Urban-High Street

111 NW 22nd Ave

111 NW 22nd Ave, Miami, FL 33125

Listing Price: $875,000

Cap Rate
3.57%
Gross SF
4,380
Rentable SF
4,380
Price/Gross SF
$199.77
Lot Size
8,781.00 acres
Year Built
1949

Investment Overview

Marcus Millichap is pleased to present for sale 113 NW 22nd Avenue, Miami, FL, 33125. The Property consists of a freestanding building with a gross leasable area totaling 4,380 square feet and a lot size of 8,781 square feet. This property presents a unique opportunity for an owner-user to acquire a turn-key Industrial / Office building in one of the tightest-vacancy submarkets in Miami. The property has impact windows with great curb appeal and is located on the intersection of NW 22nd Avenue and NW 1st Street. Additionally, the property has approximately 90 feet of frontage along NW 22nd Ave, with vehicular traffic counts amounting to an average of 19,400 vehicles per day.

The subject property is strategically located nearby Little Havanas Art & Entertainment District, and is centrally located near Coral Gables, Brickell, Coconut Grove, and Downtown Miami. The surrounding area consists of an array of major retailers and new developments.

Investment Highlights

  • Opportunity For An Owner-User To Acquire A Turn-Key Retail / Industrial Building
  • Eligible For SBA Loans -Allows Borrowers To Cover Up To 90% Of Their Acquisition Cost
  • Lease Ending July 2021-Allows Owner/User Or Investor To Reposition Lease At Mkt Rents
  • Three Roll Up Loading Doors

Exclusively Listed By

Urban-High Street

111 NW 22nd Ave

Listing Price: $875,000

Cap Rate
3.57%
Gross SF
4,380
Rentable SF
4,380
Price/Gross SF
$199.77
Lot Size
8,781.00 acres
Year Built
1949

Investment Highlights

  • Opportunity For An Owner-User To Acquire A Turn-Key Retail / Industrial Building
  • Eligible For SBA Loans -Allows Borrowers To Cover Up To 90% Of Their Acquisition Cost
  • Lease Ending July 2021-Allows Owner/User Or Investor To Reposition Lease At Mkt Rents
  • Three Roll Up Loading Doors

Investment Overview

Marcus Millichap is pleased to present for sale 113 NW 22nd Avenue, Miami, FL, 33125. The Property consists of a freestanding building with a gross leasable area totaling 4,380 square feet and a lot size of 8,781 square feet. This property presents a unique opportunity for an owner-user to acquire a turn-key Industrial / Office building in one of the tightest-vacancy submarkets in Miami. The property has impact windows with great curb appeal and is located on the intersection of NW 22nd Avenue and NW 1st Street. Additionally, the property has approximately 90 feet of frontage along NW 22nd Ave, with vehicular traffic counts amounting to an average of 19,400 vehicles per day.

The subject property is strategically located nearby Little Havanas Art & Entertainment District, and is centrally located near Coral Gables, Brickell, Coconut Grove, and Downtown Miami. The surrounding area consists of an array of major retailers and new developments.

Exclusively Listed By

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