Office Space with High Clear
For Sale
Contact for pricing
7620 W 2nd Ct, Hialeah, FL 33014
Flexible office space with an option to split into smaller suites and 18-foot clear height.
Property Size36,326 SF
Price / SF$225.73
Days on Market86
Property Features for 7620 W 2nd Ct
General Information
Standard status
Active
Size
36,326 SF
Property subtype
INDUSTRIAL
Listing Agency:
The Hype Real Estate Group
(305) 303-3837
Listed By:
Pablo Vignolo · License #A11941382
(305) 303-3837
Source:
Moodyscre
Added: May 11
Changed: Jul 29
Last Checked: Jul 29 at 4:39PM
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 The Hype Real Estate Group
Investment Insights
Based on property information with market context.
This offering includes a 3,000 SF office space designed for office users that value ceiling height for exposed finishes, storage, and overhead flexibility. The space also offers an option to split into approximately 16K SF or 20K SF to support different tenant footprints.
In addition, the available clear height is 18 feet, supporting a wide range of office layouts and interior planning. The overall property size is listed at 36,326 SF.
In addition, the available clear height is 18 feet, supporting a wide range of office layouts and interior planning. The overall property size is listed at 36,326 SF.
Key Highlights
- 3,000 SF office space
- Option to split to approximately 16K SF or 20K SF
- 18' clear height
Financial Insights For Office B
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 | $1.20M | $33.00 |
| − Vacancy | −$263.7k | −$7.26 |
| EGI | $935.0k | $25.74 |
| − OpEx | −$233.8k | −$6.44 |
| NOI | $701.3k | $19.31 |
36,326 SF · lease $33.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$10.02M
$8.77M – $11.69M
NOI $701,273 @ 7.0% cap · market cap 8.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$14.30M
$12.51M – $16.68M
NOI $1,000,854 @ 7.0% cap · market cap 12.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
582
Businesses Nearby
Explore this area
Business Placement
Demographics for 33014, FL
40,261
Population
15,319
Households
2.6
Avg Household Size
43
Median Age
29%
College-Educated
84%
High-School Grad
6.5 sq mi
ZIP Area
6,194
Density / Sq Mi
$74,934
Median Household Income
$40,003
Median Earnings
$1,720
Median Rent
$398,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Flexible office space with an option to split into smaller suites and 18-foot clear height.
Where is this office units located?
The property is located at 7620 W 2nd Ct Hialeah, FL.
What is the asking price?
The asking price for this property is $8,200,000.
What are key features of this property?
This property features: 3,000 SF office space; Option to split to approximately 16K SF or 20K SF; 18' clear height
