476 SW 8th St, Miami, FL 33130

The Signature “El Gato Corner”, is a building on a hard corner fronting the main commercial corridor of historic SW 8th St (Calle Ocho).
Positioned between Brickell & Little Havana, this represents a unique opportunity to acquire one of the most prominent corner sites in Little Havana.
The building is fully leased to 4 tenants including a Liquor Store, Barber Shop, Church, & Discount Store. An investor can bring rents up to market rents and/or reposition the tenancy & the site has significant redevelopment upside with the ability to add up to 24 residential units or 48 hotel keys with high-performing ground floor retail.
Current market rents are averaging $32/SF (NNN) in the immediate surrounding area & rents jump to upwards of $80-100 PSF the closer you are to Brickell Avenue.