35 SW 114th Ave 7,740 SF 100% Leased Office Building Miami, FL 33174 $3,000,000 ($387.60/SF) 4.10% Cap Rate
EXECUTIVE SUMMARY
An incredibly rare investment opportunity! This office retail building, built in 2007, offers over 7,000 square feet. The property is 100% occupied, ensuring immediate income from established tenants. Strategically located in a high-traffic area, this property is ideal for investors looking for a stable, cash-flowing asset.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$170,479
|
$22.03
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$170,479
|
$22.03
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$46,911
|
$6.06
|
| Net Operating Income |
$123,568
|
$15.96
|
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
7,740 SF
Building Class
C
Year Built
2007
Price
$3,000,000
Price Per SF
$387.60
Cap Rate
4.10%
NOI
$123,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,006 SF
Building FAR
0.56
Lot Size
0.32 AC
Zoning
C-1
Parking
17 Spaces (2.58 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Archy's Diagnostic Ctr
- Health Care and Social Assistance
- -
- -
- -
- Cuba Tours Envios Inc
- Services
- -
- -
- -
- Ejj Roofing
- Construction
- -
- -
- -
- Gismer Medical Services
- Health Care and Social Assistance
- -
- -
- -
- Iammoor
- Services
- -
- -
- -
- Miami Wellness Ctr Inc
- Professional, Scientific, and Technical Services
- -
- -
- -
- R & D Clinical Research Corp
- Professional, Scientific, and Technical Services
- -
- -
- -
- Roofing Arauz
- Construction
- -
- -
- -
- Sweetwater Medical Svc
- Health Care and Social Assistance
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Archy's Diagnostic Ctr | Health Care and Social Assistance | - | - | - | ||
| Cuba Tours Envios Inc | Services | - | - | - | ||
| Ejj Roofing | Construction | - | - | - | ||
| Gismer Medical Services | Health Care and Social Assistance | - | - | - | ||
| Iammoor | Services | - | - | - | ||
| Miami Wellness Ctr Inc | Professional, Scientific, and Technical Services | - | - | - | ||
| R & D Clinical Research Corp | Professional, Scientific, and Technical Services | - | - | - | ||
| Roofing Arauz | Construction | - | - | - | ||
| Sweetwater Medical Svc | Health Care and Social Assistance | - | - | - |
1 of 1
Walk Score®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 25-4006-001-0937 | Improvements Assessment | $890,447 |
| Land Assessment | $478,975 | Total Assessment | $1,369,422 |
