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509-517 NW 72nd St
Miami, FL 33150
Little River Fully Leased Investment · Industrial Property For Sale

INVESTMENT HIGHLIGHTS

  • Property provides visibility for signage opportunities to I-95
  • Potential for additional parking on billboard land
  • Additional Income from Billboard
  • Easy access to I-95 and the railway
  • Fully occupied with MTM Leases

PROPERTY FACTS

Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Showroom
Building Class C
Lot Size 0.48 AC
Rentable Building Area 18,125 SF
No. Stories 1
Year Built 1955
Parking Ratio 0.28/1,000 SF
Clear Ceiling Height 16’
No. Drive In / Grade-Level Doors 4
Zoning D-1 - District Industrial

AMENITIES

  • Front Loading
  • Signage
  • Storage Space

UTILITIES

  • Lighting
  • Water
  • Sewer
  • Heating

ABOUT 509-517 NW 72ND ST , MIAMI, FL 33150

Metro 1 is pleased to present the opportunity to acquire a 18,125 SF industrial building that sits on a 26,447 SF lot. The property is subdivided into 4 spaces of 4,500 SF each and is leased at under-market rents. Approximately 50% of current market rents. All leases are Month to Month giving the next owner maximum flexibility. The property also has additional income from a billboard that overlooks I-95 with ten years remaining on the billboard lease. This property is located in the up and coming Little River Business District which has seen great demand from tenants being displaced from neighboring districts. This is a prime last mile location adjacent to I-95.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 01-3112-025-0070
  • 01-3112-025-0071
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,274,407
  • Listing ID: 11896655

  • Date on Market: 3/13/2018

  • Last Updated:

  • Address: 509-517 NW 72nd St, Miami, FL 33150

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