Warehouse – 17,962 Square Feet in Miami, FL – Value-Add Opportunity

Category: Warehouse / Distribution

Price:$2,700,000

Location: Miami, FL

Year Built: 1968

Days on Market: 34

Description:

Potential Upside, reposition, & value-add. Reposition this 4-bay Industrial (IU-1) freestanding warehouse offering off 183rd Street | Miami Gardens Drive, Miami, FL. Increase to market rents as leases turn over. Desirable central location in Miami Gardens submarket across from the Publix Distribution Warehouse and just off I-95 north of the Golden Glades Interchange between Miami & Fort Lauderdale Airports & Ports. Within driving distance to Miami Gardens Square Shopping Mall, MasTec Miami Gardens Service Center, Miami Dade County Transit NE Division, & Walmart Super Center. See attached OM or text name and email to Broker for OM.

Mutli-bay warehouse with undermarket rents for value add/upside through increasing the rents. Currently used by four tenants, potential for 7 bays.

Listing Code: 1103366160