Industrial•Warehouse/Distribution•For Sale

14121 – 14267 SW 119th Avenue

14121-14267 SW 119TH AVENUE, Miami, Florida 33186

Sale Price $13,250,000
Sale Type Investment
Zoning IU-C
Bldg Type Multi-Tenant
Stories 2
Cap Rate 6.50%
Vacancy 100%
Gross Bldg 121,458 SqFt
Land Area 5.18 Acres
Ceiling Height 22.0 Ft
Dock High Doors 3
Improvements Situated on a level to grade rectangular shaped interior parcel, with direct frontage along the Florida Turnpike.
Net Op Inc $860,399
Market Miami
Sub-Market Southwest Dade Ind Submarket
***Principals Only*** Central Commercial RE is pleased to present the opportunity to acquire five Industrial / Flex building portfolio (121,457sf) on 5.18 acres in Miami, FL with direct frontage along the Florida Turnpike. Years built: 1982 - 2001 - 2008. 100% Occupancy with short term leases and under market rents. Under one Folio. Signed CA required for Offering Memorandum, Please email Ejordan@centralcommercialre.com Warehouse building for lease Situated on a rectangular shaped interior parcel, with direct frontage along the Florida Turnpike.
  • Direct frontage along the Florida Turnpike (163,500VPD)
  • Value Add Opportunity by raising rents to market rate
  • Stabilized Cash Flow with solid tenant base and High historical occupancy level
  • Under one Folio # 30-5924-004-0045
  • Min clear height 16'+/-, Max. Clear Height 22'+/-
  • Benefit from improved operating efficiencies through economies of scale
  • Heavy 3 phase power
  • HVAC
  • Building No. 3, No. 4 and No. 5 contain 100% Overhead Sprinkler systems
  • Twin “T” ceiling and block walls with polished concrete floors throughout
2/6/2019 9:10:06 PM 2/6/2019 9:10:25 PM
Diamela Burguera
Realtor
Central Commercial Real Estate

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