Prominent Building Signage Opportunity 2200 SW 67th Ave

14,967 SF Office Building Miami, FL 33155 $8,000,000 ($535/SF) 7% Cap Rate

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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

Unlock the potential of 2200 SW 67th Avenue, a three-story office building offering an exclusive sale or lease opportunity in West Miami. Constructed in 2015, the property fully complies with modern building codes and features a robust 60kW Kohler generator for reliable power backup. With security and versatility in mind, the building boasts high ceilings and a spacious 5-foot by 7-foot elevator, which is well-suited for medical and service uses. Security is paramount, with full CCTV coverage, access control, an advanced security system, and Wi-Fi throughout the premises.

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

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
14,967 SF
Building Class
B
Year Built
2015
Price
$8,000,000
Price Per SF
$535
Cap Rate
7%
NOI
$560,000
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
4,989 SF
Slab To Slab
14’
Building FAR
0.76
Lot Size
0.45 AC
Zoning
BU-1A - Allows for retail, commercial, and service convenience facilities that meet the needs of the adjacent residential neighborhood.
Parking
37 Spaces (2.47 Spaces per 1,000 SF Leased)

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
  • 1st Floor
  • 2,967 SF
  • Office/Medical
  • Full Build-Out
  • May 2025

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.

  • 2nd Floor
  • 6,000 SF
  • Office/Medical
  • Full Build-Out
  • May 2025

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.

  • 3rd Floor
  • 6,000 SF
  • Office/Medical
  • Full Build-Out
  • May 2025

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
Walk Score®
Very Walkable (71)

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

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
24,392
188,402
480,146
2024 Population
22,069
174,951
455,676
Population Growth '20-'24
-9.5%
-7.1%
-5.1%
2020 Households
8,486
69,549
180,595
2024 Households
7,575
63,837
169,673
Household Growth '20-'24
-10.7%
-8.2%
-6.1%
Average Age
44
44
43
Median Household Income
$64,495
$64,386
$62,783
Daytime Employees
13,355
133,052
365,834
Total Businesses
1,910
19,695
51,667
College Degree + Higher
29%
36%
37%

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

SALE ADVISOR

SALE ADVISOR

(305) 796-0690
Contact
Tony Hernandez, President
(305) 796-0690
Contact
Tony is a seasoned and highly responsive real estate investor with a wealth of knowledge in the dynamic Miami market. With years of experience navigating commercial and investment properties, Tony has built a reputation for strategic decision-making and exceptional client service.
  • Listing ID: 34129577

  • Date on Market: 12/8/2024

  • Last Updated:

  • Address: 2200 SW 67th Ave, Miami, FL 33155