Published on: Thursday, August 8, 2024
Updated on: Thursday, August 8, 2024
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About the Lister
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Name: Vicente Rodriguez
Company: Fausto Commercial
Office Phone: 305-431-2258
Cell Phone: 305-510-6627
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  Executive Freestanding Office Building
12030 SW 129th Ct Kendall Florida , 33186
12030 SW 129th Ct Kendall Florida                                                                                             , 33186 Fausto Commercial
Listing ID: CL-Florida-11239

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-Florida-11239
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 2009
Building Size: 25,642 SqFt
Lot Size: 42,000 SqFt.
No of Stories: 2
No of Parking: 40
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
Kendall Market 25,642 sf Freestanding 2009-Built Suburban Office Building with Significant Upside on Rents or Available for an Owner-User.
Complete Details
Year Build: 2009
Building Size: 25,642 SqFt.
No of Stories: 2
Total Lot Area: 42000 SqFt.
No of Parking: 40
No of Total Units: N/A
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: B
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
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.
Additional Properties
Property Highlights
  • 26,000 sqft Class B Office Building in Kendall
  • Can remain Subdivided or Unite for Owner User
  • Off of Kendall Drive, Highly Traveled
  • Ideal for Office or Medical
Listing Location
Attached Documents
  • Download | 12030 SW 129th CtVRCFMOM6.pdf ( 14,394.23KB)
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Category: Multifamily - Other
Status: Active
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Modified On: 8/8/2024
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Category: Retail - Free Standing
Status: Active
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Modified On: 8/8/2024
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Listing ID: CL-Florida-11236
Listing Type: Commercial
Category: Retail - Free Standing
Status: Active
Created On: 8/7/2024
Modified On: 8/7/2024
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Address: 281 Ne 78Th St , Miami Florida 33138
Listing ID: CL-Florida-11229
Listing Type: Commercial
Category: Multifamily - Co-op
Status: Active
Created On: 8/7/2024
Modified On: 8/7/2024
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