6625 NW 154TH STREET - For Sale
Office | 52,745 SqFt
Marketing description
6625 Miami Lakes Drive is a 52,745 SF, fully-occupied Class B office building anchored by Bank of America (lease through May 2028) on a high-traffic corner with 58,200 VPD — adjacent to Publix and CVS in the heart of the Miami Lakes Town Center District.
The 1st floor generates $650K of stable annual income from two long-term tenants. The 2nd & 3rd floors operate under the seller's Hundredfold executive-office platform — 150+ small-tenant licenses producing $1.37M of annual revenue at $39/SF blended, materially above the $33.68/SF market full-floor rate.
A new owner can continue the platform operation for premium cash flow, or convert to a traditional NNN lease structure at the $33.68/SF benchmark validated by the Oaks Plaza comp set. Either path supports the asking price.
Investment highlights
- Mark-to-market upside — 9 of 10 leases roll within 12 months
- Pro-forma NOI ~$1.16M — call for offering memo & target cap
- Anchored by Bank of America — adjacent Publix and CVS
- Prime Miami Lakes corner — 58,200 VPD at signalized intersection
- Outparcel potential — landlord confirms a pad can be built on lot
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