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Clear View Center 17325 NW 27th Ave 21,387 SF 100% Leased Office Building Miami Gardens, FL 33056 $9,642,430 CAD ($450.85 CAD/SF) 7.03% Cap Rate
INVESTMENT HIGHLIGHTS
- The investment presents a unique opportunity to own a mixed-use building with small spaces that can easily be rented out to in a rapidly growing neigh
- New LED lighting
- Annual rent escalations providing strong rent growth for a potential buyer
- 100% occupied
- Triple net leases
- Upside potential by adjusting rents through multiple short-term leases
EXECUTIVE SUMMARY
-The property is located on an excellent location near the Miami Dade and Broward County line.
-Located on 27th Avenue corridor 1.6 miles to Hard Rock Stadium; a world class hub for major sporting and entertainment events, including Miami Dolphins games, Miami Hurricane football, major concerts, Formula 1 racing and the Miami Open Tennis tournament.
-Less than a mile north of the Palmetto Expressway (SR 826) and about 2 miles south of the Florida Turnpike.
-43,500 vehicles per day on 27th Avenue
-Dense population, in excess of 655,000 within 5-mile radius
-Located on 27th Avenue corridor 1.6 miles to Hard Rock Stadium; a world class hub for major sporting and entertainment events, including Miami Dolphins games, Miami Hurricane football, major concerts, Formula 1 racing and the Miami Open Tennis tournament.
-Less than a mile north of the Palmetto Expressway (SR 826) and about 2 miles south of the Florida Turnpike.
-43,500 vehicles per day on 27th Avenue
-Dense population, in excess of 655,000 within 5-mile radius
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$810,314
|
$37.89
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$810,314
|
$37.89
|
| Taxes |
$81,063
|
$3.79
|
| Operating Expenses |
$51,549
|
$2.41
|
| Total Expenses |
$132,612
|
$6.20
|
| Net Operating Income |
$677,702
|
$31.69
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $810,314 |
| Annual Per SF | $37.89 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $810,314 |
| Annual Per SF | $37.89 |
| Taxes (CAD) | |
|---|---|
| Annual | $81,063 |
| Annual Per SF | $3.79 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $51,549 |
| Annual Per SF | $2.41 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $132,612 |
| Annual Per SF | $6.20 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $677,702 |
| Annual Per SF | $31.69 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
21,387 SF
Building Class
B
Year Built/Renovated
1989/2010
Price
$9,642,430 CAD
Price Per SF
$450.85 CAD
Cap Rate
7.03%
NOI
$677,702 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,693 SF
Building FAR
0.55
Lot Size
0.90 AC
Zoning
BU-1A, County - Limited Business Use
Parking
80 Spaces (3.74 Spaces per 1,000 SF Leased)
AMENITIES
- Restaurant
- Signage
- Wheelchair Accessible
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Estrella Insurance
- Finance and Insurance
- -
- -
- -
- G.C.F. Dental & Medical Management, Inc.
- Health Care and Social Assistance
- -
- -
- -
- Medical clinic
- -
- -
- -
- -
- Medical office
- -
- -
- -
- -
- Medical Offices
- Health Care and Social Assistance
- -
- -
- -
- Salon Suite Concept
- Professional, Scientific, and Technical Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Estrella Insurance | Finance and Insurance | - | - | - | ||
| G.C.F. Dental & Medical Management, Inc. | Health Care and Social Assistance | - | - | - | ||
| Medical clinic | - | - | - | - | ||
| Medical office | - | - | - | - | ||
| Medical Offices | Health Care and Social Assistance | - | - | - | ||
| Salon Suite Concept | Professional, Scientific, and Technical Services | - | - | - |
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PROPERTY TAXES
| Parcel Number | 34-2110-011-1390 | Total Assessment | $3,757,320 CAD |
| Land Assessment | $2,182,251 CAD | Annual Taxes | $81,063 CAD ($3.79 CAD/SF) |
| Improvements Assessment | $1,575,069 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
34-2110-011-1390
Land Assessment
$2,182,251 CAD
Improvements Assessment
$1,575,069 CAD
Total Assessment
$3,757,320 CAD
Annual Taxes
$81,063 CAD ($3.79 CAD/SF)
Tax Year
2025
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Clear View Center | 17325 NW 27th Ave
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