Furnished Office
For Sale
Contact for pricing
7875 NW 12th Street #318, Doral, FL 33126
Five enclosed work areas and a new conference room are included in this sublease.
Property Size80,116 SF
Price / SF$0.09
Days on Market16
Property Features for 7875 NW 12th Street #318
General Information
Standard status
Active
Size
80,116 SF
Property subtype
Office
Additional Details
Furnished
Yes
Highway Access
Yes
Amenities
conference room
refrigerator
Building Details
Year Built
1979
Listing Agency:
United Real Estate Miami
(305) 273-9000
Listed By:
Maria M Canarte · License #3130962
(305) 331-7518
Source:
Lehmannflorida
Added: Oct 6
Changed: Oct 21
Last Checked: Oct 21 at 2:29AM
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 United Real Estate Miami
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Investment Insights
Based on property information with market context.
This furnished office suite is offered for sublease with five enclosed private offices. The space also includes a newly installed conference room and refrigerator, providing a defined office layout with meeting space and an on-site appliance.
The property is in Doral, with access to SR-836, Florida’s Turnpike, and Miami International Airport.
The property is in Doral, with access to SR-836, Florida’s Turnpike, and Miami International Airport.
Key Highlights
- Five enclosed private offices
- New conference room
- New refrigerator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,123,475
Suggested Prices Based on Cap Rates
Cap Rate 5%
$42,469,500
$42.5M
Cap Rate 7%
$30,335,357
$30.3M
Cap Rate 9%
$23,594,167
$23.6M
Market Conditions
NOI Build-Up for 80,116 SF
Gross rent
$3.65M $45.60/SF
− Vacancy
−$822.0K −$10.26/SF
EGI
$2.83M $35.34/SF
− OpEx
−$707.8K −$8.84/SF
NOI
$2.12M $26.51/SF
Area
Miami-Dade County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$42,469,500
Cap Rate 7%
$30,335,357
Cap Rate 9%
$23,594,167
Alternative Uses
Best Use
Office B
$30.34M
$26.54M – $35.39M
NOI $2,123,475 @ 7.0% cap · market cap 28,313.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$40.65M
$35.57M – $47.42M
NOI $2,845,236 @ 7.0% cap · market cap 37,936.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,046
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Five enclosed work areas and a new conference room are included in this sublease.
Where is this office unit located?
The property is located at 7875 NW 12th Street #318 Doral, FL.
What are key features of this property?
This property features: Five enclosed private offices; New conference room; New refrigerator
