2940 OAK BUILDING

Highlights

• THE GROVE OAK Building PROPOSED
• Net Rentable Area Office:
• +/- 15,000 SF
• Ground: 4547 SF
• Roof Top: 3,436 SF
• Total: 27,556 SF
• Site Size: 6,618 SF | 0.152 Acres
• Parcel Number: 01412-034-0310 Zoning T5-O,
• Urban Center Zone The GROVE OAK is a proposed 27,556 square-foot Class A mixed-use asset envisioned with a bottom floor retail/commercial, open-air patio. The development will house four floors of class-A offices and an open-air rooftop terrace with direct views of Grove Harbor.
• LOCATION AND ACCESS
• The Property is located on the south side of Oak Avenue, between Virginia Street and Rice Street in Coconut Grove.

Description

REMAX 360 is pleased to present the opportunity of "OAK AVE GROVE SHOVEL READY OFFICE, a proposed 27,556 square-foot Class A mixed-use asset located in the vibrant community of Coconut Grove. Designed by renowned architects Arquitectonica, this sleek and modern building offers an exceptional investment opportunity. The property features four floors of class-A offices, a ground floor retail/commercial space, and an expansive open-air rooftop terrace boasting breathtaking views of Grove Harbor. The site spans 6,618 square feet and is zoned T5-O, reflecting its prime urban center location. Coconut Grove's office market is thriving, with a vacancy rate of just 9.9% and strong absorption rates. This area has seen significant investment activity, with annual sales volume averaging $22.1 million over the past five years. Don't miss out on the chance to own a piece of this flourishing market. For more information on The Grove Oak Building and to explore this lucrative investment opportunity, contact our experienced team at 360 Real Estate today.

Opportunity being offered with plans

The Property is located on the south side of Oak Avenue, between Virginia Street and Rice Street in Coconut Grove, prime urban center location. Coconut Grove's office market is thriving, with a vacancy rate of just 9.9% and strong absorption rates.