UniFirst Professional Bldg | 8353 SW 124th St
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UniFirst Professional Bldg 8353 SW 124th St
20,209 SF 100% Leased Office Building Miami, FL 33156 £5,085,925 (£252/SF) 7.10% Net Initial Yield
Investment Highlights
- Strategic Location On US 1
- Ample On-Site Parking
- Strong Tenant Demand
- Adjacent to Pinecrest
- Ideally Suited For Small Businesses
Executive Summary
Marcus & Millichap is proud to present for sale UniFirst Professional Building; located at 8353 SW 124th St Miami, FL 33156. This property offers investors a rare opportunity to acquire a reliable, income producing office asset for a strategic base of operations, this property is a versatile and profitable investment with an established tenant base and strong appreciation potential.
The UniFirst Professional Building is situated just north of the intersection of South Dixie Highway (US1) and SW 124th Street. The property is home to approximately 24 professional offices. Over 80% of the building’s tenant base consists of medical professionals, making this an ideal opportunity for those looking to attract or cater to healthcare providers.
The UniFirst Professional Building offers an unparalleled opportunity for both investors and owner-users. With a prime location in the Kendall submarket, a high occupancy rate, and a tenant base predominantly in the medical field, this property provides immediate income with long-term stability.
The UniFirst Professional Building stands out as a premium opportunity in South Florida’s competitive real estate market.
The UniFirst Professional Building is situated just north of the intersection of South Dixie Highway (US1) and SW 124th Street. The property is home to approximately 24 professional offices. Over 80% of the building’s tenant base consists of medical professionals, making this an ideal opportunity for those looking to attract or cater to healthcare providers.
The UniFirst Professional Building offers an unparalleled opportunity for both investors and owner-users. With a prime location in the Kendall submarket, a high occupancy rate, and a tenant base predominantly in the medical field, this property provides immediate income with long-term stability.
The UniFirst Professional Building stands out as a premium opportunity in South Florida’s competitive real estate market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
20,209 SF
Building Class
B
Year Built/Renovated
1971/2022
Price
£5,085,925
Price Per SF
£252
Net Initial Yield
7.10%
NOI
£361,038
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
10,105 SF
Building FAR
0.76
Lot Size
0.61 AC
Zoning
RU-5A
Parking
73 Spaces (3.61 Spaces per 1,000 SF Leased)
Amenities
- Bus Route
- Air Conditioning
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Walk Score ®
Very Walkable (74)
Bike Score ®
Very Bikeable (76)
PROPERTY TAXES
| Parcel Number | 30-5015-036-0010 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £3,488,827 |
PROPERTY TAXES
Parcel Number
30-5015-036-0010
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£3,488,827
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UniFirst Professional Bldg | 8353 SW 124th St
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