Office

Chicago Financial Building

16201 SW 95th Ave, Miami, FL 33157

Listing Price: $4,200,000

Cap Rate
5.11%
Gross SF
26,859
Rentable SF
26,859
Price/Gross SF
$156.37
Lot Size
0.76 acres
Year Built
1984

Investment Overview

Marcus & Millichap is proud to present Chicago Financial Building, a three-story office building located in Miami, Florida. The Chicago Financial Building is situated on a .76-acre parcel (33,105 square feet) and offers approximately 26,859 square feet of rentable square feet. The subject property is 96.6 percent occupied. This opportunity is equip with spacious office units and is ideal for owner-users with excellent upside in leasing. The building has been maintained well and currently has a mix of medical and professional tenants.
The Chicago Financial Building is located just west of busy US-1, with a high traffic count of 66,000 vehicles per day (VPD). The property is located on 95th avenue which runs parallel with US-1. The building is located approximately 1.5 miles away from the Ronald Reagan turnpike and has immediate access to US-1.
The subject property has a parking ratio of 4 per 1,000 square feet of building space. The property has excellent visibility and can easily be seen from US-1. The building has high signage capabilities providing excellent opportunity to increase value. This property is positioned well and is strongly sought after by both investors and users alike.

Investment Highlights

  • Excellent Signage Opportunities
  • Healthy Parking Ratio of 4: 1,000
  • Great Exposure With Excellent Visibility
  • Ample On-Site Parking
  • Short Term Leases With Tremendous Upside in Rental Growth
  • Located Just Off South Dixie Highway, Which Has Traffic Counts of Over 66,000

Exclusively Listed By

Listing Price: $4,200,000

Cap Rate
5.11%
Gross SF
26,859
Rentable SF
26,859
Price/Gross SF
$156.37
Lot Size
0.76 acres
Year Built
1984

Investment Highlights

  • Excellent Signage Opportunities
  • Healthy Parking Ratio of 4: 1,000
  • Great Exposure With Excellent Visibility
  • Ample On-Site Parking
  • Short Term Leases With Tremendous Upside in Rental Growth
  • Located Just Off South Dixie Highway, Which Has Traffic Counts of Over 66,000

Investment Overview

Marcus & Millichap is proud to present Chicago Financial Building, a three-story office building located in Miami, Florida. The Chicago Financial Building is situated on a .76-acre parcel (33,105 square feet) and offers approximately 26,859 square feet of rentable square feet. The subject property is 96.6 percent occupied. This opportunity is equip with spacious office units and is ideal for owner-users with excellent upside in leasing. The building has been maintained well and currently has a mix of medical and professional tenants.
The Chicago Financial Building is located just west of busy US-1, with a high traffic count of 66,000 vehicles per day (VPD). The property is located on 95th avenue which runs parallel with US-1. The building is located approximately 1.5 miles away from the Ronald Reagan turnpike and has immediate access to US-1.
The subject property has a parking ratio of 4 per 1,000 square feet of building space. The property has excellent visibility and can easily be seen from US-1. The building has high signage capabilities providing excellent opportunity to increase value. This property is positioned well and is strongly sought after by both investors and users alike.

Exclusively Listed By

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