Investment Overview

Marcus & Millichap is pleased to exclusively present for sale this net-leased Conviva Care Center, located at 12615–12625 W Dixie Highway in North Miami, Florida. Ideally positioned in the heart of Northeast Miami-Dade County, the property benefits from close proximity to Downtown Miami, Miami Beach, Aventura, Bal Harbour, Sunny Isles Beach, and numerous other affluent and densely populated South Florida communities. The asset consists of two freestanding medical office buildings totaling 11,463 square feet and is situated on a 0.73-acre parcel with ample on-site parking and prominent frontage along W Dixie Highway. The property is fully occupied by Conviva Care Center, a subsidiary of Humana Inc., one of the nation’s largest healthcare and insurance providers. The tenant executed a 10-year lease commencing April 1, 2021, with an initial term extending through March 31, 2031 and features 2.5% annual rental increases throughout the initial term and both five-year renewal options. The location serves as a mission-critical healthcare facility for the surrounding community and offers investors the opportunity to acquire a strategically located medical asset backed by a publicly traded healthcare company in one of South Florida’s most densely populated and supply-constrained markets