NORTH MIAMI BEACH, Fla. (October 3, 2017)—Tiktin Real Estate Investment Services (TREIS) has announced the sale of Coconut Grove Office, a two-story 8,597 square-foot office building at 2340 South Dixie Highway in Miami. The seller, 2340 So. Dixie Hy, LLC, sold the building to Rodimar Properties LLC for $2.4 million. Adam J. Tiktin, president, TREIS represented the Seller in this transaction. Closing took place Sept. 28, 2017.
The property sits on a 7,500 square-foot lot with 8,597 gross leasable square feet and 5,050 rentable square feet. The building is 100 percent leased by an owner-user occupying the entire space. The interior has been completely built out with private offices and support staff areas. The property also includes 20 covered parking spaces onsite.
Situated directly along South Dixie Highway, one of the major thoroughfares in Miami, Coconut Grove Office offers high visibility to over 110,400 vehicles per day. The site is conveniently located across the street from the Coconut Grove Metro Station.
Tiktin Real Estate Investment Services (TREIS) is a South Florida-based commercial real estate Investment brokerage company specializing in the sale of shopping centers, single-tenant net lease properties and office buildings in Florida. Founded in 2001 by industry veteran Adam J. Tiktin, TREIS is committed to a higher level of service and an unmatched standard of integrity. This investment sales firm is distinguished by its personalized approach, transactional expertise, comprehensive market analysis and aggressive strategies.
For more information, call (305) 363-4750 or (844) 4-TIKTIN or visit www.tiktinrealestate.com.