Last updated on March 5th, 2024

67,382 SF Building - 5.37 acres in Miami

$24,800,000 Building, extra plus Land

7007 NW 77th Ave, Miami, Florida 33166


Documents
  • 7007 - north parcel site plan study - Jan - 2020 2.pdf (2.3 MB)   view   download
  • SBS Miami Broadcast Center OMvF.pdf (17.6 MB)   view   download
Building Size67,382 Square Feet
Land Size5.34 Acres
ZoningIU-1
Parking180
WaterYes
SewerYes
Year Built1969
Adjusted SF 70,241
Under HVAC67,382
Traffic count 267,482
extra land1.75 acres
Sale Lease backSeller will stay up to 2 years
Facilty Four connected buildings
Zoning Flexible - IU 1
Land 2 parcels75,733 sf and 158,475 sf

Commercial Property w/ Land for development

"Spanish Broadcasting System - HQ Building and Broadcasting Center”
Fairchild Partners, Inc. as exclusive representatives of SBS Miami Broadcast Inc. (Seller) is pleased to offer for sale to a qualified buyer the 100% fee simple interest in the property located at 7007 NW 77th Avenue, Miami, FL. 33166 (The Property).

Presently 100% Owner Occupied Building, w/ extra developable land of 1.74 acres. Land size between two adjacent parcels totals 5.37 acres (two folio numbers).

Unique Opportunity for an business or investor to acquire a quality office, showroom, flex, studio asset in one of the hottest commercial markets in the nation, Miami Airport West market.

The existing building consists of 67,382 SF, under HVAC, located on 3.63 acres of land and extra adjacent land of 1.74 acre. Property may be sold with a two (2) year leaseback from Spanish Broadcasting System, Inc. (Tenant - OTCQX – SBSAA). They are a national leading diversified public media company, website - Spanishbroadcasting.com.

Address: 7007 NW 77th Avenue, Miami, Florida 33166

Area: Miami Airport West Market

Benefits: The subject property is situated in a strategic location with frontage along the Palmetto Expressway (SR 826) in the Miami Airport West submarket, and is in close proximity to the Miami International Airport and adjacent to the City of Doral.

Signage Visibility: Approximately 267,000 daily car count. SR 826 is western Miami-Dade’s main north/south arterial highway and has Exits on NW 74 street and NW 58 street just north and south of the property.

It is located in a “Qualified Opportunity Zone” a Federally designated area to spur economic development by providing tax benefits and incentives to investors. In addition, the investment is a great alternative for 1031 exchange dollars in Miami Dade County.

Public Transportation Access: The Palmetto Metrorail Station is less than 1/2 a mile NW of the site adjacent to SR 826 on the west side. The Metro Rail is the Miami Dade County main public transportation Rail system connecting all of Miami Dade County.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.


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