Outstanding Owner/User Opportunity 1525 NW 167th Street, Miami Gardens FL ± 48,681 Rentable Square Foot Office Building

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1 Building 8 Four Story Elevator-Served Building Fronting the Palmetto Expressway ± 26,431 Square Feet Available for Buyer s Use Balance Is 100% Leased Liberal Planned Corridor District Zoning Outstanding Owner/User Opportunity 1525 NW 167th Street, Miami Gardens FL ± 48,681 Rentable Square Foot Office Building For Sale at the Golden Glades Office Park Offered at $6,000,000. ($ Per Square Foot) WAY Under Replacement Cost! Monthly Mortgage Payment Is Less Than Rent! Palmetto Expressway State Road 826 PROPERTY AMENITIES Incredible Location! Convenient from Dade & Broward Counties Easy Access to Golden Glades Interchange, I-95, SR 826, US 441, SR 9 and Florida s Turnpike High Speed Fiber Optic Access Directly on Bus Route! Highly Visible Location: Palmetto Expressway Frontage Gated Parking (5/1,000 Ratio) Adjacent Restaurant & ATM PHOTO Immediate Access to: Interstate 95 Florida s Turnpike Palmetto Expressway/SR 826 US Hwy. 441/SR 7 & SR 9 Just Minutes to: Pembroke Pines, Miami Lakes, Hollywood/Fort Lauderdale, Aventura, Sunny Isles, and the Beaches! Exclusively Listed By: Ted Konigsberg, SIOR ted@infinitycommercial.net Infinity Commercial Real Estate Office: Fax:

2 EXECUTIVE SUMMARY/PROFILE OF OFFERING The Golden Glades Office Park ( GGOP ) consists of eight buildings, split amongst three property tax folios. Each folio has abundant parking (between 5 and 5.5 spots per 1,000 square feet), and the utility connections, curb cuts and entrances are placed so as to facilitate their future use as separate, individual properties. GGOP fronts the Palmetto Expressway (SR 826) in North Miami Dade County; over 171,000 vehicles pass this imposing site every day. It is adjacent to the Golden Glades Interchange, where the most traveled highways in South Florida all come together, providing fast access to all of Southeast Florida. The oceanside cities of North Miami Beach, Aventura, Sunny Isles, Hallandale and Hollywood are minutes away and the master planned township of Miami Lakes is just West along the Palmetto. Travel times to both the Miami Dade and Hollywood/Ft. Lauderdale airports are under twenty minutes, as is travel time to the City of Doral. Area amenities include the nearby beaches, the restaurants and shopping at Miami Lakes Town Center, Gulfstream International Race Park and Casino, the world famous shopping experience of Aventura Mall, Aventura Golf Course, and Jackson Memorial s North Hospital campus. The submarket in which the Golden Glades Park is located is experiencing a new development cycle. The City of Miami Gardens is extremely business friendly, and has attracted a number of large scale tenants and owners: Mercedes Benz of Miami, Floor and Décor, City Furniture and Rooms to Go are directly across the highway from GGOP, at the same highway interchange. Walmart recently opened a new neighborhood market. The cities of Aventura, Hollywood, North Miami Beach and Sunny Isles have experienced enormous high density residential development, and lack affordable office space. Aventura Mall is expanding onto land formerly occupied by office buildings. These are some of the many reasons businesses are attracted to the Golden Glades Office Park, but it s the highway access that is irreplaceable: 826, 441, I-95 and the Florida Turnpike interchange all come together at this location, central to Miami-Dade and Broward Counties. The current owners are Accesso Partners, which owns and manages over a billion dollars of commercial real estate in the United States. They purchased the eight building office park a few years ago when the South Florida market was at a low point; They felt the exceptional parking ratio, coupled with the great highway access made for a compelling value. In early 2014, they sold buildings one and two, the two story buildings at the East end of the Park to ChenMed, a regional medical services provider that was honored by President Obama as the future of health care services in the United States. The offering is at the West end of the Park. The sale of these bookends will leave the owners with five buildings at the center of the Park almost debt free, which they intend to hold for their own portfolio. Building 8 (the Offering ) is an owner/user dream. This elevator served, four story building was constructed in 1972, and has undergone continued maintenance and improvements. The gross building area is 48,681 square feet, upon a fenced and paved site of 2.42 acres or 105,415 square feet. The property tax folio is Recent building assessment reports indicate no significant deferred maintenance, recent appraisals indicate a value above the $6,000,000 asking price and recent environmental reports indicate a clean building and site. This highly improved Property was almost 100% leased, with an exceptional NOI. Unfortunately for the current Owners, Azure Medical College, the tenant upon the entire 2 nd and 3 rd floors, with additional executive offices on a portion of the 1 st floor, defaulted their lease obligation. As part of the settlement with the tenant, the owners have obtained fee simple ownership of all of Azure s personal property (furniture, fixtures, computers, medical equipment), which could be made available to a new owner. The first and fourth floors are multi tenanted, with strong National and local credit tenants. The first floor is fully leased (other than the Azure offices) and the fourth floor is 100% leased. The vacant second and third floors were fully built out for Azure College of Medicine s use, and the finishes are exemplary. Since Azure occupied over 51% of the building, an owner user would qualify for SBA 504 lending, and the monthly mortgage payment would be SIGNIFICANTLY below the market rent for the mortgage. Further, the income stream from the existing tenants would actually pay WELL OVER the cost of the mortgage! A Buyer would actually be PAID every month to own this great Property! TAX FOLIO THIS OFFERING TAX FOLIO SEPARATE OFFERING TAX FOLIO SEPARATE OFFERING TAX FOLIO SOLD

