255 University Drive is one block from the largest development in Coral Gables, The Plaza, a $660M project, including a 5-Star Hotel, Condos, Office Building, Restaurants and Retail. 255 University Dr. is completely modernized and it's close proximity to this site makes the location extremely desirable. This class B office building is approved for medical use.
The first floor is fully leased to a Medical Center with a Triple Net lease, with 1 year remaining on their lease and (2) five year renewal options. The Second floor is fully leased to another Medical Center for 5 years with a Triple net lease. The first floor consist of 5,287 Sq. Ft. and the second floor 5,180 Sq. Ft. The building has 17 private parking spaces, 34 municipal spaces, and has just passed its 40 year re-certification.