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10250 SW 56th St
Miami, FL 33165 Sunset/Westchester

$7,100,000 USD

Office For Sale  •  28,581 SF

Property Details

  • Property Type Office
  • Total Building Size 28,581 SF
  • Lot Size 1.19 AC
  • Building Class C
  • Year Built 1990
  • Tenancy Multiple
  • Zoning 6900
30 Transit Score
70 Walk Score

Highlights

Building mostly occupied with medical tenants with a long history of tenancy.
With an occupancy rate of 94.32%, the property benefits from a diverse tenant mix, ensuring stable cash flow.
The property offers 21 suites with varying sizes, catering to both small businesses and larger corporate tenants.
The property provides a current Cap Rate of 5.57%, with potential for an increase to 6.14%, offering solid returns for investors.
Built in 1990 and consistently well-maintained, Parkwood Office Plaza is in strong condition, minimizing immediate capital expenditure.
The property is located near prominent business centers, enhancing its appeal and long-term value.

Amenities

  • 24 Hour Access

Public Transportation

Commuter RailDriveWalkDistance
Dadeland North (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 10 min - 5.2 mi
Dadeland South (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 10 min - 5.4 mi
AirportDriveWalkDistance
Miami International 21 min - 10.5 mi
Fort Lauderdale/Hollywood International 51 min - 37.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 69
Type: Surface
Included in Rent: Yes
Alex Zylberglait 305-345-7776 Marcus & Millichap
Alex Zylberglait 305-345-7776 Marcus & Millichap