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4200-4250 NW 72nd Ave 26,904 SF 16% Leased Industrial Building Miami, FL 33166 $6,800,000 ($252.75/SF) 5.22% Cap Rate

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Investment Highlights

Prime Warehouse/Flex Industrial Space with exposure to NW 72nd Ave
Over 36,000 vehicles per day
Easy access from (SR 826) Palmetto Expressway and close to (MIA) Miami International Airport

Commercial Kitchen
Corner lot fronting NW 72nd Ave

Executive Summary

Smith Commercial Property Group is pleased to offer for sale this unique Industrial/Flex Warehouse located at 4200-4250 NW 72nd Avenue in Miami, Florida. The subject property consists of +/-v26,904 SF sitting on +/- 43,909 SF lot fronting NW 72nd Ave, a major corridor with over 36,000 vehicles per day. There are currently two stable tenants in place including a Latin Café that has been operating at the property for over 15 years.
This is a rare opportunity for an Investor or an Owner/Investor to own an Industrial/Flex property in a prime location with a Commercial Kitchen in place which is in high-demand in South Florida.

Brochure-4200-4250 NW 72nd Ave

Property Facts Under Contract

Price	$6,800,000	Rentable Building Area	26,904 SF
Price Per SF	$252.75	No. Stories	1
Sale Type	Investment	Year Built	1982
Cap Rate	5.22%	Parking Ratio	1.3/1,000 SF
Property Type	Industrial	Clear Ceiling Height	20’
Property Subtype	Warehouse General Retail Auto Dealership General Retail Restaurant Showroom	No. Drive In / Grade-Level Doors	12
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	1.01 AC
Zoning	IU-2 - 7300 INDUSTRIAL - HEAVY MFG

Price	$6,800,000
Price Per SF	$252.75
Sale Type	Investment
Cap Rate	5.22%
Property Type	Industrial
Property Subtype	Warehouse General Retail Auto Dealership General Retail Restaurant Showroom
Building Class	C
Lot Size	1.01 AC
Rentable Building Area	26,904 SF
No. Stories	1
Year Built	1982
Parking Ratio	1.3/1,000 SF
Clear Ceiling Height	20’
No. Drive In / Grade-Level Doors	12
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	IU-2 - 7300 INDUSTRIAL - HEAVY MFG