Office For Sale • 28,581 SF
| 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. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 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 |
| Airport | Drive | Walk | Distance |
| Miami International | 21 min | - | 10.5 mi |
| Fort Lauderdale/Hollywood International | 51 min | - | 37.7 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 69 |
| Type: | Surface |
| Included in Rent: | Yes |