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Warehouse

Miami River small bay Industrial

3700 NW S River Dr, Miami, FL 33142

Listing Price: $6,600,000

Cap Rate
4.10%
Gross SF
25,616
Price/Gross SF
$257.65
Lot Size
1.29 acres
Year Built
1978
Rentable SF
25,600

Investment Overview

The Property consists of 19 units, with 20-foot clear heights and an average of 1350 square feet per bay. It is currently 100- percent occupied with most tenants on short term or month-to-month leases at rates substantially below market. Miami river has seen a very strong development pipeline
over the last few years ranging from residential, retail, hospitality and entertainment
projects

Investment Highlights

  • Desirable Value add small bay industrial
  • Strategic location near expressways, across from the Miami river and near the entrance of Miami International Airport
  • Large 1.29 Acre lot offers the ability to potentially re-develop the property in the future

Exclusively Listed By

Warehouse

Miami River small bay Industrial

Listing Price: $6,600,000

Cap Rate
4.10%
Gross SF
25,616
Price/Gross SF
$257.65
Lot Size
1.29 acres
Year Built
1978
Rentable SF
25,600

Investment Highlights

  • Desirable Value add small bay industrial
  • Strategic location near expressways, across from the Miami river and near the entrance of Miami International Airport
  • Large 1.29 Acre lot offers the ability to potentially re-develop the property in the future

Investment Overview

The Property consists of 19 units, with 20-foot clear heights and an average of 1350 square feet per bay. It is currently 100- percent occupied with most tenants on short term or month-to-month leases at rates substantially below market. Miami river has seen a very strong development pipeline over the last few years ranging from residential, retail, hospitality and entertainment projects

Exclusively Listed By

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