Ivory 214 is Class A boutique office building featuring 34 offices ideal for medical use. Office suites 901 and 902 currently leased to a Cardiologist. Office 901 is 1,518 square feet. Office 902 is 1,714 square feet with an outdoor terrace. The initial lease term was signed for five (5) years with 3.5 years remaining. One renewal option for five (5) years at market rent. Rent increases of 3% per year. The current cap rate is 6.75% on a yearly NOI of $118,077. Ivory 214 features a full restaurant and caf on premises and access to hotel amenities. Minutes from Aventura Hospital, Aventura Mall and Gulfstream Park.
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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Arrows indicate 90 day trend
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