rent commences February 1, 2027. Lease runs through January 31, 2032 with 3% annual increases and four 5-year renewal terms. Tenant pays real estate taxes, insurance, utilities and all maintenance and repair including roof, structure, parking and HVAC. No landlord responsibilities. Offered at $2,775,000, a 5.74% cap rate on year-one NOI of $159,376, rising to 6.46% by lease year five. InstaLoan is part of the Community Choice Financial family of brands and has served customers since 1986. 2,846 SF building centered on a 15,000 SF (100 x 150) lot with 22 parking spaces. T5-L (Miami 21) zoning on West Flagler Street, minutes from Downtown Miami, Brickell, Coral Gables and MIA. Do not disturb tenant; all showings by appointment through listing agent.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-11-10
Status: Active
Original List Price: 2775000
List Price: $2,775,000
Current Price: $2,775,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 1
Postal Code: 33135
Subdivision Number: 40
Flood Zone: X
Country: United States
Street Number: 2924
Street Direction Prefix: W
Street Name: Flagler
Street Suffix: Street
State Or Province: FL
Postal Code +4: 1339
Area: 2410
Parcel Number: 0141030400430
Zoning: 6107
Directions: On West Flagler Street near SW 29th Avenue.
General Property Information
Number Of Buildings: 1
Occupant Type: Tenant
Lot Size Area: 15000
Property Sub Type: Retail
Building Area Main: 2846
Year Built: 1925
Parking Total: 22
Lot Size Acres: 0.34
Office/Member Information
DXORIGMLSID: SEF
Documents Available
Aerial Photo(s): 1
Structure Type
Retail: 1
Tenant Pays
Exterior Maintenance: 1
Fire Liability Insurance: 1
HVAC Maintenance: 1
Insurance: 1
Maintenance: 1
Real Estate Taxes: 1
Sewer: 1
Taxes: 1
Water: 1
Possession
Subject To Tenant Rights: 1
Special Information
Presently Leased: 1
Building and Property Details
# Of Tenants: 1
Building Features
Free Standing: 1
Business Type
Retail: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Road Frontage Type
Main Thoroughfare: 1
Income and Expenses
Occupancy Percentage: 100
Gross Scheduled Income: 159376
Net Operating Income: 159376
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Price Calculations
Current Price To SqFt: 975.05
Section Details
Parcel Number MLX: 0430
Financial Information
Tax Annual Amount: 22235
Tax Year: 2025
Tax Legal Description: CENTRAL PARK PB 5-57 LOTS 3 & 4 BLK 3 LOT SIZE 100.000 X 150 OR 18885-0157 02 1999 5
Status Change Information
Major Change Timestamp: 2026-11-10T05:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-11-11
Originating Details
Originating System Key: 570599057
Originating System ID: M00000151
Property Features
Building Features: Free Standing
Business Type: Retail
Documents Available: Aerial Photo(s)
Possession: Subject To Tenant Rights
Tenant Pays: Exterior Maintenance; Fire Liability Insurance; HVAC Maintenance; Insurance; Maintenance; Real Estate Taxes; Sewer; Taxes; Water
Listing Terms: 1031 Exchange; Cash; Conventional
Road Frontage Type: Main Thoroughfare
Special Information: Presently Leased
Structure Type: Retail
Showing Requirements: Appointment Only; Call Listing Agent
Listing Office: Synergy Realty Advisors
Last Updated: November - 15 - 2026
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