Keith Menin Of Menin Hospitality Sells Retail Property Leased To Bodega Taqueria Y Tequila For $6.5M
3419 Main Highway
$6,500,000
$1,960/SF
Building Size
3,315 SF
Asset Type
Retail
Closing
Jul 16, 2025
AI
A retail property located at 3419 Main Highway in Miami has been sold for $6,500,000. The asset is a single-tenant facility covering 3,315 square feet, resulting in a price per square foot of approximately $1,961. The property is leased to Bodega Taqueria y Tequila, and it was sold in an off-market transaction.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,500,000
- Square Footage: 3,315 SF
- Price per Square Foot: $1,961
- Address: 3419 Main Highway, Miami
- Seller: Keith Menin - Menin Hospitality
- Brokers: Michael Silverman & Jeff Evans - The Comras Company
The transaction involved Michael Silverman and Jeff Evans representing The Comras Company, who facilitated the sale of the property owned by a Keith Menin-led entity to an undisclosed buyer. Bodega Taqueria y Tequila will continue its long-term lease at the location.
Players
Miami Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93