Listing Agency: Aterra Real Estate Partners, LLC c***@aterrarep.com Show Phone

Listed By: Carissa Barzana · License #3602968 Show Phone

Source: Exprealty

Added: Jul 21, 2023 Changed: Aug 8 Last Checked: Aug 12 at 1:03PM

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Investment Insights

Based on property information with market context.

This professional office building is situated in a favorable location facing NW 72 Avenue. The well-maintained building provides ample parking. Spaces available range from 500 square feet to 800 square feet.

Key Highlights

• Great Location facing NW 72 Avenue
• Professional Office Building
• Ample Parking available

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Daycare Center Bar & Pub Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$3.45 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,874

Businesses Nearby

Explore this area Business Placement

Demographics for 33126, FL

48,751

Population

19,725

Households

2.5

Avg Household Size

44

Median Age

28%

College-Educated

77%

High-School Grad

5.4 sq mi

ZIP Area

9,028

Density / Sq Mi

$55,722

Median Household Income

$32,607

Median Earnings

$1,651

Median Rent

$299,800

Median Home Value

Market

Lease Benchmarks for Miami, FL

$43.41 /SF/Yr

Avg Asking Price

$0.98–$95 /SF/Yr

Price Range

26,753 SF

Avg Space Size

This space is priced 47% below the average of $43.41 /SF/Yr.

Vacancy Rate% for Office in Miami, FL

12.4% 2019

16.3% 2020

17% 2021

16.1% 2022

15% 2023

16.1% 2024

15.2% 2025

Questions? Ask Rey

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What type of property is this? Where is this office buildings located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - Well-maintained office building with ample parking and spaces available.

Where is this office building located?

The property is located at 202-4995 Nw 72nd Ave Miami, FL.

What is the lease rate?

The lease rate is $23 SF/Yr.

What are key features of this property?

This property features: Great Location facing NW 72 Avenue; Professional Office Building; Ample Parking available