Citi Centre 290 NW 165th St 46,324 SF 70% Leased Office Building North Miami, FL 33169 $10,500,000 ($226.66/SF) 8% Cap Rate

Marcus & Millichap is proud to present Citi Centre, a 46,324-square-foot office building offered at $10,500,000 ($227 per SF), representing a compelling basis well below replacement cost. Located in North Miami Beach, Citi Centre sits on a 1.54-acre parcel and offers investors the opportunity to acquire a solid, income-producing asset with long-term leases and value-add potential through lease-up and rent growth.
Originally built in 1986 and renovated 2022, the property is strategically located adjacent to Jackson North Medical Center and the Golden Glades Interchange, providing immediate access to Interstate 95, Florida’s Turnpike, and State Road 826—a key advantage for tenants operating across Miami-Dade and Broward counties.
Citi Centre benefits from its central position along the 167th Street Corridor, a high-growth commercial area experiencing revitalization led by national tenants such as Home Depot and Walmart. This corridor’s ongoing transformation has elevated market fundamentals and attracted capital investment from both institutional and private stakeholders.
The property features 26 suites, ample surface parking (2.96/1,000 SF), 24-hour security access, and proximity to both Miami International Airport and Fort Lauderdale-Hollywood International Airport, enhancing its appeal to a wide range of business and medical office users.