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Flex Warehouses 20200 NW 2nd Ave 10,756 SF 32% Leased Industrial Building Miami, FL 33169 $3,400,000 ($316.10/SF) 6.18% Cap Rate

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Executive Summary

One of a kind sale of 7 flex space warehouses within an industrial complex off of 441. All units have built out offices and bathrooms, 6 of the 7 units are currently rented. Units have 19 Ft ceilings, legal mezzanines with concrete sub-floor, 10x12 electric garage doors all within a gated complex.
See attachment for individual unit info.

Flex_Warehouses_for_Sale

Property Facts

Price	$3,400,000	Rentable Building Area	10,756 SF
Price Per SF	$316.10	No. Stories	1
Sale Type	Investment or Owner User	Year Built	2007
Cap Rate	6.18%	Parking Ratio	0.19/1,000 SF
Property Type	Industrial	Clear Ceiling Height	20’
Property Subtype	Warehouse Flex Light Manufacturing Industrial Distribution FlexLight Distribution	No. Drive In / Grade-Level Doors	7
Building Class	B	Parcel Number	34-1136-061-0001
Lot Size	2.79 AC
Zoning	BU-2 - Light Industrial

Price	$3,400,000
Price Per SF	$316.10
Sale Type	Investment or Owner User
Cap Rate	6.18%
Property Type	Industrial
Property Subtype	Warehouse Flex Light Manufacturing Industrial Distribution FlexLight Distribution
Building Class	B
Lot Size	2.79 AC
Rentable Building Area	10,756 SF
No. Stories	1
Year Built	2007
Parking Ratio	0.19/1,000 SF
Clear Ceiling Height	20’
No. Drive In / Grade-Level Doors	7
Zoning	BU-2 - Light Industrial
Parcel Number	34-1136-061-0001