8501 SW 124th Ave - Professional Arts Center At Kendall Village
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8501 SW 124th Ave - Professional Arts Center At Kendall Village
2,149 - 20,220 SF Condo Units Offered at $1,300,000 - $10,000,000 Per Unit in Miami, FL 33183
Investment Highlights
- Existing built out office with tenant in place
- Prime investment opportunity
Executive Summary
Existing built out office with tenant in place. Lease expires on 8.31.25 however they can exercise renewal option by 8.31.24
Property Facts
Price | $1,300,000 - $10,000,000 | Building Class | B |
Unit Size | 2,149 - 20,220 SF | Floors | 3 |
No. Units | 2 | Typical Floor Size | 30,000 SF |
Total Building Size | 95,787 SF | Year Built | 2007 |
Property Type | Office | Lot Size | 1.87 AC |
Property Subtype | Medical | Parking Ratio | 0.66/1,000 SF |
Price | $1,300,000 - $10,000,000 |
Unit Size | 2,149 - 20,220 SF |
No. Units | 2 |
Total Building Size | 95,787 SF |
Property Type | Office |
Property Subtype | Medical |
Building Class | B |
Floors | 3 |
Typical Floor Size | 30,000 SF |
Year Built | 2007 |
Lot Size | 1.87 AC |
Parking Ratio | 0.66/1,000 SF |
2 Units Available
Unit 203
Unit Size | 2,149 SF | Sale Type | Investment |
Price | $1,300,000 | No. Parking Spaces | 5 |
Price Per SF | $604.93 | Sale Conditions | Lease Option |
Condo Use | Office/Medical | APN/Parcel ID | 30-4936-038-0260 |
Unit Size | 2,149 SF |
Price | $1,300,000 |
Price Per SF | $604.93 |
Condo Use | Office/Medical |
Sale Type | Investment |
No. Parking Spaces | 5 |
Sale Conditions | Lease Option |
APN/Parcel ID | 30-4936-038-0260 |
Description
Built out general office space
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Unit 301
Unit Size | 20,220 SF | Sale Type | Investment or Owner User |
Price | $10,000,000 | Cap Rate | 6.45% |
Price Per SF | $494.56 | NOI | $645,000 |
Condo Use | Office | APN/Parcel ID | 30-4936-038-0460 |
Unit Size | 20,220 SF |
Price | $10,000,000 |
Price Per SF | $494.56 |
Condo Use | Office |
Sale Type | Investment or Owner User |
Cap Rate | 6.45% |
NOI | $645,000 |
APN/Parcel ID | 30-4936-038-0460 |
Description
Existing NSU space consisting of most of the entire 3rd floor located within the Professional Arts Center at Kendall Village. Builtout as classroom space. Major Signage available facing FL. Turnpike
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Amenities
- 24 Hour Access
- Property Manager on Site
- Security System
- Central Heating
- High Ceilings
- Natural Light
- Partitioned Offices
- Air Conditioning
zoning
Zoning Code | BU-2 (GENERAL BUSINESS) |
BU-2 (GENERAL BUSINESS) |
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8501 SW 124th Ave - Professional Arts Center At Kendall Village
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