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7291 NW 74th St 54,413 SF 100% Leased Industrial Building Medley, FL 33166 $12,500,000 ($229.72/SF) 6.50% Cap Rate
Investment Highlights
- Asset Type: Modern flex building featuring valuable existing production studios and office space, offering significant adaptability for businesses
- Occupancy: Currently owner-occupied by Mediapro Group, a global audiovisual leader.
- Investment Appeal: Exceptional opportunity to acquire a high-quality industrial asset with strong land value in Medley, secured by a sale-leaseback
- Size: Approximately 54,413 rentable square feet, situated on a 2.1-acre parcel.
- Strategic Location: Located in Medley, a premier industrial hub with immediate access to Miami International Airport.
Executive Summary
Prime opportunity to acquire a high-quality flex asset with strong land value in Medley, secured by a sale-leaseback with a reliable tenant.
Summary
Asset Type: Modern flex building featuring valuable existing production studios and office space, offering significant adaptability for various business models.
Size: Approximately 54,413 rentable square feet, situated on a 2.1-acre parcel.
Occupancy: Currently owner-occupied by Mediapro Group, a global audiovisual leader.
Strategic Location: Located in Medley, a premier industrial hub with immediate access to Miami International Airport.
Investment Appeal: Exceptional opportunity to acquire a high-quality industrial asset with strong land value in Medley, secured by a sale-leaseback with a reliable tenant.
Summary
Asset Type: Modern flex building featuring valuable existing production studios and office space, offering significant adaptability for various business models.
Size: Approximately 54,413 rentable square feet, situated on a 2.1-acre parcel.
Occupancy: Currently owner-occupied by Mediapro Group, a global audiovisual leader.
Strategic Location: Located in Medley, a premier industrial hub with immediate access to Miami International Airport.
Investment Appeal: Exceptional opportunity to acquire a high-quality industrial asset with strong land value in Medley, secured by a sale-leaseback with a reliable tenant.
Property Facts
| Price | $12,500,000 | Building Class | C |
| Price Per SF | $229.72 | Lot Size | 2.10 AC |
| Sale Type | Investment or Owner User | Rentable Building Area | 54,413 SF |
| Cap Rate | 6.50% | No. Stories | 2 |
| Sale Condition | Sale Leaseback | Year Built | 1972 |
| Property Type | Industrial | Parking Ratio | 3.31/1,000 SF |
| Property Subtype | Warehouse | Opportunity Zone |
Yes
|
| Zoning | M-1 | ||
| Price | $12,500,000 |
| Price Per SF | $229.72 |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.50% |
| Sale Condition | Sale Leaseback |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 2.10 AC |
| Rentable Building Area | 54,413 SF |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 3.31/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | M-1 |
1 1
Property Taxes
| Parcel Number | 22-3011-002-0663 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $12,567,123 |
Property Taxes
Parcel Number
22-3011-002-0663
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$12,567,123
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