Class A Office and Retail
143-8390 Sw 72nd Ave Miami, FL 33144
New
For Sale
$2,295,000
Class A office and retail space with arcade entrance and 60 feet of frontage along SW 72nd Avenue.
Property Size2,659 SF
Price / SF$863.11
Days on Market7
Property Features for 143-8390 Sw 72nd Ave
General Information
- Standard status
- Active
- Size
- 2,659 SF
Listing Agency:
BHHS EWM Realty
(305) 793-1572
Listed By:
Linda Guaida · License #3450525
(305) 793-1572
Source:
Exprealty
Added: Jul 17
Changed: Jul 22
Last Checked: Jul 22 at 7:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS EWM Realty
Investment Insights
Based on property information with market context.
This Class A office and retail property at the Colonnade features an arcade entrance and an open-concept first floor with 12-foot drop ceilings, a kitchen, and a bathroom. A mezzanine level with 9-foot drop ceilings provides direct access to a fully equipped multipurpose conference and event room with its own kitchen and bathrooms. The property also includes 9 deeded garage parking spaces and 17 visitor spaces.
The building offers premium amenities including 24-hour security, a lobby concierge, and access to a gym, pool, and multipurpose room. The location is in downtown Dadeland, with convenient access to the Metrorail and Dadeland Mall, as well as Miami International Airport and major thoroughfares.
The seller has indicated owner financing availability and is open to additional flexibility, including the possibility of selling a townhouse in the same building and considering structures such as lease-with-option-to-buy or lease-to-own.
The building offers premium amenities including 24-hour security, a lobby concierge, and access to a gym, pool, and multipurpose room. The location is in downtown Dadeland, with convenient access to the Metrorail and Dadeland Mall, as well as Miami International Airport and major thoroughfares.
The seller has indicated owner financing availability and is open to additional flexibility, including the possibility of selling a townhouse in the same building and considering structures such as lease-with-option-to-buy or lease-to-own.
Key Highlights
- 2,659 SF Class A office and retail space with arcade entrance off SW 72nd Avenue
- 60 feet of frontage along SW 72nd Avenue
- Open‑concept first floor with 12‑foot drop ceilings plus kitchen and bathroom
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $138.2k | $51.96 |
| − Vacancy | −$14.2k | −$5.35 |
| EGI | $123.9k | $46.61 |
| − OpEx | −$37.2k | −$13.98 |
| NOI | $86.8k | $32.63 |
2,659 SF · lease $51.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.24M
$1.08M – $1.45M
NOI $86,752 @ 7.0% cap · market cap 3.78%
Second Best
Office B
$1.09M
$953.5K – $1.27M
NOI $76,280 @ 7.0% cap · market cap 3.32%
Theoretical Best
Specialty Retail
$1.79M
$1.57M – $2.09M
NOI $125,639 @ 7.0% cap · market cap 5.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Class A office and retail space with arcade entrance and 60 feet of frontage along SW 72nd Avenue.
Where is this office units located?
The property is located at 143-8390 Sw 72nd Ave Miami, FL.
What is the asking price?
The asking price for this property is $2,295,000.
What are key features of this property?
This property features: 2,659 SF Class A office and retail space with arcade entrance off SW 72nd Avenue; 60 feet of frontage along SW 72nd Avenue; Open‑concept first floor with 12‑foot drop ceilings plus kitchen and bathroom
