USD 8,495,000

255 University Dr
Coral Gables, Florida 33134

For Sale

Property Description

255 University Drive is one block from the largest development in Coral Gables, The Plaza, a $660M dollar project, including a 5-Star Hotel, Condo Towers, Offices, Restaurants and Retail. 255 University Drive is completely modernized and it's close proximity to this site makes the location extremely desirable. This class B office building is approved for medical use. The first floor is fully leased to a Medical Center with a Triple Net lease with 5 years remaining on their lease and a five year renewal option. The Second floor is fully leased to another medical center for 3 years with a Triple Net Lease. The first floor consist of 5,287 Sq. Ft. and the second floor 5,180 Sq. Ft. The building has 17 private parking spaces, 34 municipal spaces and has just passed the 40 year certification.

Listed by London Foster Realty

Property Details

ID #
A11145139
Status
Sale
Type
Commercial, Industrial
Zip Code
33134
Year Built
1958
Parking Spaces
17
Building Feature
Air Conditioning, Smoke alarms
Water Source
City/mains water
Septic
City sewer
Floor
Ceramic Floor
Lease Term
1 To 3 Year Lease, 4 To 6 Year Lease, Triple Net Lease
Occupancy
Call Listing Agent
Parking
Assigned Parking, Street Parking
Type of Building
Medical Office
Utilities
Internet
Zoning Information
6400
Listing content provided by the Miami Association of REALTORS
Disclaimer: BBC: 3%, The offer of compensation is made only to participants of the MLS where the listing is filed.

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