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1200 Brickell Ave - Babson College
5,434 SF Office Condo Unit Offered at $2,900,000 in Miami, FL 33131
Executive Summary
1200 Brickell is one of Miami’s finest office-condo in the heart of Miami’s Financial District, offering a unique opportunity to lease or own prime commercial real estate in one of the world’s most important cities. The 20-story office building, 235,432 RSF has a luxury lobby, an open landscape plaza and sweeping semi-circular drop-off driveway for visitor’s convenience. Strategically located on the best and most exposed corner of Brickell Avenue (Coral Way and Brickell Avenue), surrounded by a mecca of international commerce complemented by the charm and convenience of Mary Brickell Village and next to Miami’s finest hotels and restaurants. Easy access through South Miami Avenue, Brickell Avenue, Coral Way and to major highways such as I-95 and just minutes away from Miami International Airport and Port of Miami.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $2,900,000 | Building Class | A |
| Unit Size | 5,434 SF | Floors | 20 |
| No. Units | 1 | Typical Floor Size | 11,500 SF |
| Total Building Size | 250,000 SF | Year Built | 2008 |
| Property Type | Office (Condo) | Lot Size | 2.06 AC |
| Property Subtype | Office/Residential | Parking Ratio | 2.3/1,000 SF |
| Sale Type | Investment |
| Price | $2,900,000 |
| Unit Size | 5,434 SF |
| No. Units | 1 |
| Total Building Size | 250,000 SF |
| Property Type | Office (Condo) |
| Property Subtype | Office/Residential |
| Sale Type | Investment |
| Building Class | A |
| Floors | 20 |
| Typical Floor Size | 11,500 SF |
| Year Built | 2008 |
| Lot Size | 2.06 AC |
| Parking Ratio | 2.3/1,000 SF |
1 Unit Available
Unit 300
| Unit Size | 5,434 SF | Sale Type | Investment |
| Price | $2,900,000 | Cap Rate | 4.86% |
| Price Per SF | $533.68 | NOI | $140,940 |
| Condo Use | Office |
| Unit Size | 5,434 SF |
| Price | $2,900,000 |
| Price Per SF | $533.68 |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 4.86% |
| NOI | $140,940 |
Sale Notes
AG Commercial Real Estate Advisors is pleased to offer the opportunity to acquire this trophy location office condominium leased to Babson College, one of the most prominent education institutions in the US. This property is centrally located right in the heart of the 10th largest metropolitan area in the United States with a GDP of S409.4 billion as of 2022.
Babson has been operating this campus under a full service lease with favorable 3% increases per year since 2018. They recently exercised a ten (10) year lease extension showing full commitment to the site.
Babson College is one of nations most prestigious higher
education institution.
- Offers MBA programs.
- Long Term Tenancy Since 2108.
- Just Began First year of a ten (10) year lease renewal.
- Rare 3% Increases Per Year.
Approximately 10% Below Market Rate.
+21 More
Valet Parking
South View
South View
Entrance
Entrance
Entrance/Kitchen
Conference Room
Conference Room
Conference Room
Conference Room
Conference Room
Private Office 1
Private Office 1
Private Office 2
Private Office 2
Private Office 3
Private Office 3
Private Office 4
Private Office 4
Open Area
Open Area
Open Area
Open Area
Open Area
Mailroom
IT Room
Amenities
- 24 Hour Access
- Banking
- Bus Line
- Controlled Access
- Metro/Subway
- Property Manager on Site
- Security System
- High Ceilings
- Natural Light
- Partitioned Offices
- Air Conditioning
zoning
| Zoning Code | T6-48A-O (Mixed-Use) |
| T6-48A-O (Mixed-Use) |
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1200 Brickell Ave - Babson College
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