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1341-1359 NW 88th Ave 25,548 SF 100% Leased Industrial Building Miami, FL 33172 $8,500,000 ($332.71/SF) 3.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Individually Metered for Water and Electric
- 18’ Clear Ceiling Height each Bay
- 31 Total Parking Spaces
- Tenant’s pay for their own garbage
- One (1) Street Level Front Loading Door Each Bay
- Immediate Access to NW 12th St., NW 87th Ave., SR-836, SR-826 & Fl. Turnpike, Close proximity to Miami International Airport and Port of Miami
EXECUTIVE SUMMARY
Ten (10) Office/Warehouse Bays Total: Six (6) 2,700+/- Sq. Ft. Bays and Four (4) 2,400+/- Sq. Ft. Bays
All Bays have small office and restroom
Eight (8) Units are currently leased Month-to-Month
Individually Metered for Water and Electric
Tenant’s pay for their own garbage
18’ Clear Ceiling Height each Bay
One (1) Street Level Front Loading Door Each Bay
31 Total Parking Spaces
Small Outside Storage Yard area available next to Unit 1359
Immediate Access to NW 12th St., NW 87th Ave., SR-836, SR-826 & Fl.
Turnpike, Close proximity to Miami International Airport and Port of Miami
All Bays have small office and restroom
Eight (8) Units are currently leased Month-to-Month
Individually Metered for Water and Electric
Tenant’s pay for their own garbage
18’ Clear Ceiling Height each Bay
One (1) Street Level Front Loading Door Each Bay
31 Total Parking Spaces
Small Outside Storage Yard area available next to Unit 1359
Immediate Access to NW 12th St., NW 87th Ave., SR-836, SR-826 & Fl.
Turnpike, Close proximity to Miami International Airport and Port of Miami
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- Fenced Lot
- Front Loading
- Signage
- Wheelchair Accessible
- Yard
- Storage Space
UTILITIES
- Lighting
- Water
- Sewer
- Heating
PROPERTY TAXES
| Parcel Number | 35-3033-001-0140 | Total Assessment | $3,639,752 (2025) |
| Land Assessment | $0 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
35-3033-001-0140
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$3,639,752 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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1341-1359 NW 88th Ave
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