152 Ne 167th St - Medical FOR SALE


Miami, FL 33162- Biscayne Gardens East
$8,450,000 USD
305-399-9283
152 Ne 167th St, Miami, FL for Sale
$8,450,000 USD
Medical - FOR SALE
1/32
null | Request Cap Rate

152 Ne 167th St
Miami, FL 33162
Biscayne Gardens East


HIGHLIGHTS

  • Super high-exposure and high-traffic location off Golden Glades Interchange (60,000 AADT)
  • Meticulously maintained w/ up-scale finishes
  • Flexibility for end-user to occupy over 50% of building, or maximize cash-flow
  • Over 70 parking spaces
  • Large +/- 1-Acre footprint for future re-development

OVERVIEW

The Alpha Commercial Advisors is proud to offer a rare five-story office acquisition opportunity located on the sought-after and super high-traffic NE 163rd/167th Street commercial corridor of North Miami Beach. Situated mere blocks from the Golden Glades Interchange, the location is extremely accessible and offers unmatched exposure to traffic heading East to Aventura. Currently 45% occupied, the asset offers both immediate stable income and flexibility as a turn-key solution for an end-user headquarters location or investor seeking to maximize cash-flow as a long-term covered land play. Meticulously-maintained with upscale finishes, polished decor, plentiful parking, and diversified spaces which include a mix of both medical & executive office build-outs, street-level exterior access units, plus unique features like private terraces throughout, the asset offers tons of upside for strategic repositioning without substantial capX.

FOR SALE DETAILS

PRICE

$8,450,000 USD

PRICE/SF

$345 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Telecom Hotel/Data Hosting

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

76

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

BU-2 /BU-3

APN/PARCEL ID

30-2113-007-3790,30-2113-007-3890,30-2113-007-3920

ASK ABOUT THIS PROPERTY

Elina StolyarThe Alpha CommercialMore Info
305-399-9283

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Elina StolyarThe Alpha CommercialMore Info
305-399-9283

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.