1515 NW 167th St, Miami, FL, 33169

1515 NW 167th St Miami, FL 33169

1515 NW 167th St, Miami, FL, 33169
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$16,000,000
Last Verified:
Apr 22, 2024

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Description

Glades Office Park is a multi-tenant, 97% occupied income producing office asset. The property has been impeccably maintained and leased by ownership, providing a new owner with stable, dependable cash flow. The property is also very strategically located off of the Palmetto Expressway in Miami Gardens, giving the tenant base great access to highways and nearby amenities. For full financial information, please execute the confidentiality agreement contained herein.

Golden Glades Office Park is strategically located in Miami Gardens right off of the Golden Glades Interchange. It contains Palmetto Expressway frontage and is in immediate proximity to the Florida Turnpike and I-95.


Year Built: 1972
Building Size: 52000sq ft
Building Class: B
Lot Size: 4.23 acres

Map of 1515 NW 167th St, Miami, FL, 33169

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.