Property Type Industrial - Flex - Industrial
Property Size 59,520 SF
Lot Size 3.01 Acre
Property Tenancy Multi-Tenant
Building Class B
Year Built 1976

Location

Map
Street

City Miami, FL
Neighborhood Miami Industrial District
Zip Code 33162
Market Miami

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

Owner

True Owner
Registered Owner

Tenants

Suite Name	Tenant	Leased Space	Rent Price	Lease Type	Space Type	Lease Term
370 17th Street #5500	MERRILL, (303) 446-5500	23,824 SF	$23/SF/YR	Modified Gross	General Office	11/01/2014- N/A
370 17th Street #6000	Morrison & Foerster, (303) 592-1500	10,710 SF	$26/SF/YR	Full Service	General Office	08/01/2013- 07/31/2023

Unlock on CommercialEdge

This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge

Brokers

Do you represent this property? Claim it!

List your spaces with ease and generate only verified leads with CommercialEdge Marketing.

Add listing for free

Documents

Access researched data with nationwide coverage on CommercialEdge: sales, mortgages, financials, title documents and more.

Sales

Purchase Date 22 Sep, 2005
Purchase Price
Arm's Length True
Buyer Name

Market Trends

Average Actual Rents in Miami

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent

Net Rent

$44.3/SF/YR

Recoverables Show detailsHide details

$16.7/SF/YR

Unlock on CommercialEdge

Occupancy & Leasing Activity

Occupancy

83.5%

Lease Spread

-20.5%

Unlock on CommercialEdge

Asking Rents in Miami Office Market

Office rental rates are based on aggregated data of asking rates.

2020 Avg. Asking Rent $43.35
2020 Office Vacancy Rate 14.37%
2020 Office Completions (SF) 620,393

Miami Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

2020 Avg. Price per SF $217.40
Y-o-Y Avg. PpSF Change -35.21%
2020 Office Sales Volume $271.9M
2020 Number of Transactions 11

Tax

Property Tax in 2021 $80,650
Market Value* $4,759,459
Assessed Value $4,759,459

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.