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21291	
  NE	
  28th Avenue,	
  Aventura,	
  FL	
  33160
Presented	
  By	
  Marina	
  Solo
Commercial	
  Division	
  DECORUS	
  Realty,	
  LLC
Direct	
  E-­‐mail	
  msolo@marinasolo.com Direct	
  Line	
  +1.954.850.9455	
  
THE BUILDING
This articulation of unsurpassed elegance is blended with all the components necessary for a 21st Century
Medical Building. The ICON Medical Tower is located just steps away from the Aventura Hospital campus and
its newly accredited Trauma II facility. It is strategically positioned amongst the most diverse and densely
populated city of Aventura, which is quickly developing into a source for highly respected and sought after
medical professionals in all medical disciplines. The project is built with emphasis on the needs of the physician
and the welfareof the patient.
ICON Medical Tower offers over 120,000 square feet of private medical offices perched atop a parking pedestal
with over 540 parking spaces. In addition, the building will have both first floor and mezzanine space totaling
13,000 squarefeettoaccommodateancillary medical usessuch as
surgical rooms, a diagnostic imaging center, and laboratory and pharmacy areas. The developer has met its
communityresponsibilitybycommitmenttohighlydemandingGold LEED Certification.
LOCATION
Aventura is a thriving world renowned city
located on the northern border of Miami
Dade County and minutes away from
Hollywood, Ft. Lauderdale and the rest of
Broward County. Great entertainment is
just minutes away from Aventura Mall,
Gulsftream Park and the Turnberry Golf
Club.
The city will soon be home to Icon Medical
Tower, located just steps away from
Aventura hospital, in the heart of the
Aventuramedicaldistrict.
AMENITIES
Icon	
  is	
  an	
  exclusive	
  medical	
  use	
  tower
All	
  corridors	
  have	
  natural	
  light	
  and	
  6ft+	
  width,	
  no	
  interior	
  corridors
Lobbies	
  and	
  corridors	
  generously	
  sized	
  to	
  accommodate	
  patient	
  population	
  and	
  medical	
  equipment
Class	
  A	
  Plus	
  lobby	
  area,	
  Concierge,	
  Convenience	
  store,	
  waiting	
  area
Emergency	
  stand-­‐by	
  power	
  for	
  essential	
  building	
  systems	
  and	
  medical	
  equipment
Mechanical	
  chases	
  adjoining	
  each	
  suite	
  facilitating	
  future	
  installation	
  of	
  medical	
  and	
  building	
  technologies
Plumbing	
  stacks	
  adjoining	
  each	
  suite	
  facilitating	
  medical	
  equipment	
  and	
  sanitary	
  installations
Provisions	
  for	
  med	
  gas	
  equipment	
  and	
  cylinders	
  storage
Remotely	
  located	
  mechanical	
  plant	
  and	
  main	
  electrical	
  equipment	
  to	
  reduce	
  ambient	
  noise
Suites	
  from	
  923	
  square	
  feet
Up	
  to	
  13,000	
  square	
  feet	
  of	
  ground	
  floor	
  and	
  mezzanine	
  space	
  accessible	
  through	
  the	
  lobby,	
  for	
  all	
  clients	
  
entering	
  the	
  property
7,000	
  square	
  foot	
  meditation	
  terrace	
  garden	
  on	
  8th	
  floor
Custom	
  design	
  your	
  own	
  suite
Garage	
  parking	
  with	
  over	
  5	
  spaces	
  per	
  1,000	
  square	
  feet
Reserved	
  parking	
  and	
  valet	
  parking	
  available
Covered	
  pick-­‐up/drop	
  off	
  area
LEED	
  Gold	
  Certified
FLOOR	
  PLANS
Class	
  A	
  Plus	
  lobby	
  area,	
  Concierge,	
  Convenience	
  store,	
  waiting	
  area
Up	
  to	
  13,000	
  square	
  feet	
  of	
  ground	
  floor	
  and	
  mezzanine	
  space	
  accessible	
  through	
  the	
  lobby,	
  for	
  all	
  clients	
  entering	
  the	
  
property.	
  
All	
  corridors	
  have	
  natural	
  light	
  and	
  6ft+	
  width,	
  no	
  interior	
  corridors.
Lobbies	
  and	
  corridors	
  generously	
  sized	
  to	
  accommodate	
  patient	
  population	
  and	
  medical	
  equipment
Remotely	
  located	
  mechanical	
  plant	
  and	
  main	
  electrical	
  equipment	
  to	
  reduce	
  ambient	
  noise
Emergency	
  stand-­‐by	
  power	
  for	
  essential	
  building	
  systems	
  and	
  medical	
  equipment
Provisions	
  for	
  med	
  gas	
  equipment	
  and	
  cylinders	
  storage
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
7,000	
  square	
  foot	
  meditation	
  terrace	
  garden	
  on	
  8th	
  floor
PRICES	
  starting	
  at	
  $550.00	
  per	
  SQ.	
  FT.	
  
