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- (305) 790-0199
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2009
Sq.Footage
N/A
Kendall Market 25,642 sf Freestanding 2009-Built Suburban Office Building with Significant Upside on Rents or Available for an Owner-User. Currently housing 19 units, all leased but retained on month-to-month leases for ease of re-tenanting or vacating. Currently generating $185k per year but Pro-Forma rents would easily take this to $611k NOI per year for a nearly 10% cap at asking price. Site is on 42k sf lot, with plenty of parking, and in a thriving, very clean and very economically vital corner of Kendall. Modern trends have pushed new-forming families to the suburbs in large numbers, and as such suburban office markets are finding incredible vitality as opposed to more urban product. Because of this, tenancy is only growing in strength and should continue that way.
Features & Amenities
Interior
Area & Lot
-
Property Type
Commercial Sale
Exterior
-
Garage
No
Financial
-
Sales Price
$6,300,000
-
Tax Amount
42635.0
-
Zoning
7700
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Location
County
Miami-Dade
Elementary School
Middle School
High School
Listing Courtesy of Carlos Miranda , Fausto Commercial Realty Consultants Inc
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Realtor
JarrodGaylis
Call Jarrod today to schedule a private showing.
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