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• MLS® #: A11535862
• 12030 Sw 129th Ct
• Miami, FL 33186-4583
• $6,300,000
• Business

Kendall Market 25,642 sf Freestanding 2009-Built Suburban Office Building with Significant Upside on Rents or Available for an Owner-User. Currently housing 19 units, all leased but retained on month-to-month leases for ease of re-tenanting or vacating. Currently generating $185k per year but Pro-Forma rents would easily take this to $611k NOI per year for a nearly 10% cap at asking price. Site is on 42k sf lot, with plenty of parking, and in a thriving, very clean and very economically vital corner of Kendall. Modern trends have pushed new-forming families to the suburbs in large numbers, and as such suburban office markets are finding incredible vitality as opposed to more urban product. Because of this, tenancy is only growing in strength and should continue that way.

Facts About Miami, FL

Each winter during Carnaval Miami, salsa tunes blare and the smell of spicy chorizo fills the air on Calle Ocho, the commercial thoroughfare and heart of Miami's Little Havana. The roaring street festival, which culminates in the world's longest conga line, is the last of 10 events comprising the Latin-spiked Carnaval.