12030 SW 129th Ct, Miami FL 33186

12030 129th Ct, Miami, FL, 33186
$6,300,000

Basics

Date added Added 2 months ago Category Type Status
Lot size, sq ft 42000 sq ft Year built 2009 ListOfficeName Fausto Commercial Realty Consultants Inc ListAOR Miami Association of REALTORS®
MLS ID A11535862

Description

  • Description:

    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

  • CountyOrParish: Miami-Dade County

Building Details

  • NewConstructionYN: No

Amenities & Features

  • Waterfront available: No
  • GarageYN: No
  • AttachedGarageYN: No
  • CoolingYN: No
  • PoolPrivateYN: No
  • FireplaceYN: No

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This style property is located in Miami is currently and has been listed on Igor Presman Commercial Real Estate. This property is listed at $6,300,000. It has bedrooms, bathrooms, and is . The property was built in 2009 year.

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