305-773-7706
5040 NW 7th St, Miami, FL for Sale
Medical - FOR SALE
1/6
null | Request Cap Rate

5040 NW 7th St
Miami, FL 33126
Flagami


HIGHLIGHTS

  • Opportunity to Mark-to-Market in-place rents.
  • In the heart of a booming healthcare market.
  • Diversified tenancy.
  • Secure cash flow with medical tenancy.
  • Significant discount to replacement cost.

OVERVIEW

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer the opportunity to acquire the MiaMed Building, a premier medical outpatient building totaling 87,527 rentable square feet in Miami, Florida (the “Property”). The Property boasts 100% occupancy with a weighted average lease term (WALT) of 3.1 years, providing stable cash flow from a strong and diverse medical tenant base. Built in 1986 and enhanced with recent capital improvements, the asset offers significant value-add potential with an estimated 34.3% mark-to-market opportunity. Strategically positioned just south of Waterford at Blue Lagoon, the MiaMed Building benefits from nearby development of medical outpatient facilities and close proximity to strong demographics, serving the robust demand from South Florida’s expanding healthcare market. This combination of full occupancy, quality medical tenancy, substantial mark-to-market upside, and strategic Miami location positions the MiaMed Building as an exceptional investment opportunity in one of the nation’s most dynamic healthcare markets. The acquisition offers investors immediate stable cash flow with meaningful value creation potential through capturing mark-to-market opportunities, office space to medical conversion, and additional signage income.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mia Med Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

9

BUILDING CLASS

A

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

T6-8-O, 6100

APN/PARCEL ID

01-4106-127-0010

ASK ABOUT THIS PROPERTY

Ike OjalaJLLMore Info
305-773-7706

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Ike OjalaJLLMore Info
305-773-7706

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