Spanish Broadcasting System and MEGA TV - HQ
67,382 SF | Flex Building | Miami, FL 33166 | $24,800,000 ($368/SF)
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 2 days
Asking Price $24,800,000
- Property Type
-
Industrial
- Price / Square Foot
- $368
Listing Contacts
Antonio Puente
Verified Profile
Richard Sanz
Verified Profile
- Property Info
Property Overview
Commercial Property w/ Land for additional development -
Unique Opportunity for an owner user or investor to acquire a quality office, showroom, flex, studio and industrial asset in one of the hottest commercial markets in the nation on a main highway and highly visible property.
Headquarters building and facility / HQ Building
The Corporate Home to "Spanish Broadcasting System - HQ Building and MEGA TV - Broadcasting Center”
Fairchild Partners, Inc. as exclusive representatives of SBS Miami Broadcast Inc. (Seller) is pleased to offer for sale to a qualified buyer the 100% fee simple interest in the property located at 7007 NW 77th Avenue, Miami, FL. 33166 (The Property).
Presently 100% Owner Occupied Building, w/ extra developable land of 1.74 acres.
Total Land Size - 5.37 acres - (1.74 acres + 3.63 acres on two adjacent parcels, w/ two separate folio numbers)
The existing building consists of 67,382 SF, 100% under HVAC, located on the 3.63 acres of land.
Covered Land Play alternative - Property may be sold with an up to two (2) year leaseback from Spanish Broadcasting System, Inc. (Tenant - OTCQX – SBSAA). SBSAA is a national leading diversified public media company, website - www.Spanishbroadcasting.com.
Address: 7007 NW 77th Avenue, Miami, Florida 33166
Area: Miami Airport Market
BENEFITS and FEATURES
Location: The subject property is situated in a strategic location with frontage along the Palmetto Expressway (SR 826) in the Miami Airport West submarket, and is in close proximity to the Miami International Airport (MIA) and adjacent to the City of Doral. The Palmetto Expressway is western Miami-Dade’s main north/south arterial highway.
Palmetto Expressway Frontage: approximately over 267,000 daily car count
Accessibility: Property can be reached via multiple highways, including the Palmetto Expressway and the Florida Turnpike. The Palmetto has Exits on NW 74 street and NW 58 street. The Florida Turnpike is a major Florida Highway just a few miles west of our site.
Signage Visibility: Approximately 267,000 daily car count on the SR 826. SR 826 is western Miami-Dade’s main north/south arterial highway and has Exits on NW 74 street and NW 58 street just north and just south of the subject property.
Public Transportation Access: The Palmetto Metro-Rail Station is less than 1/2 a mile NW of the site adjacent to SR 826 on the west side. The Metro Rail is the Miami Dade County main public transportation Rail system connecting all of Miami Dade County public transportation system such as the MIC for access to Airport, and the People Mover in the Miami CBD area.
“Qualified Opportunity Zone - QOZ” it is located in a Federally designated area called QOZ that spurs economic development by providing tax benefits and incentives to investors. In addition, the investment is a great alternative for 1031 exchange dollars in Miami Dade County.
Palmetto Expressway Frontage: approximately 267,000 daily car count
Call /Text - Tony Puente, CCIM 305.606.2097 (c), email [email protected] Partners, Inc. as exclusive representatives of
Unique Opportunity for an owner user or investor to acquire a quality office, showroom, flex, studio and industrial asset in one of the hottest commercial markets in the nation on a main highway and highly visible property.
Headquarters building and facility / HQ Building
The Corporate Home to "Spanish Broadcasting System - HQ Building and MEGA TV - Broadcasting Center”
Fairchild Partners, Inc. as exclusive representatives of SBS Miami Broadcast Inc. (Seller) is pleased to offer for sale to a qualified buyer the 100% fee simple interest in the property located at 7007 NW 77th Avenue, Miami, FL. 33166 (The Property).
Presently 100% Owner Occupied Building, w/ extra developable land of 1.74 acres.
Total Land Size - 5.37 acres - (1.74 acres + 3.63 acres on two adjacent parcels, w/ two separate folio numbers)
The existing building consists of 67,382 SF, 100% under HVAC, located on the 3.63 acres of land.
Covered Land Play alternative - Property may be sold with an up to two (2) year leaseback from Spanish Broadcasting System, Inc. (Tenant - OTCQX – SBSAA). SBSAA is a national leading diversified public media company, website - www.Spanishbroadcasting.com.
Address: 7007 NW 77th Avenue, Miami, Florida 33166
Area: Miami Airport Market
BENEFITS and FEATURES
Location: The subject property is situated in a strategic location with frontage along the Palmetto Expressway (SR 826) in the Miami Airport West submarket, and is in close proximity to the Miami International Airport (MIA) and adjacent to the City of Doral. The Palmetto Expressway is western Miami-Dade’s main north/south arterial highway.
Palmetto Expressway Frontage: approximately over 267,000 daily car count
Accessibility: Property can be reached via multiple highways, including the Palmetto Expressway and the Florida Turnpike. The Palmetto has Exits on NW 74 street and NW 58 street. The Florida Turnpike is a major Florida Highway just a few miles west of our site.
Signage Visibility: Approximately 267,000 daily car count on the SR 826. SR 826 is western Miami-Dade’s main north/south arterial highway and has Exits on NW 74 street and NW 58 street just north and just south of the subject property.
Public Transportation Access: The Palmetto Metro-Rail Station is less than 1/2 a mile NW of the site adjacent to SR 826 on the west side. The Metro Rail is the Miami Dade County main public transportation Rail system connecting all of Miami Dade County public transportation system such as the MIC for access to Airport, and the People Mover in the Miami CBD area.
“Qualified Opportunity Zone - QOZ” it is located in a Federally designated area called QOZ that spurs economic development by providing tax benefits and incentives to investors. In addition, the investment is a great alternative for 1031 exchange dollars in Miami Dade County.
Palmetto Expressway Frontage: approximately 267,000 daily car count
Call /Text - Tony Puente, CCIM 305.606.2097 (c), email [email protected] Partners, Inc. as exclusive representatives of
Property Details
- Class
- B
- Year Built/Renovated
- 1969/1980
- Stories
- 1
- Property Subtype
- Flex, Showroom, Vehicle Related, Telecom Hotel/Data Hosting, Distribution
- Lot Size (sq. ft)
- 234,353 SF
Highlights
- Signage: The property benefits from a strategic location w/ Frontage along the Palmetto Expressway (SR 826) w/ 267,000 daily cars,
- “Qualified Opportunity Zone” a Federally designated area to spur economic development by providing tax benefits and incentives to investors. In additi
- Covered Land Play - 100% Owner Occupied Building, w/ extra developable land of 1.74 acres. Potential 2 year sale/lease back on on one land parcel.
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