9420 NW 41st St - Retail FOR SALE


Doral, FL 33178
$16,900,000 USD
305-209-8866
9420 NW 41st St, Doral, FL for Sale
$16,900,000 USD
Retail - FOR SALE
1/9
null | Request Cap Rate

9420 NW 41st St
Doral, FL 33178


OVERVIEW

Sanctuary at Doral, located at 9420–9430 NW 41st Street, Doral, FL 33178, presents a rare opportunity to acquire a newly built, 100% occupied retail asset in one of South Florida’s fastest-growing submarkets. Completed in 2023, this 26,419 SF two-unit retail condominium investment is fully leased on a triple-net basis, delivering a strong in-place NOI of $1,080,640 with a 75-month weighted average lease term. The property is anchored by Seabra Foods, a proven grocery operator with approximately $2.63 million in 2025 store sales, alongside a newly executed lease with City Food Hall Doral, bringing dynamic food-and-beverage traffic to the project. Both leases feature contractual rent growth, with average base rent of $40.22/SF, creating durable income and upside. Positioned along NW 41st Street with exposure to approximately 48,000 vehicles per day, the asset benefits from exceptional visibility and a built-in customer base from the 226 luxury apartments directly behind the retail. The surrounding Doral market continues to surge, with more than 9,000 residential units planned or under construction nearby, further reinforcing long-term demand and investment appeal.

FOR SALE DETAILS

PRICE

$16,900,000 USD

PRICE/SF

$1,272 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sanctuary Doral

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.18 AC

LAND SF

312,749 SF

ZONING

CMU

APN/PARCEL ID

35-3028-034-0001

ASK ABOUT THIS PROPERTY

Arthur PorosoffCompass Florida LLCMore Info
305-209-8866

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Arthur PorosoffCompass Florida LLCMore Info
305-209-8866

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.