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Investment Highlights
- The property boasts 335 feet of frontage on a proven commercial corridor, providing seamless access to the Dolphin and Palmetto Expressways.
- The existing 134,743 SF building is currently 100% vacant, offering investors a blank canvas to execute a comprehensive lease-up strategy.
- Located just steps from major regional drivers, including MIA's Concourse K expansion and the transformative 131-acre Miami Freedom Park.
- Sits directly across from Miami International Airport (MIA), providing elite visibility and immediate logistical access.
- Limited local inventory perfectly positions the asset to attract a highly resilient tenant base.
Executive Summary
Marcus and Millichap - The Zylberglait Group presents this Offering Memorandum for a prime
3.91-acre office property at 6595 Northwest 36th Street in Virginia Gardens, Florida. This property
offers a tremendous opportunity for investors seeking to capitalize on the growing demand for
office space in a high-traffic location. Currently vacant, it provides significant upside potential
through occupancy and rental income, offering a flexible investment for a wide range of industries.
The property consists of a 134,743-square-foot office building with 160 suites. Originally built in
1971 and renovated in 1973, the building provides ample space for tenants across various
industries. With its versatile floor plan, it is well-suited for office, medical, or trade uses, offering
flexibility for potential tenants looking to establish themselves in a prominent location.
Strategically located across from Miami International Airport, one of the busiest airports in the
world, this property benefits from unmatched visibility and easy access to major transportation
routes. Its location in the Northwest 36th Street corridor ensures excellent exposure and is
positioned in a growing area with increasing demand for commercial real estate.
The property’s proximity to Miami International Airport and limited availability of office space in
the area gives it a competitive edge. It serves a variety of industries, including aviation, trade,
medical, and other sectors, making it an attractive option for investors looking to secure longterm tenants in a rapidly developing market. With its prime location, it offers both a stable income
stream and future growth potential.
For investors, this property represents a rare opportunity to acquire a well-positioned office asset
in an area with limited office supply. The vacant building offers immediate upside in leasing and
rental income, with the added benefit of being situated in a highly desirable and growing
commercial corridor near Miami International Airport. This offering presents a strategic
investment for those looking to capitalize on a dynamic real estate market.
3.91-acre office property at 6595 Northwest 36th Street in Virginia Gardens, Florida. This property
offers a tremendous opportunity for investors seeking to capitalize on the growing demand for
office space in a high-traffic location. Currently vacant, it provides significant upside potential
through occupancy and rental income, offering a flexible investment for a wide range of industries.
The property consists of a 134,743-square-foot office building with 160 suites. Originally built in
1971 and renovated in 1973, the building provides ample space for tenants across various
industries. With its versatile floor plan, it is well-suited for office, medical, or trade uses, offering
flexibility for potential tenants looking to establish themselves in a prominent location.
Strategically located across from Miami International Airport, one of the busiest airports in the
world, this property benefits from unmatched visibility and easy access to major transportation
routes. Its location in the Northwest 36th Street corridor ensures excellent exposure and is
positioned in a growing area with increasing demand for commercial real estate.
The property’s proximity to Miami International Airport and limited availability of office space in
the area gives it a competitive edge. It serves a variety of industries, including aviation, trade,
medical, and other sectors, making it an attractive option for investors looking to secure longterm tenants in a rapidly developing market. With its prime location, it offers both a stable income
stream and future growth potential.
For investors, this property represents a rare opportunity to acquire a well-positioned office asset
in an area with limited office supply. The vacant building offers immediate upside in leasing and
rental income, with the added benefit of being situated in a highly desirable and growing
commercial corridor near Miami International Airport. This offering presents a strategic
investment for those looking to capitalize on a dynamic real estate market.
Property Facts
| Price | $14,750,000 | Status | Active |
| Price / SF | $109.47 / SF | Number of Properties | 3 |
| Sale Condition | High Vacancy Property | Individually For Sale | 0 |
| Cap Rate | 23.61% | Total Building Size | 134,743 SF |
| Sale Type | Investment | Total Land Area | 6.25 AC |
| Price | $14,750,000 |
| Price / SF | $109.47 / SF |
| Sale Condition | High Vacancy Property |
| Cap Rate | 23.61% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 134,743 SF |
| Total Land Area | 6.25 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
36th Center
6501 NW 36th St, Miami, FL 33166 |
Office | 55,078 SF | 1971 | - |
|
36th Center
6595 NW 36th St, Miami, FL 33166 |
Office | 37,485 SF | 1966 | - |
|
36th Center
6555 NW 36th St, Virginia Gardens, FL 33166 |
Office | 42,180 SF | 1971 | - |
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6595 Northwest 36th Street
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