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Rail 71 7201-7275 NE 4th Ave 127,562 SF 92% Leased Flex Building Miami, FL 33138 $42,500,000 ($333.17/SF) 9.07% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Prime Location: Located in Miami's vibrant Little River neighborhood, Rail 71 blends cultural heritage with a thriving creative scene.
  • Target Tenant Base: Designed for Class A creative industries, cool office spaces, and versatile flex showrooms.
  • Proven Market: A limited supply of renovated flex industrial spaces in a high-demand area ensures continued tenant interest.
  • Value-Add Opportunity: Below-market rents offer significant potential for value enhancement through strategic upgrades.
  • Stable Income: Offers steady cash flow with strong lease rollover dynamics for reliable financial stability.
  • Long-Term Growth: Positioned for sustained growth with strong rent appreciation and high-occupancy trends.

EXECUTIVE SUMMARY

Rail 71 at 7201-7275 NE 4th Avenue is a premier flex industrial property in Miami's thriving Little River neighborhood. This investment offers a compelling opportunity to acquire a value-add asset with current rents significantly below market rates, providing immediate cash flow and the potential for substantial upside as leases roll to fair value.

Strategically situated in one of Miami's most dynamic and rapidly evolving neighborhoods, the property attracts a tenant base aligned with Class A creative industries, chic office users, and flex showrooms. This project can achieve market-aligned rents through proactive management and minimal capital investment while delivering stable, long-term income and great risk-adjusted returns.

Little River's transformation into a vibrant cultural and business hub, combined with a limited supply of high-quality flex industrial space, creates a highly favorable environment for sustained rent growth and occupancy. Rail 71 is well-positioned to capitalize on this trend, offering investors strong risk-adjusted returns in a resilient asset class. This unique combination of in-place income, operational efficiency, and market-driven growth makes it an ideal opportunity for investors seeking to maximize value in Miami's competitive real estate market.

PROPERTY FACTS

Price $42,500,000
Price Per SF $333.17
Sale Type Investment
Cap Rate 9.07%
Property Type Flex
Property Subtype
Showroom
  • OfficeLoft Creative Space
Building Class A
Lot Size 3.69 AC
Rentable Building Area 127,562 SF
No. Stories 1
Year Built/Renovated 1955/2014
Parking Ratio 1.37/1,000 SF
Clear Ceiling Height 18’
No. Dock-High Doors/Loading 22
No. Drive In / Grade-Level Doors 5
Opportunity Zone Yes
Zoning D2 - Industrial

AMENITIES

  • 24 Hour Access
  • Air Conditioning

UTILITIES

  • Lighting
  • Water
  • Sewer
Walk Score®
Very Walkable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-3207-052-0010
Land Assessment
$5,628,280
Improvements Assessment
$19,511,720
Total Assessment
$25,140,000
  • Listing ID: 33995245

  • Date on Market: 11/25/2024

  • Last Updated:

  • Address: 7201-7275 NE 4th Ave, Miami, FL 33138

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