3 1st and 4th FLOOR PLANS 1st FLOOR SPACE ± 10,768 RSF ( ± 3,088 AVAILABLE) RSF Suite 115 ±667 SF Suite 165 ± 2,421 SF 4TH FLOOR SPACE ± 12,571 RSF (100% LEASED)

4 FORMER MEDICAL COLLEGE - FLOOR PLANS 1st FLOOR SPACE ± 2,421SF 1st Floor Executive Offices and Large Assembly Area 2nd & 3rd Floors Turnkey Medical School Space 2nd FLOOR SPACE ± 12,005 SF (FULL FLOOR) 3rd FLOOR SPACE ± 12,005 SF (FULL FLOOR)

5 INVENTORY Perfect for corporate headquarters, educational, technical, vocational training uses Beautiful high-end finishes Lots of windows, light & bright Currently built-out for a medical college Plug and play! Furnishings, computers, school and medical equipment available MEDICAL COLLEGE INVENTORY FOR SALE CALL FOR COMPLETE LIST! TECHNOLOGICAL: Desktop Computers Laptop Computers Servers Controllers Peripheral Equipment Flat Screen Televisions Video Projectors Monitors UPS Systems MEDICAL EQUIPMENT: Dialysis Machines EKG Machines EEG Machines Autoclaves Centrifuges Blood Pressure Monitor Towers Microscopes Sonogram Machines Ventilators Respirators Anatomical Models Mannequins Skeletons Gurneys Hospital Beds Hospital Chairs Exam Tables Miscellaneous Medical & Hospital Supplies BREAK ROOMS: Refrigerator/Freezer Microwaves Kitchen Equipment Tables & Chairs Sofas TEACHING EQUIPMENT & FURNITURE: Office Desks Office Chairs Classroom Desks Classroom Chairs Podiums Lab Sinks Conference Tables File Cabinets Phone System Postage Meter Time Clock Shredders Wall Art White Boards Miscellaneous Office Supplies Full Medical Library This information is believed to be accurate, and has been obtained from sources deemed to be reliable. All information should be verified independently. We are not responsible for misstatements of facts, errors, omissions, prior lease, price change or withdrawal without notice.

6 2nd and 3rd FLOORS LIBRARY SERVER ROOM TYPICAL CLASSROOM BREAK ROOM STORAGE ROOMS PRIVATE OFFICE RESTROOMS This information is believed to be accurate, and has been obtained from sources deemed to be reliable. All information should be verified independently. We are not responsible for misstatements of facts, errors, omissions, prior lease, price change or withdrawal without notice.

