Oaks Plaza
Office | 7.00% CAP | 24,594 SqFt
Marketing description
Excellent opportunity to acquire a fully occupied, institutional-quality office building totaling ±24,594 SF in the highly sought-after Miami Lakes submarket. Situated on a ±39,600 SF lot, this three-story asset was constructed in 2010 and features a strong tenant mix with stable in-place income and upside potential through mark-to-market opportunities.
The property is currently 100% occupied with 10 tenants and a WALT of approximately 1.81 years, offering investors both immediate cash flow and near-term leasing upside.
Strategically located within the established Miami Lakes Industrial Park, Oaks Plaza benefits from direct access to the Palmetto Expressway (SR-826), as well as close proximity to I-75 and the Florida Turnpike, providing exceptional connectivity throughout South Florida. The property is approximately 10 miles from Miami International Airport, making it ideal for both local and regional users.
The surrounding area offers a strong demographic profile, with over 360,000 residents within a 5-mile radius, along with abundant retail, dining, and service amenities that support tenant demand and long-term occupancy.
Investment highlights
- Direct access to SR-826 (Palmetto Expressway)
- Minutes from I-75 and Florida Turnpike
- Located in Miami Lakes
- Surrounded by retail, dining, and professional services
- Access to a 366,000+ population within 5 miles
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