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Warehouse

Miami Small bay industrial

3636 NW 48th Terrace, Miami, FL 33142

Listing Price: $2,400,000

Cap Rate
4.00%
Gross SF
9,007
Price/Gross SF
$266.46
Lot Size
0.38 acres
Year Built
1961
Rentable SF
9,007

Investment Overview

Marcus & Millichap, as the exclusive advisor, is pleased to present for sale 3624 – 3636 NW 48 Terrace, (the “Property”), a combined 9,000 square-foot small- bay industrial buildings located on a 16,500 square- foot lot in Miami, Florida.
Strategically located in the unincorporated area of Miami-Dade County just off the 112 Expressway, this
two-folio property is centrally situated near Miami International Airport, Hialeah, Allapattah and Medley.
The property consists of two adjacent warehouses : A two bay warehouse, single tenant building with outdoor storage. Currently 100-percent occupied with short term or month-to- month leases at rates substantially below market.
Ownership is motived and open to seller financing with reasonable terms!

Investment Highlights

  • Desirable Value add small bay industrial
  • Strategic location near expressways and Miami International Airport
  • Outside storage with metal gate

Exclusively Listed By

Warehouse

Miami Small bay industrial

Listing Price: $2,400,000

Cap Rate
4.00%
Gross SF
9,007
Price/Gross SF
$266.46
Lot Size
0.38 acres
Year Built
1961
Rentable SF
9,007

Investment Highlights

  • Desirable Value add small bay industrial
  • Strategic location near expressways and Miami International Airport
  • Outside storage with metal gate

Investment Overview

Marcus & Millichap, as the exclusive advisor, is pleased to present for sale 3624 – 3636 NW 48 Terrace, (the “Property”), a combined 9,000 square-foot small- bay industrial buildings located on a 16,500 square- foot lot in Miami, Florida. Strategically located in the unincorporated area of Miami-Dade County just off the 112 Expressway, this two-folio property is centrally situated near Miami International Airport, Hialeah, Allapattah and Medley. The property consists of two adjacent warehouses : A two bay warehouse, single tenant building with outdoor storage. Currently 100-percent occupied with short term or month-to- month leases at rates substantially below market. Ownership is motived and open to seller financing with reasonable terms!

Exclusively Listed By

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