LEASE	
  offered	
  at	
  $42.00	
  per	
  SQ.	
  FT.	
  
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.
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	
  Income
7%	
  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	
  andLoan	
  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

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ICON Medical Tower For Sale or Lease in Aventura

  • 1. 21291  NE  28th Avenue,  Aventura,  FL  33160 Presented  By  Marina  Solo Commercial  Division  DECORUS  Realty,  LLC Direct  E-­‐mail  msolo@marinasolo.com Direct  Line  +1.954.850.9455  
  • 2.
  • 3. THE BUILDING This articulation of unsurpassed elegance is blended with all the components necessary for a 21st Century Medical Building. The ICON Medical Tower is located just steps away from the Aventura Hospital campus and its newly accredited Trauma II facility. It is strategically positioned amongst the most diverse and densely populated city of Aventura, which is quickly developing into a source for highly respected and sought after medical professionals in all medical disciplines. The project is built with emphasis on the needs of the physician and the welfareof the patient. ICON Medical Tower offers over 120,000 square feet of private medical offices perched atop a parking pedestal with over 540 parking spaces. In addition, the building will have both first floor and mezzanine space totaling 13,000 squarefeettoaccommodateancillary medical usessuch as surgical rooms, a diagnostic imaging center, and laboratory and pharmacy areas. The developer has met its communityresponsibilitybycommitmenttohighlydemandingGold LEED Certification.
  • 4.
  • 5. LOCATION Aventura is a thriving world renowned city located on the northern border of Miami Dade County and minutes away from Hollywood, Ft. Lauderdale and the rest of Broward County. Great entertainment is just minutes away from Aventura Mall, Gulsftream Park and the Turnberry Golf Club. The city will soon be home to Icon Medical Tower, located just steps away from Aventura hospital, in the heart of the Aventuramedicaldistrict.
  • 6.
  • 7. AMENITIES Icon  is  an  exclusive  medical  use  tower All  corridors  have  natural  light  and  6ft+  width,  no  interior  corridors Lobbies  and  corridors  generously  sized  to  accommodate  patient  population  and  medical  equipment Class  A  Plus  lobby  area,  Concierge,  Convenience  store,  waiting  area Emergency  stand-­‐by  power  for  essential  building  systems  and  medical  equipment Mechanical  chases  adjoining  each  suite  facilitating  future  installation  of  medical  and  building  technologies Plumbing  stacks  adjoining  each  suite  facilitating  medical  equipment  and  sanitary  installations Provisions  for  med  gas  equipment  and  cylinders  storage Remotely  located  mechanical  plant  and  main  electrical  equipment  to  reduce  ambient  noise Suites  from  923  square  feet Up  to  13,000  square  feet  of  ground  floor  and  mezzanine  space  accessible  through  the  lobby,  for  all  clients   entering  the  property 7,000  square  foot  meditation  terrace  garden  on  8th  floor Custom  design  your  own  suite Garage  parking  with  over  5  spaces  per  1,000  square  feet Reserved  parking  and  valet  parking  available Covered  pick-­‐up/drop  off  area LEED  Gold  Certified
  • 8.
  • 9. FLOOR  PLANS Class  A  Plus  lobby  area,  Concierge,  Convenience  store,  waiting  area Up  to  13,000  square  feet  of  ground  floor  and  mezzanine  space  accessible  through  the  lobby,  for  all  clients  entering  the   property.  
  • 10. All  corridors  have  natural  light  and  6ft+  width,  no  interior  corridors. Lobbies  and  corridors  generously  sized  to  accommodate  patient  population  and  medical  equipment Remotely  located  mechanical  plant  and  main  electrical  equipment  to  reduce  ambient  noise Emergency  stand-­‐by  power  for  essential  building  systems  and  medical  equipment Provisions  for  med  gas  equipment  and  cylinders  storage
  • 11. 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
  • 12. 7,000  square  foot  meditation  terrace  garden  on  8th  floor
  • 13.
  • 14. PRICES  starting  at  $550.00  per  SQ.  FT.   LEASE  offered  at  $42.00  per  SQ.  FT.  
  • 15.
  • 16. 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.
  • 17. 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  Income 7%  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  andLoan  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