This Property is no longer advertised on Showcase.com.
Off Market
1/2

15165 NW 77th Ave
Miami Lakes, FL 33014


HIGHLIGHTS

  • 76 parking spaces, 4.2 parking spaces / 1,000 SF of RBA
  • 169,000 Vehicles Per Day According to FDOT
  • 7,910 SF available for owner occupancy with an additional 5,152 SF due to expire in 2020.

OVERVIEW

This property is under contract. For all information and/or showings please call Carlos Ruiz, 305-216-4397, cruiz@rcpfl.com. Real Capital Partners is pleased to present "The White House" a 21,054 Gross Building Area located in Miami Lakes. We are offering a 2.5% buy side cooperating broker fee. This building front the 826 Palmetto Expressway immediately east of the Miami Lakes Dr., 152nd St exit. The exterior and interior of the building has a theme based on the official residence and workplace of our president. The building current has 76 parking spaces, 3.6 parking spaces / 1,000 SF of Gross Building Area. The building also has 18,122 SF of rentable building area, 4.2 parking spaces / 1,000 SF of Rentable Building Area. This building is being positioned to an owner user looking to immediately occupy 7,910 SF and continue to grow into space as an additional 5,152 SF is set to expire in 2020. The Township of Miami Lakes allows for 100% Medical Office Use. Buyer may use a portion of the building and cash flow the remaining portion to cover operating expenses and mortgage payments if applicable. SBA will be willing to finance 90% to loan to value at a blended 5.44% interest rate. $784,429 cash to close get's you into this building with $33,925.47 in monthly mortgage payments. The Florida Department of Transportation reports 169,000 Vehicles Per Day. This property is ideally suited for commercial exposure and visibility. This building has 2 floors. Each Floor has it's separate common area bathrooms. This building has a 18,122 SF of Rentable Building Area and 21,054 SF of Gross Building Area. Right now we have 2,130 SF of MTM tenancy and 5,780 SF of vacancy. An interested party may occupy a combined 7,910 SF. Right now 10,212 SF are occupied. Of this Square footage 5,152 SF expire in 2020, 1,564 SF expire in 2021, and 3,496 SF expire in 2022.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

The White House

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

19828

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

81

LAND DETAILS

LAND ACRES

1.2 AC AC

LAND SF

52,272 SF

ZONING

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APN/PARCEL ID

32-2023-023-0020