6030 SW 40th St Miami, FL 33155 United States

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Mon-Friday, 9am-6pm Closed Saturdays and Sundays

Property Description

***CONFIDENTIAL OFFERING- SITE ADDRESS/FULL DISCLOSURES FOR QUALIFIED PROSPECTS ONLY*

26.853 SF office building- 3 floors + 36 parking (covered + outdoor)- renovated 2018-2020 | 18,600 SF lot
88% leased- financials available for qualified/serious prospects only
Just 3 blocks from Coconut Grove, minutes to Coral Gables, Brickell & transit.
Value add- Redevelopment up to 5 stories & 62,801 SF (T5-O zoning) + bonus
TOD parking reduction up to 50% applies.

Occupy 3rd floor corner suite 304)- MASSIVE 35-40% upside in existing rents (market is $35-40 NNN) vs existing low $20s MG leased during pandemic and coming on renewals in 2024)

Add 2 floors to existing or (B) 62K buildable SF & floors T5-O

Optional stock sale for qualified prospects.

Address Map
FL
Miami-Dade County
Miami
33133
Leased 27th Ave Grove Central TOD
0
W81° 45' 38.1''
N25° 44' 26.5''
Additional Information
108
: Sale
: Free Standing

Commercial Sale For Sale

Leased 27th Ave Grove Central TOD, Miami, Florida 33133

18,000 Acre
$5,650,000
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Price : $5,650,000
Lot Area : 18,000 Acre
Status : Active
Building Area : 27,000 Sqft
Property SubType : Office
Agent info
Patricia Calvet
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