Office
Parkwood Office Plaza
10250 SW 56th St, Miami, FL 33165
Listing Price: $7,100,000
Investment Overview
Marcus & Millichap is proud to present Parkwood Office Plaza, a premier office
building located at 10250 Southwest 56th Street, Miami, FL. This property offers
28,581 SF of office space, with 21 suites available for lease, catering to a range of
tenants. The building is well-suited for small businesses or large corporate tenants,
with flexible spaces designed for a modern working environment.
Strategically located in a desirable area of Miami, the property benefits from excellent
accessibility and visibility. It is situated near key amenities such as Broward Mall and
Westside Regional Medical Center, making it an attractive location for businesses. The
building is also conveniently located with access to major transportation routes,
enhancing its appeal to tenants and ensuring easy connectivity to the greater Miami
area.
With an occupancy rate of 94.32% and a stable income stream, Parkwood Office Plaza
is a solid investment opportunity. The property’s projected Cap Rate of 5.57%, with
potential increases, ensures a strong return on investment. Its current and pro forma
financials indicate steady cash flow and long-term profitability, making it a prime asset
for investors seeking consistent income and growth in a growing market.
Parkwood Office Plaza
Investment Highlights
- Parkwood Office Plaza is strategically located in Miami, offering excellent visibility and access to major transportation routes and key regional amenities.
- With an occupancy rate of 94.32%, the property benefits from a diverse tenant mix, ensuring stable cash flow.
- The property offers 21 suites with varying sizes, catering to both small businesses and larger corporate tenants.
- The property provides a current Cap Rate of 5.57%, with potential for an increase to 6.14%, offering solid returns for investors.
- Built in 1990 and consistently well-maintained, Parkwood Office Plaza is in strong condition, minimizing immediate capital expenditure.
- The property is located near prominent business centers, enhancing its appeal and long-term value.
- Parkwood Office Plaza offers both immediate income stability and longterm growth potential, making it an ideal choice for investors seeking both consistent cash flow and future appreciation.
Exclusively Listed By
Financing By
Listing Price: $7,100,000
Investment Highlights
- Parkwood Office Plaza is strategically located in Miami, offering excellent visibility and access to major transportation routes and key regional amenities.
- With an occupancy rate of 94.32%, the property benefits from a diverse tenant mix, ensuring stable cash flow.
- The property offers 21 suites with varying sizes, catering to both small businesses and larger corporate tenants.
- The property provides a current Cap Rate of 5.57%, with potential for an increase to 6.14%, offering solid returns for investors.
- Built in 1990 and consistently well-maintained, Parkwood Office Plaza is in strong condition, minimizing immediate capital expenditure.
- The property is located near prominent business centers, enhancing its appeal and long-term value.
- Parkwood Office Plaza offers both immediate income stability and longterm growth potential, making it an ideal choice for investors seeking both consistent cash flow and future appreciation.
Investment Overview
Marcus & Millichap is proud to present Parkwood Office Plaza, a premier office building located at 10250 Southwest 56th Street, Miami, FL. This property offers 28,581 SF of office space, with 21 suites available for lease, catering to a range of tenants. The building is well-suited for small businesses or large corporate tenants, with flexible spaces designed for a modern working environment. Strategically located in a desirable area of Miami, the property benefits from excellent accessibility and visibility. It is situated near key amenities such as Broward Mall and Westside Regional Medical Center, making it an attractive location for businesses. The building is also conveniently located with access to major transportation routes, enhancing its appeal to tenants and ensuring easy connectivity to the greater Miami area. With an occupancy rate of 94.32% and a stable income stream, Parkwood Office Plaza is a solid investment opportunity. The property’s projected Cap Rate of 5.57%, with potential increases, ensures a strong return on investment. Its current and pro forma financials indicate steady cash flow and long-term profitability, making it a prime asset for investors seeking consistent income and growth in a growing market.
Exclusively Listed By
Financing By
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