Prominent Building Signage Opportunity 2200 SW 67th Ave
14,967 SF Office Building Miami, FL 33155 $8,000,000 ($535/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Modern three-story office building with incredible signage potential offering a sale or lease opportunity in West Miami, ideal for diverse industries.
- Tall ceilings, an elevator, CCTV, access control, and Wi-Fi throughout make it an inviting space for medical users and service-oriented businesses.
- Take advantage of street view visibility to roughly 12,000 daily vehicles and exposure to 63,837 households within a 3-mile radius.
- Constructed in 2015, this property combines contemporary design with reliability, featuring a 60KW standby generator and building code compliance.
- 37 parking spaces offer exceptional access, including eight covered with a convenient 14-foot clearance for drive-thru trucks or deliveries.
- Benefit from hassle-free connectivity to key destinations like Miami International Airport, Downtown Coral Gables, the Palmetto Expy, and SR 836.
EXECUTIVE SUMMARY
2200 SW 67th Avenue includes 37 parking spaces, eight of which are under the roof and offer a convenient 14-foot clearance, ideal for drive-thru service trucks or deliveries. Structurally sound, the building has a reinforced concrete roof, impact-resistant windows and doors, and a fully fenced perimeter with electric motor gates. Its corner positioning is perfect for owners/users in the medical, legal, accounting, insurance, or construction services industries.
Prominent building signage opportunities provide visibility to approximately 12,000 daily vehicles and exposure to 63,837 households within a 3-mile radius, including the District West Gables, a 427-unit complex across the street. Centrally located, 2200 SW 67th Avenue is just two minutes from the Nicklaus Children's Hospital, 14 minutes from Miami International Airport (MIA), and close to major roadways such as the Palmetto Expressway and State Road 836. Downtown Coral Gables is down the road along Coral Way, with Downtown Miami seamlessly accessible just 10 minutes from the property. 2200 SW 67th Avenue presents a rare opportunity to secure a prime, turnkey office building in a high-demand area.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
---|---|---|
Gross Rental Income | $646,146 | $43.17 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $646,146 | $43.17 |
Taxes | $51,000 | $3.41 |
Operating Expenses | $26,400 | $1.76 |
Total Expenses | $77,400 | $5.17 |
Net Operating Income | $568,746 | $38.00 |
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Controlled Access
- Conferencing Facility
- Fenced Lot
- Security System
- Signage
- Wheelchair Accessible
- Reception
- Car Charging Station
- Smoke Detector
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Empire Electric Division of S&P500 Carlyle Group
- Construction
- 14,960 SF
- $38.00
- Triple Net
- Feb 2025
TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
Empire Electric Division of S&P500 Carlyle Group | Construction | 14,960 SF | $38.00 | Triple Net | Feb 2025 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Built in 2015, this property adheres to all current codes and features a 60KW Kohler backup generator. It offers high ceilings, a spacious 5-foot by 7-foot elevator ideal for medical use, comprehensive CCTV coverage, access control, a security system, and Wi-Fi. The property includes 37 parking spaces and eight covered spaces boasting 14-foot clearance, suitable for drive-through service trucks and deliveries. The building is constructed with a concrete roof, impact-resistant windows and doors, and is fully enclosed by fencing with electric motorized gates, ensuring maximum security. This is a must-see for those seeking a secure, well-equipped facility.
Built in 2015, this property adheres to all current codes and features a 60KW Kohler backup generator. It offers high ceilings, a spacious 5-foot by 7-foot elevator ideal for medical use, comprehensive CCTV coverage, access control, a security system, and Wi-Fi. The property includes 37 parking spaces and eight covered spaces boasting 14-foot clearance, suitable for drive-through service trucks and deliveries. The building is constructed with a concrete roof, impact-resistant windows and doors, and is fully enclosed by fencing with electric motorized gates, ensuring maximum security. This is a must-see for those seeking a secure, well-equipped facility.
