For Sale
$5,900,000

8353 36Th StMiami, FL 33166

Prime Doral Medical Office Building, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 14,000 sq ft medical office building in Doral, FL, presents a lucrative investment opportunity. Built in 1978, the property is situated at 8353 NW 36th St, zip code 33166, and features two licensed surgery rooms, a reception area, recovery room, examination rooms, and multiple offices. Currently operating as a cosmetic surgery center, the property boasts a 10-year lease with a below-market rent of $16.00 per square foot, capped at $21.00. This provides immediate cash flow and significant upside potential. Adding to its versatility, a 6,000 sq ft air-conditioned warehouse is included, accessible from the rear. This space offers potential for expansion of the existing medical center, additional storage, or even independent lease for supplemental income. The property's location in the heart of Doral ensures high visibility and accessibility. The asking price for this exceptional investment is $5,900,000. This is a rare chance to acquire a well-established, high-performing medical facility with substantial growth potential in a thriving Miami-Dade County market. The property is zoned for medical and executive office use, offering flexibility for future tenants or expansion. The long-term lease provides financial stability and a strong foundation for a successful investment. Don't miss this opportunity to own a piece of Doral's thriving medical community.

Highlights

  • $5,900,000 asking price.
  • 14,000 SF medical office building in Doral, FL.
  • Building features two licensed surgery rooms, reception, recovery, exam rooms, and offices.
  • Includes a 6,000 SF air-conditioned warehouse.
  • 10-year lease in place at $16/SF, with a $21/SF cap.

Property Details for 8353 36Th St

Property type
Office properties, Medical offices
Year Built
1978

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.8235041
Longitude
-80.3101684
8353 36Th St, Miami, Florida

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8353 36Th St
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