Flex Space with
For Sale
$2,550,000
7620 NW 25th St Unit 5, Miami, FL 33122
Office-forward configuration includes dock-high and ramp access for shipping and receiving operations.
Property Size6,194 SF
Price / SF$411.69
Days on Market18
Property Features for 7620 NW 25th St Unit 5
General Information
Standard status
Active
Size
6,194 SF
Additional Details
Clear Height
24 ft
Amenities
dock-high and ramp loading
double rear loading door
spacious loading court
Building Details
Year Built
1995
Building Size
6,194 SF
Tenancy
Single
Listing Agency:
Brickell Realty Group, LLC
Listed By:
Andreina Goncalves, Andreina B Faleni
Source:
Chenoregroup
Added: Aug 13
Changed: Aug 29
Last Checked: Aug 25 at 4:17AM
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 Brickell Realty Group, LLC
Investment Insights
Based on property information with market context.
Built in 1995, this 6,194-square-foot flex property is configured primarily with multiple office areas and is currently leased to a television broadcasting company. The interior can be reworked to create more warehouse space, supporting distribution, logistics, or manufacturing uses. The property may also be delivered vacant at closing.
Operational features include 24-foot clear ceiling heights, dock-high and ramp loading, and a double rear loading door. Ample unassigned parking and a spacious loading court provide additional support for daily commercial activity. The property is located in Miami-Dade’s active industrial corridor at 7620 NW 25th Street, Unit 5, Miami, Florida 33122.
Operational features include 24-foot clear ceiling heights, dock-high and ramp loading, and a double rear loading door. Ample unassigned parking and a spacious loading court provide additional support for daily commercial activity. The property is located in Miami-Dade’s active industrial corridor at 7620 NW 25th Street, Unit 5, Miami, Florida 33122.
Key Highlights
- 6,194 SF flex property with an office‑heavy existing layout
- Currently leased to a television broadcasting company
- Interior can be reconfigured to add warehouse area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$177,690
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.97%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,553,800
$3.6M
Cap Rate 7%
$2,538,429
$2.5M
Cap Rate 9%
$1,974,333
$2.0M
Market Conditions
NOI Build-Up for 6,194 SF
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.
Gross rent
$278.7K $45.00/SF
− Vacancy
−$41.8K −$6.75/SF
EGI
$236.9K $38.25/SF
− OpEx
−$59.2K −$9.56/SF
NOI
$177.7K $28.69/SF
Area
Miami, FL
Vacancy
15.00%
Lease Rate
$45.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,553,800
Cap Rate 7%
$2,538,429
Cap Rate 9%
$1,974,333
Alternative Uses
Best Use
Office B
$2.54M
$2.22M – $2.96M
NOI $177,690 @ 7.0% cap · market cap 6.97%
Second Best
Warehouse
$1.44M
$1.26M – $1.68M
NOI $101,046 @ 7.0% cap · market cap 3.96%
Theoretical Best
Specialty Retail
$4.18M
$3.66M – $4.88M
NOI $292,669 @ 7.0% cap · market cap 11.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
24 ft
Clear height
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,394
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33122, FL
2,126
Population
901
Households
2.4
Avg Household Size
35
Median Age
62%
College-Educated
85%
High-School Grad
2.4 sq mi
ZIP Area
886
Density / Sq Mi
$83,152
Median Household Income
$50,984
Median Earnings
$2,437
Median Rent
$1,284,700
Median Home Value
Market
Vacancy Rate% for Office in Miami, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Office-forward configuration includes dock-high and ramp access for shipping and receiving operations.
Where is this flex space located?
The property is located at 7620 NW 25th St Unit 5 Miami, FL.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: 6,194 SF flex property with an office‑heavy existing layout; Currently leased to a television broadcasting company; Interior can be reconfigured to add warehouse area