Built in 2015, this property adheres to all current codes and features a 60KW Kohler backup generator. It offers high ceilings, a spacious 5-foot by 7-foot elevator ideal for medical use, comprehensive CCTV coverage, access control, a security system, and Wi-Fi. The property includes 37 parking spaces and eight covered spaces boasting 14-foot clearance, suitable for drive-through service trucks and deliveries. The building is constructed with a concrete roof, impact-resistant windows and doors, and is fully enclosed by fencing with electric motorized gates, ensuring maximum security. This is a must-see for those seeking a secure, well-equipped facility.
Space | Size | Space Use | Condition | Available |
1st Floor | 2,967 SF | Office/Medical | Full Build-Out | May 2025 |
2nd Floor | 6,000 SF | Office/Medical | Full Build-Out | May 2025 |
3rd Floor | 6,000 SF | Office/Medical | Full Build-Out | May 2025 |
1st Floor
Size |
2,967 SF |
Space Use |
Office/Medical |
Condition |
Full Build-Out |
Available |
May 2025 |
2nd Floor
Size |
6,000 SF |
Space Use |
Office/Medical |
Condition |
Full Build-Out |
Available |
May 2025 |
3rd Floor
Size |
6,000 SF |
Space Use |
Office/Medical |
Condition |
Full Build-Out |
Available |
May 2025 |
ABOUT WEST MIAMI
West Miami is located to the west of Coral Gables and South of Blue Lagoon and can be considered an extension of those two office nodes. However, West Miami has a lower population density and lower median household incomes than neighborhoods closer to the ocean.
Tenants are drawn to the area due to its low traffic congestion relative to Miami’s urban core, and attractive residential neighborhoods. Its proximity to the Gables, Coconut Grove, Brickell and the airport are additional primary draws.
West Miami’s principal industries are local services and finance, insurance and real estate companies. Major tenants in the area included United Health Group and smaller law offices, mortgage companies and accounting firms.
DEMOGRAPHICS
Demographics
NEARBY AMENITIES
HOSPITALS |
|||
---|---|---|---|
Nicklaus Children's Hospital | Children's | 2 min drive | 1 mi |
Westchester General Hospital | Acute Care | 3 min drive | 1 mi |
Doctors Hospital | Acute Care | 7 min drive | 3.6 mi |
Larkin Community Hospital | Acute Care | 8 min drive | 3.6 mi |
South Miami Hospital | Acute Care | 8 min drive | 3.8 mi |
RESTAURANTS |
|||
---|---|---|---|
Diced | Fast Food | - | 2 min walk |
Domino’s | - | - | 4 min walk |
Leo's Pizza | Pizza | $ | 6 min walk |
Disco Fish Market & Restaurant | Cuban | $$$$ | 9 min walk |
Pollo Tropical | - | - | 12 min walk |
BJ's Restaurant & Brewhouse | - | - | 13 min walk |
RETAIL |
||
---|---|---|
Health Mart Pharmacy | Drug Store | 4 min walk |
United States Postal Service | Business/Copy/Postal Services | 8 min walk |
Wawa | Convenience Market | 10 min walk |
Amerant Bank | Bank | 11 min walk |
UniVista Insurance | Insurance | 13 min walk |
BJ's Wholesale Club | Supermarket | 16 min walk |
HOTELS |
|
---|---|
SpringHill Suites |
150 rooms
8 min drive
|
Loews |
242 rooms
9 min drive
|
aloft Hotel |
125 rooms
10 min drive
|
AC Hotels by Marriott |
177 rooms
11 min drive
|
Marriott |
371 rooms
11 min drive
|
Hilton |
184 rooms
13 min drive
|
PROPERTY TAXES
Parcel Number | 30-4011-019-1280 | Total Assessment | $2,873,145 |
Land Assessment | $0 | Annual Taxes | $51,000 ($3.41/SF) |
Improvements Assessment | $0 | Tax Year | 2024 |