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Placeholder Property 2-Medical

8825 NW 21st TFR, Doral, 33172, FL
For Sale

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Property Highlights

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Property Details

  • Price: $256/NNN
  • Year Built: 1982
  • Availability: Available
  • Cross Streets: 2908 W Azeele St
  • Transaction Type: For Sale
  • Cap Rate: 5%
  • Property Type: Medical
  • Building Size: 58,998 SF
  • Lot Size: 1.41 AC
  • Property Sub Type: Office
  • Sale Type: Investment
  • Lease Type: NNN
  • Lease Term: 5 years
  • Building Class: C
  • No. Stories: 1
  • Parking: 10/1,000
  • Zoning Description: RS
  • APN/Parcel ID: 1829223MUD00000000031A
  • Available SF: 1,230 SF
  • County: Hillsborough
  • Heating: Central

Property Description

Carlos Ruiz and Otto Travieso of Real Capital Partners are proud to present the Doral Medical Arts Center. The offering allows for up to 20,420 SF build to suit medical office. The minimum divisible square footage offered is 2,565 SF. All units will have private bathrooms. The building will have absolutely no interior common area space which benefits the tenant by reducing expense reimbursements.

The property offers 108 parking spaces, 5.3 parking spaces per 1,000 SF of rentable building area. The parking ratio exceeds any medical office parking requirement. The property has a backup generator to ensure power during a worst case scenario. This property is strategically located in the City of Doral. It is located on 21st Ter, just 600 ft from NW 87th Ave, 1.1 miles from the (SR 836) exit NW 87th Ave, 1.5 miles from the (SR 826) exit NW 25th St, and 1.3 miles from the Jackson West Hospital.

Jackson West Hospital is currently developing a 275,000 SF facility which will include primary and specialty children’s clinic, an adult specialty clinic, imaging/diagnotistics, an emergency department and a children’s ambulatory  pavillion. The campus will provide immediate access to medical care to more than 585,000 residents who live within five miles. Jackson claims this area is one of Miami-Dade County’s most underserved areas for medical health care. Doral is experiencing rapid population growth. According to the US Census data, Doral is the fastest growing city in Florida and the 11th fastest in the country. This rising city has become a hotspot for international buyers, multinational corporations, and high end real estate development projects. Notable developers such as Codina Partners, The Related Group, Terra Group, Shoma Homes, Lennar, and CC homes all currently have residential mixed use projects in Doral.

Tenant Information

Tenant SF Occupied Lease End Date
A+ Storage Units 23,760 10/01/2024
Dollar General 18,550 12/01/2023
CVS Pharmacy 12,550 10/01/2024
Home Depot 13,450 01/01/2025

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Property Amenities

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Nearest Airport

McAllen Miller International Airport
Drive Time: 15 min
Distance: 9.7 mi

Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %
  • Space
  • Space Available
  • Lease Rate
  • Sale Price
  • Space Type
  • Available
  • Space: First Space
  • Space Available: 800 SF
  • Lease Rate: Call for Pricing
  • Sale Price: Call
  • Space Type: suite
  • Available: February 2023

Space Details

  • Space Available 800 SF
  • Lease Rate Call for Pricing
  • Sale Price Call
  • Space Type suite
  • Available February 2023

Space Description

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  • Space: Second Space
  • Space Available: 950 SF
  • Lease Rate: Call
  • Sale Price:
  • Space Type: Suite
  • Available: March 2023

Space Details

  • Space Available 950 SF
  • Lease Rate Call
  • Space Type Suite
  • Available March 2023

Space Description

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Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00

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