20811 Dixie HwyMiami, FL 33189

This exceptional South Florida beauty supply business, established in 1996 and operating from a prime Cutler Bay location for the past five years, presents a lucrative investment opportunity. The 12,000 square foot, Class A property includes a storefront and warehouse space, boasting a single-tenant, net lease with six years remaining on a ten-year term, renewable for an additional ten years. The property features 50 parking spaces, one loading dock with a dock-high door, and a 25-foot ceiling height. The business generates a substantial NOI of $780,000 (pro-forma $700,000), resulting in a compelling cap rate of 26% (pro-forma 23.33%). Monthly sales range from $115,000 to $180,000-$190,000, with a net cash flow of approximately $360,000 annually. The asking price is $3,000,000, including approximately $1.5 million in inventory and $200,000 in store fixtures. The business benefits from a strong online presence, exclusive contracts with premium brands, and a strategic location across from a major development project, the Southplace City Center, which is expected to significantly increase foot traffic. Neighboring businesses include DD's Discounts, Crunch Gym, Publix, and Party City. The property includes three air conditioning units (two 20-ton and one 10-ton). Serious inquiries only