South Miami Medical Office Condo for Sale Adjacent to South Miami Hospital (Baptist Health)
6141 Sunset Dr., Suite 401, South Miami, FL 33143
List Price: $2,500,000
5,780 SF (including common area) 100% Leased to Baptist Health
Medical Group Built in 2006 Adjacent to South Miami Hospital
For more information, please contact:
5 Year Lease w/ 5-Yr Option Gross Rents Year 1: $ 216,000
Plus 3.5% annual increases 2018 Taxes = $ 28,403 2018 CAM = $ 43,797 NOI Year 1: $ 143,800 5 Year Cap Rate: 6.31% 7.86% assuming 5-Yr option is exercised
Chris Crystal, Broker
Miami Real Estate Co. 305-773-8118 cell
Our Tenant:
Baptist Health Medical Group Physicians, LLC is part of Baptist Health South Florida, the
largest healthcare organization in the region, with 10 hospitals (Baptist Hospital, Baptist
Children’s Hospital, Bethesda Hospital East, Bethesda Hospital West, Doctors Hospital,
Fishermen’s Community Hospital, Homestead Hospital, Mariners Hospital, South Miami
Hospital and West Kendall Baptist Hospital), more than 40 physician practices, 50
outpatient and urgent care facilities, Baptist Health Quality Network and internationally
renowned centers of excellence spanning across Monroe, Miami-Dade, Broward and
Palm Beach counties.
Baptist Health is a not-for-profit organization supported by philanthropy and committed
to our faith-based charitable mission of medical excellence and has more than 19,500
employees and more than 3,000 affiliated physicians. It has been recognized by Fortune
as one of the 100 Best Companies to Work For in America and by Ethisphere as one of
the World’s Most Ethical Companies.
Baptist Health South Florida is the most awarded healthcare system in South Florida by
U.S. News & World Report with 22 high-performing awards in 14 types of care. Baptist
Hospital continues to be the highest-ranked hospital in Miami-Dade County.
“Being recognized year after year for our performance is a testament to the dedication
of our entire organization to providing excellent service and compassionate care to our
patients and their families,” said Brian E. Keeley, president and chief executive officer of
Baptist Health. “We set the bar very high for ourselves and take great pride in our
teamwork and focus on high quality in everything we do.”
This facility is home to the offices of Baptist Health Medical Group Obstetrics &
Gynecology, whose physicians have been occupying this space since the building opened
in 2006.
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6141 Sunset Drive Condominium Association
Recent/Comparable Sales
Past Sales SF Sale Date Sale Price SP $/SFHadassah Medical Offices. LLC multiple 14,932.85 June 2015 $6,900,000 $462.076141 Real Estate Partners 403 3,256.60 June 2018 $1,670,000 $512.80DRK Properties (Krieger) 402 1,829.50 June 2019 $962,500 $526.10
Subject List PriceFKS Buildling Partners 401 4,855.54 $2,500,000 $514.88
* SF per Tax Rolls
6141 Sunset Drive Condominium Association All Suites - All owners
Square CAOwner Name Suite # Feet Percentage 16.37%
South Miami Associates 101 7,508.30 18.6698% 1,229.11 Innovative Cancer Institute 102 3,959.52 9.8455% 648.17
- Hadassah Medical Offices. LLC 301 2,747.45 6.8317% 449.76 Hadassah Medical Offices. LLC 302 3,756.87 9.3416% 615.00 Hadassah Medical Offices. LLC 303 1,615.72 4.0176% 264.49 Hadassah Medical Offices. LLC 304 1,922.90 4.7814% 314.78
FKS Buildling Partners 401 4,855.54 12.0735% 794.85 DRK Properties 402 1,829.50 4.5491% 299.49 6141 Real Estate Partners 403 3,256.60 8.0977% 533.11
Miami Medical Property 501 3,874.05 9.6330% 634.18 Hadassah Medical Offices. LLC 502 1,884.68 4.6864% 308.52 Hadassah Medical Offices. LLC 503 3,005.23 7.4727% 491.96
40,216.36 100.0000% 6,583.42 16.37%
South Miami Medical Office Condo
Suite 401 - Interior Details
6 Doctor's offices
10 Exam Rooms
20 seat reception area
6-person reception/admin area
5+2 person nurses station
6-person admin/business office
Lab
Kitchen/Lounge
4 bathrooms
4 storage closets
170 parking for entire building + Valet Parking
Top quality; light & bright; high end space… built in 2006.
Additional Photos:
Additional Photos:
Location:
6141 Sunset Drive, Suite 401
South Miami, FL 33143