12030 SW 129th Ct , Miami, FL 33186

Office, Sq.Ft.

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.

Listing Summary

City: Miami
Zip: 33186
Price: $6,300,000
County: Miami-Dade County
Subdivision:
Complex:
Virtual Tour: n/a

Property Type: Commercial Sale
Status: Active
Property Type Description: Office
Square Feet:
Year Built: 2009
Taxes: $42,635
Foreclosure:
Short Sale:
MLS® #: A11535862

School Information

Elementary School	Middle School	High School

Additional Features

Waterfront: No
Waterfront Description:
View:
Style:
Pets Allowed?: No
Pet Restrictions:

Flooring:
Furnished:
Construction:
Parking:

Interior Features:
Amenities:

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Comments

The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A11535862) is provided courtesy of (Fausto Commercial Realty Consultants Inc). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated on 04-29-2024. IDX powered by Realty Net Media

12030 SW 129th Ct , Miami, FL 33186

Office, Sq.Ft.

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