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31349639
31349638

9420 NW 41st St, Doral, FL 33178 For Sale

AP
FL 3160379
Porosoff Group
Listed by Porosoff Group
$16,899,999
117 days on market
Updated 1 day ago

Sanctuary Doral | Fully Leased | NNN | 26,419 SF

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 26,419
Net Rentable (SqFt) 26,419
Cap Rate 6.39%
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $640
Buildings 2

NNN Retail Investment

Marketing description

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.

Listing Contacts

AP
FL 3160379
Porosoff Group
Listed by Porosoff Group

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Additional Information

Name
Arthur Porosoff
License
3160379
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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