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Code: | 8211G22 | |||
City: | Coral Gables | |||
Retail Type: | ||||
Price: | $ 5,000,000 | |||
Cap. Rate: | ||||
Tenancy: | ||||
Retail Sq.Ft.: | 0 | |||
Lot. Area Sq. Ft.: | ||||
Parking: | 0 Street Parking | |||
Year: | 1964 | |||
350 Sevilla presents an excellent opportunity for an owner office user. Currently, 90% is occupied by multiple tenants. The Lease provides an early termination of rental contracts upon transfer of ownership if needed. 350 Sevilla allows an owner-user to occupy this one-of-a-kind Building for significantly less than they could lease on an annual basis. This Class B office building is currently configured as a multi-tenant office building with two floors. The Building has been exceptionally well-maintained and requires very minimal up-front expenditure. The landlord recently replaced the entire HVAC system and spent more than $150,000 renovating their second-floor spaces. | ||||
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