7 BUILDING 8 PRO FORMA KEY FINANCING FACTS FOR AN OWNER/USER As may be seen in the adjacent pro-forma and expense estimates: The minimum monthly fair market rental value for the vacant premises is $44, The minimum monthly fair market value of the remaining premises is $37, Monthly Expenses for the entire building are $31, With a 20% down payment, the monthly mortgage payment would be $24, (See next page for preferred financing information). When additional factors such as deductions for mortgage interest, depreciation, property taxes and sales tax are considered under the US tax code, owning this building is cheaper than renting this building, by far! This information is believed to be accurate, and has been obtained from sources deemed to be reliable. All information should be verified independently. The floor plans above and herein is NOT to scale, and has not been verified for accuracy. We are not responsible for misstatements of facts, errors, omissions, prior lease, price change or withdrawal without notice.

8 BUILDING 8 PREFERRED FINANCING This information is is believed to to be accurate, and has been obtained from sources deemed to to be reliable. All information should be verified independently. The floor-plan plans above and herein is NOT to scale, and has not been verified for accuracy. We are not responsible for misstatements of of facts, errors, omissions, prior lease, price change or withdrawal without notice.

9 AREA INFORMATION ENTERPRISE ZONE INFORMATION The State of Florida and Miami-Dade County established Enterprise Zones to encourage business development, expansion and job creation in certain areas. Businesses which locate or expand in an Enterprise Zone and hire employees who live in the zone can reduce their State and Miami-Dade County tax liability, and are eligible for various incentives. MIAMI-GARDENS ZONING INFORMATION PCD, Planned Corridor Development District. Implements the CDMP Commerce land use category by allowing multiple-family residential dwellings, a wide range of commercial uses, select recreation and entertainment uses, mixed residential and commercial uses, select public and institutional uses, and places of assembly in the following urban contexts as identified in the CDMP: Urban Commercial and Office; Medium-Density Residential; Medium-High Density Residential; Urban Center; Urban Core; and Golden Glades Area. MIAMI-DADE TRANSIT SYSTEM ROUTES CITY ZONING MAP This information is believed to be accurate, and has been obtained from sources deemed to be reliable. All information should be verified independently. We are not responsible for misstatements of facts, errors, omissions, prior lease, price change or withdrawal without notice.

10 PROFILES - CITY OF MIAMI GARDENS Space & THE Plans GOLDEN GLADES OFFICE PARK At a population of 105,457, Miami Gardens is the third largest city in Miami-Dade County (after Miami and Hialeah). Located in the North -Central region of the county, mid-way between Fort Lauderdale and Miami, it is easily accessed by I-95, SR 826 (the Palmetto Expressway) and Florida s Turnpike. The city comprises approximately 20 square miles, and has excellent access to the surrounding communities of Miami Lakes, North Miami Beach, Sunny Isles and Aventura. Miami Gardens is also home to Dolphin Stadium (used by the Miami Dolphins and the University of Miami Football Teams) and Calder Race Track. Community Profile Miami Gardens is a solid, working and middle class community of unique diversity. The boundaries are: County Line Road to the North; 151st Street to the South; North Miami Avenue/NE 2nd Avenue to the East; NW 47th Avenue & NW 57th Avenue to the West AREA DEMOGRAPHICS FLORIDA DEPT. OF TRANSPORTATION TRAFFIC COUNTS It has vibrant commercial corridors along the Palmetto Expressway (serving as the central shopping district for the home furnishings, office and automotive sales trades) and along U.S. 441 (serving local retail). The city has rail access through the Florida East Coast Railway and the South Florida Tri-Rail System. The State of Florida and Miami-Dade County have targeted certain areas for the encouragement of business development, expansion and job creation, and established Enterprise Zones to encourage investment. Businesses which locate or expand in an Enterprise Zone and hire employees who live in the zone can reduce their State and Miami-Dade County tax liability, and qualify for various incentives. The Golden Glades Office Park lies in such a Zone. Directly fronting the Palmetto Expressway, the Park is an icon to Miami-Dade County motorists, due to it s extreme visibility. It has become something of an educational/medical center: Azure College of Medicine and Chen Medical Centers are located within the Park. 171,000 Cars Pass this Site Every Day 0 Exclusively Listed By: Ted Konigsberg, SIOR ted@infinitycommercial.net Infinity Commercial Real Estate Office: Fax: This information is believed to be accurate, and has been obtained from sources deemed to be reliable. All information should be verified independently. The floor plans above and herein is NOT to scale, and has not been verified for accuracy. We are not responsible for misstatements of facts, errors, omissions, prior lease, price change or withdrawal without notice.