icon medical tower for sale or lease in aventura

17
21291 NE 28 th Avenue, Aventura, FL 33160 Presented By Marina Solo Commercial Division DECORUS Realty, LLC Direct Email [email protected] Direct Line +1.954.850.9455

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Page 1: ICON Medical Tower For Sale or Lease in Aventura

21291  NE  28th Avenue,  Aventura,  FL  33160

Presented  By  Marina  SoloCommercial  Division  DECORUS  Realty,  LLC

Direct  E-­‐mail  [email protected] Direct  Line  +1.954.850.9455  

Page 2: ICON Medical Tower For Sale or Lease in Aventura
Page 3: ICON Medical Tower For Sale or Lease in Aventura

THE BUILDINGThis articulation of unsurpassed elegance is blended with all the components necessary for a 21st CenturyMedical Building. The ICON Medical Tower is located just steps away from the Aventura Hospital campus andits newly accredited Trauma II facility. It is strategically positioned amongst the most diverse and denselypopulated city of Aventura, which is quickly developing into a source for highly respected and sought aftermedical professionals in all medical disciplines. The project is built with emphasis on the needs of the physicianand thewelfareof the patient.

ICON Medical Tower offers over 120,000 square feet of privatemedical offices perched atop a parking pedestalwith over 540 parking spaces. In addition, the building will have both first floor and mezzanine space totaling13,000 squarefeet to accommodateancillary medical uses such as

surgical rooms, a diagnostic imaging center, and laboratory and pharmacy areas. The developer has met itscommunity responsibility by commitment tohighly demandingGold LEED Certification.

Page 4: ICON Medical Tower For Sale or Lease in Aventura
Page 5: ICON Medical Tower For Sale or Lease in Aventura

LOCATION

Aventura is a thriving world renowned citylocated on the northern border of MiamiDade County and minutes away fromHollywood, Ft. Lauderdale and the rest ofBroward County. Great entertainment isjust minutes away from Aventura Mall,Gulsftream Park and the Turnberry GolfClub.The city will soon be home to Icon MedicalTower, located just steps away fromAventura hospital, in the heart of theAventuramedicaldistrict.

Page 6: ICON Medical Tower For Sale or Lease in Aventura
Page 7: ICON Medical Tower For Sale or Lease in Aventura

AMENITIESIcon  is  an  exclusive  medical  use  tower

All  corridors  have  natural  light  and  6ft+  width,  no  interior  corridorsLobbies  and  corridors  generously  sized  to  accommodate  patient  population  and  medical  equipment

Class  A  Plus  lobby  area,  Concierge,  Convenience  store,  waiting  areaEmergency  stand-­‐by  power  for  essential  building  systems  and  medical  equipment

Mechanical  chases  adjoining  each  suite  facilitating  future  installation  of  medical  and  building  technologiesPlumbing  stacks  adjoining  each  suite  facilitating  medical  equipment  and  sanitary  installations

Provisions  for  med  gas  equipment  and  cylinders  storageRemotely  located  mechanical  plant  and  main  electrical  equipment  to  reduce  ambient  noise

Suites  from  923  square  feetUp  to  13,000  square  feet  of  ground  floor  and  mezzanine  space  accessible  through  the  lobby,  for  all  clients  

entering  the  property7,000  square  foot  meditation  terrace  garden  on  8th  floor

Custom  design  your  own  suiteGarage  parking  with  over  5  spaces  per  1,000  square  feet

Reserved  parking  and  valet  parking  availableCovered  pick-­‐up/drop  off  area

LEED  Gold  Certified

Page 8: ICON Medical Tower For Sale or Lease in Aventura
Page 9: ICON Medical Tower For Sale or Lease in Aventura

FLOOR  PLANS

Class  A  Plus   lobby  area,  Concierge,  Convenience  store,  waiting  areaUp  to  13,000  square  feet  of  ground  floor  and  mezzanine  space  accessible  through  the  lobby,  for  all  clients  entering  the  

property.  

Page 10: ICON Medical Tower For Sale or Lease in Aventura

All  corridors  have  natural  light  and  6ft+  width,  no  interior  corridors.Lobbies  and  corridors  generously  sized  to  accommodate  patient  population  and  medical  equipmentRemotely  located  mechanical  plant  and  main  electrical  equipment  to  reduce  ambient  noiseEmergency  stand-­‐by  power  for  essential  building  systems  and  medical  equipmentProvisions  for  med  gas  equipment  and  cylinders  storage

Page 11: ICON Medical Tower For Sale or Lease in Aventura

FLOORS  FROM  3  -­‐ 7  PARKING  TOTAL  540  SPACES  

Garage  parking  with  over  5  spaces  per  1,000  square  feet  Reserved  parking  and  valet  parking  available

Page 12: ICON Medical Tower For Sale or Lease in Aventura

7,000  square  foot  meditation  terrace  garden  on  8th  floor

Page 13: ICON Medical Tower For Sale or Lease in Aventura
Page 14: ICON Medical Tower For Sale or Lease in Aventura

PRICES  starting  at  $550.00  per  SQ.  FT.  

LEASE  offered  at  $42.00  per  SQ.  FT.  

Page 15: ICON Medical Tower For Sale or Lease in Aventura
Page 16: ICON Medical Tower For Sale or Lease in Aventura

WHY  INVEST?With  a  great  location,  efficient  approach  to  design  and  construction,  this  medical  office  building  offers  doctors  and  investors  quality  office  space  adjacent  to  Aventura  Hospital  and  close  to  amazing  restaurants  and  shopping.

PHYSICIANS

Eliminate  the  need  to  pay  inflated  rents  and  controls  your  own  destiny.Build  wealth  and  diversify  your  investment  portfolio.All  units  are  healthcare  design  compliant.All  units  are  constructed  with  the  latest  energy-­‐efficient  building  materials.

INVESTORS

Stable  tenant  options  with  large  medical  practices.Long  term  leases  typically  5-­‐10  years  with  option  to  renew.NNN  leases  -­‐ Tenants  responsible  for  property  taxes,  maintenance  and  insurance  Annual  rent  increments  with  3-­‐5%  increase  per  year.Refinancing  options  offered  based  on  guaranteed  long  term  lease.

Page 17: ICON Medical Tower For Sale or Lease in Aventura

FINANCING  AVAILABLE

$1,000,000.00      -­‐ Purchase  Price  $600.00  per  Sq.  Ft.  1,667  Sq.  Ft.  Unit  $350,000  -­‐ Down  payment  35%  $650,000  -­‐ Loan  Amount  

30  Years  Amortization  5.5%  Rate  $44,288  Annual  Payment  (Principle  &  Interest)$70,014  Net  Operating  Income7%  Cap  Rate    $25,726  Cash  After  Debt  Service  7.4%  Cash  on  Cash  

$1,645,300  FUTURE  VALUE  (10%  appreciation  -­‐ 5  years)

$38,987  –Loan  Reduction  (see  Amortization)$684,287  –Appreciation  and Loan  Reduction

$128,630  –Total  Rent  Collected  in  5  Years

$812,917  – Year  5  Sale,  Total  Gain  Received

232%    -­‐ 5  years  Gain  Received    

46.40%    IRR  (Internal  Rate  Of  Return)  

Minimum  5  Years    NNN  Lease