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1001 NW 72nd St
Miami, FL 33150
MODEL CITY WAREHOUSE · Industrial Property For Sale
Investment Highlights
- Fully leased heavy industrial/manufacturing facility — immediate cash flow
- IU-2 heavy industrial zoning — broad permitted use set (manufacturing, fabrication, logistics, warehouse, distribution)
- Built-out office, conference room, and break room attached to a secure warehouse bay
- $180,000 gross annual rent on a 7–10 year lease term
- 31,473 SF fenced lot with covered and open outdoor storage
- Central Little River/Gladeview location with fast access to Miami International Airport, PortMiami, and primary Miami-Dade transportation corridors
Executive Summary
Fully-leased heavy industrial asset, $15,000/mo, near MIA & PortMiami. This is an income-producing heavy industrial asset in one of Miami's tightest industrial corridors. The 3,600+ SF building sits on a fenced 31,473 SF lot combining covered building area with open and partially covered outdoor storage, a configuration in real demand and short supply across Miami-Dade's industrial submarkets.
The property is fully leased to a heavy manufacturing tenant on a 7 to 10 year term, generating $15,000 per month ($180,000 annually) in gross rent, with tenant signage limited to the front door and windows. IU-2 heavy industrial zoning supports a wide range of uses, including manufacturing, fabrication, logistics, warehousing, and distribution, giving a future owner flexibility well beyond the current tenant's use.
Interior improvements include a built-out office suite with a conference room and break room, attached to a small, secure warehouse bay. Extensive on-site parking accommodates staff, commercial vehicles, and equipment. The location offers direct, fast access to Miami International Airport, PortMiami, and Miami-Dade's core transportation arteries, a meaningful advantage for logistics and distribution oriented users. Renovated 2017; limited industrial inventory in the surrounding submarket
This is a fit for 1031 exchange buyers, income-focused industrial investors, and portfolio buyers looking to place capital in a market where industrial inventory remains structurally constrained. Offered all-cash. Contact the listing team for current lease abstract, financials, and a private tour.
The property is fully leased to a heavy manufacturing tenant on a 7 to 10 year term, generating $15,000 per month ($180,000 annually) in gross rent, with tenant signage limited to the front door and windows. IU-2 heavy industrial zoning supports a wide range of uses, including manufacturing, fabrication, logistics, warehousing, and distribution, giving a future owner flexibility well beyond the current tenant's use.
Interior improvements include a built-out office suite with a conference room and break room, attached to a small, secure warehouse bay. Extensive on-site parking accommodates staff, commercial vehicles, and equipment. The location offers direct, fast access to Miami International Airport, PortMiami, and Miami-Dade's core transportation arteries, a meaningful advantage for logistics and distribution oriented users. Renovated 2017; limited industrial inventory in the surrounding submarket
This is a fit for 1031 exchange buyers, income-focused industrial investors, and portfolio buyers looking to place capital in a market where industrial inventory remains structurally constrained. Offered all-cash. Contact the listing team for current lease abstract, financials, and a private tour.
Property Facts
| Sale Type | Investment | Rentable Building Area | 3,600 SF |
| Cap Rate | 5.14% | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1968 |
| Property Subtype | Warehouse | Parking Ratio | 3.89/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.60 AC | Opportunity Zone |
Yes
|
| Zoning | 7300 - Heavy Industrial Zoning I-U2 . | ||
| Sale Type | Investment |
| Cap Rate | 5.14% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.60 AC |
| Rentable Building Area | 3,600 SF |
| No. Stories | 1 |
| Year Built | 1968 |
| Parking Ratio | 3.89/1,000 SF |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | 7300 - Heavy Industrial Zoning I-U2 . |
Amenities
- Fenced Lot
- Storage Space
Utilities
- Lighting
- Gas
- Water - County Water
- Sewer - County Sewer
- Heating
Property Taxes
| Parcel Number | 30-3111-035-4385 | Improvements Assessment | $83,067 |
| Land Assessment | $944,190 | Total Assessment | $1,027,257 |
Property Taxes
Parcel Number
30-3111-035-4385
Land Assessment
$944,190
Improvements Assessment
$83,067
Total Assessment
$1,027,257
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