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.
MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. Updated: 17th April, 2021 2:14 AM