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Medical Office Sublet Space
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850 NW 42nd Ave, Miami, FL 33126

Medical office space available for immediate occupancy and may be configured as one unit or three private units.

Property Size50,000 SF
Days on Market13

Property Features for 850 NW 42nd Ave

General Information

Standard status Active
Size 50,000 SF
Property subtype OFFICE

Additional Details

Furnished Yes
Listing Agency: Douglas Elliman
Listed By: Domingos Carlos · License #3096057
Source: Moodyscre
Added: Jul 21 Changed: Jul 25 Last Checked: Aug 1 at 9:51AM

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 Douglas Elliman

Investment Insights

Based on property information with market context.

Medical office space is available for sublease and offers immediate occupancy. The space is described as nearly brand new and is configured to accommodate either one full unit or split into three separate private units. The suite is presented as pre-equipped with equipment and furniture, supporting medical office buildout needs.

The property is located at 850 NW 42nd Ave in Miami, and is noted to be only a few minutes from Miami International Airport. Hotels are also reported to be nearby, which may support patient hospitality needs for visitors traveling to the area.

As presented in the sublet offering, the space is intended for medical uses and flexible unit configuration to fit different operating requirements.

Key Highlights

  • Medical office space totaling 8,376 SF available for immediate occupancy
  • Can be configured as one full unit or split into 3 different private units
  • Space includes equipment and furniture

Property Analytics

Current Use

Quevedo Law, PLLC Law Firm Simone Pagliosa NanoHairs ... Hair Salon Forever Glow Beauty Spa & Massage Center Modern Med Centers Medical Clinic Power Finance Loan Service

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center Building Supply Parking Lot & Garage Daycare Center Acupuncture

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
$5.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,226
Businesses Nearby
Under-served
Demand for This Use

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

$34.42 /SF/Yr
Avg Asking Price
$1.2–$73.85 /SF/Yr
Price Range
6,690 SF
Avg Space Size

This space is priced 13% above the average of $34.42 /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
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office space available for immediate occupancy and may be configured as one unit or three private units.
Where is this medical office space located?
The property is located at 850 NW 42nd Ave Miami, FL.
What is the lease rate?
The lease rate is $39 SF/Yr.
What are key features of this property?
This property features: Medical office space totaling 8,376 SF available for immediate occupancy; Can be configured as one full unit or split into 3 different private units; Space includes equipment and furniture
(305) 301-4298 Call to check price and availability
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