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Mia Med Building 5040 NW 7th St 87,527 SF 100% Leased Office Building Miami, FL 33126 For Sale

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INVESTMENT HIGHLIGHTS

  • Opportunity to Mark-to-Market in-place rents.
  • Diversified tenancy.
  • Significant discount to replacement cost.
  • In the heart of a booming healthcare market.
  • Secure cash flow with medical tenancy.

EXECUTIVE SUMMARY

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer the opportunity to acquire the MiaMed Building, a premier medical outpatient building totaling 87,527 rentable square feet in Miami, Florida (the “Property”). The Property boasts 100% occupancy with a weighted average lease term (WALT) of 3.1 years, providing stable cash flow from a strong and diverse medical tenant base. Built in 1986 and enhanced with recent capital improvements, the asset offers significant value-add potential with an estimated 34.3% mark-to-market opportunity. Strategically positioned just south of Waterford at Blue Lagoon, the MiaMed Building benefits from nearby development of medical outpatient facilities and close proximity to strong demographics, serving the robust demand from South Florida’s expanding healthcare market.

This combination of full occupancy, quality medical tenancy, substantial mark-to-market upside, and strategic Miami location positions the MiaMed Building as an exceptional investment opportunity in one of the nation’s most dynamic healthcare markets. The acquisition offers investors immediate stable cash flow with meaningful value creation potential through capturing mark-to-market opportunities, office space to medical conversion, and additional signage income.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
87,527 SF
Building Class
A
Year Built
1986
Percent Leased
100%
Tenancy
Multiple
Building Height
9 Stories
Typical Floor Size
9,374 SF
Slab To Slab
10’
Building FAR
1.63
Lot Size
1.23 AC
Zoning
T6-8-O, 6100 - 61-Commercial

AMENITIES

  • Reception

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Health Care and Social Assistance
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Borinquen Medical Centers began in 1972 as a grass-roots community effort from a group of community organizers in the Puerto Rican community with a small grant from the Public Health Service to establish a health clinic in Wynwood. Over the years Borinquen Medical Centers have grown to become a Comprehensive Primary Health Care, Dental and Behavioral Health Center serving Miami-Dade County.

  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

PRX Pharmacy of Miami-Dade provide a comprehensive range of health and social services to our culturally diverse community in Miami-Dade County. Our quality services are accessible to all people throughout the County

  • Manufacturing
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Headquartered in Miami, Florida, Triforce Luggage is the culmination of years of planning and preparation to bring to fruition a company that provides the travel industry with affordable travel goods, using the most advanced materials that epitomize functionality, fashion, and above all, quality. With over 25 years of experience as a Federated buyer and sales executive, the CEO of Triforce Luggage, Peter Doval, decided that the time had come to start a travel goods company that is absolutely committed to providing the best service experience when putting together highly successful luggage programs for the buyers. Peter has recruited a superb team of highly experienced sales executives with a wealth of knowledge in the luggage and travel goods industry. With a state-of-the art warehouse facility also located in Miami, Florida, Triforce Luggage is ready to make an impact in both the domestic and international markets.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Health Care and Social Assistance - $9.99 Lorem Ipsum Jan 0000
Retailer - $9.99 Lorem Ipsum Jan 0000
Manufacturing - $9.99 Lorem Ipsum Jan 0000

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 4th Fl-Ste 470
  • 1,806 SF
  • Office
  • Full Build-Out
  • Jan 2026
Space Size Space Use Condition Available
4th Fl-Ste 470 1,806 SF Office Full Build-Out Jan 2026

4th Fl-Ste 470

Size
1,806 SF
Space Use
Office
Condition
Full Build-Out
Available
Jan 2026

4th Fl-Ste 470

Size 1,806 SF
Space Use Office
Condition Full Build-Out
Available Jan 2026

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-4106-127-0010
Land Assessment
$6,915,687 CAD
Improvements Assessment
$13,306,954 CAD
Total Assessment
$20,222,641 CAD
  • Listing ID: 37690638

  • Date on Market: 2025-09-16

  • Last Updated:

  • Address: 5040 NW 7th St, Miami, FL 33126

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