10900 NW 25th St
Doral, FL 33172
Gulfix Office Building · Office Property For Sale

This building consists of 16,905 rentable square feet of office space. The building is located directly on NW 25th Street, which provides traffic counts of over 24,000 vehicles per day (VPD). This location provides easy access to the Miami International Airport (MIA), the Palmetto Expressway (SR-826), and the Dolphin Expressway (SR-836). This property is located in the city of Doral, which has become one of Miami’s fastest growing cities. There have been significant development projects in recent years such as Downtown Doral and Doral City Place. Doral has more than 3,000 new residential units and nearly 300,000 square feet of retail space approved in the pipeline. The most significant project, Downtown Doral, consists of up to 2,209 residential units, 30,000 square feet of retail and 150,000 square feet of office space, which is set to be fully built in 2020. Such activity shows very high demand for space in Doral and future growth potential. Residents and businesses are attracted to Doral due to its facilitated access to other major destinations such as the Miami International Airport, Brickell, Downtown Miami, Coral Gables and South Miami. Doral’s close proximity to major highways such as the Palmetto Expressway gives easy access to and from many suburbs in Miami, which makes this an attractive office location for both employers and employees. Built in 2007, The Gulfix Office Building has been exceptionally maintained, provides professional curb appeal, and high visibility signage opportunities. The building is currently 100% occupied (With the exception of Suite 202, which is in the process of being leased) by a mix of professional tenants. Most of the spaces are currently leased under long term leases with 3% yearly price increases. Three tenants are due to expire within a year providing an opportunity for upside and increased rental rates in a strong office market with attractive rates. This asset is extremely easy to manage and there is typically a long list of tenants looking to occupy this building given the location, convenience and overall condition of the property.