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12030 SW 129th Ct, Miami FL 33186

Commercial For Sale
$6,300,000

BTC: 62.06896552

ETH: 1,774.64788732

303 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

Kendall Market 25,642 sf Freestanding 2009-Built Suburban Office Building with Significant Upside on Rents or Available for an Owner-User. Currently housing 19 units, all leased but retained on month-to-month leases for ease of re-tenanting or vacating. Currently generating $185k per year but Pro-Forma rents would easily take this to $611k NOI per year for a nearly 10% cap at asking price. Site is on 42k sf lot, with plenty of parking, and in a thriving, very clean and very economically vital corner of Kendall. Modern trends have pushed new-forming families to the suburbs in large numbers, and as such suburban office markets are finding incredible vitality as opposed to more urban product. Because of this, tenancy is only growing in strength and should continue that way.

Location

Florida • Miami • 33186 • Commercial • For Sale

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
2009
Lot:
42000 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features

  • Lot

    • Lot: 42000 Square Feet

    Other Property Information

    • Parcel Number: 30-59-14-116-0010

    • Zoning: 7700

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Office

  • Other financial information

    • Annual tax amount: $42,635

  • Source details

    • MLS ID: A11535862

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Fausto Commercial Realty Consultants Inc