9601 SW 40th St, Miami FL - 33165

Explore the prime location of the 9601 SW 40th St property in the heart of Miami, FL. This vibrant area offers easy access to Dadeland Mall and the historic charm of Coral Gables. With seamless connectivity and diverse attractions, it's an exceptional opportunity for an office/office building investment.Synergy Realty Advisors is proud to present 9601 SW 40th St, a freestanding 2,560-square-foot medical office located on the high-traffic Bird Road corridor in Miami. Sitting on a 10,875-square-foot lot with 10 dedicated parking spaces, this property is currently tenant-occupied, generating steady rental income with an expiring triple net lease in December 2026 and a 5 year tenant option that must be exercised six months before lease expiration. The current tenant is Clinical Care, who is currently in Chapter 11 bankruptcy and in talks to be purchased by Conviva, another large medical provider- as per recent news articles. It is unclear what the business buyer will do, but we will likely receive news in the next several weeks or months. A potential purchaser of the business can either keep the existing lease or may choose to unload the medical center if they consider it to be non-essential or have one nearby. Built in 1959, the property offers excellent visibility and accessibility, making it an ideal location for continued use as a medical office or for conversion to retail, office, or other business ventures. This property is a fantastic opportunity for investors or business owners seeking a prime spot in a thriving area who are willing to wait a few years to occupy. Current tenant is under NNN LEASE paying $31.71 PSF. Tenant pays property taxes, insurance, utilities, repairs, maintenance, replacement fees, sales tax with 2.5% yearly rent increments. Tenant is not cooperating with showings at this time but interior photos and floorplan available.