MARCUS & MILLICHAP ARRANGES THE SALE OF A SINGLE-TENANT OFFICE CONDO IN AVENTURA FOR $3.9 MILLION
AVENTURA, FL, June 3, 2015 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of a single-tenant, net-leased office condo leased to Executive National Bank located in Aventura, FL. The asset sold for $3,900,000.
Alex D. Zylberglait, a Vice President Investments in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller, a private investor from Aventura, FL.
“This was an opportunity for an investor to acquire a triple-net single-tenant office condo in a Class-A building in the heart of Aventura. The buyer was attracted to the renowned tenant, the property’s premier location and the exclusive building signage rights,” says Zylberglait.
The office condo is situated on the first floor of the One Aventura Executive Center and leased to Executive National Bank. Executive National Bank is a locally-owned financial institution that has proudly served the Miami-Dade community since 1972. The bank features drive-thru service, dedicated covered parking, and exclusive building signage rights. The One Aventura Executive Center is a Class-A condominium building and home to financial, real estate, architectural and investment firms. The property is located at 20900 NE 30th Avenue, Suite 103 in Aventura, FL.