This Industrial Property is no longer advertised on LoopNet.com.

7400 NW 37th Ave
Miami, FL 33147
Industrial Property For Sale

Property Facts

Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 3.08 AC
Rentable Building Area 109,000 SF
No. Stories 1
Year Built 1955
Tenancy Single
Parking Ratio 3.11/1,000 SF
Clear Ceiling Height 15’
No. Drive In / Grade-Level Doors 11
Zoning M1, Hialeah, 7100 - INDUSTRIAL - LIGHT MFG

About 7400 NW 37TH AVE , MIAMI, FL 33147

Longterm Absolute NNN Lease - The Property presents a rare opportunity to secure an Absolute NNN sale-leaseback with a single tenant that is a leader in supplying manufactured steel products to South Florida’s robust pipeline of active commercial developments. All of the Property’s structural and operating expenses will be the responsibility of the tenant. High Quality Tenant - RAM Steel Framing is a full-line manufacturer of drywall and structural framing, including studs, tracks, joists, and accessories for commercial and residential construction. RAM vinyl products include trims, beads and control joints for stucco, plaster, and drywall. The company is one of the fastest growing steel manufacturers in the country and the largest manufacturer in South Florida, with additional manufacturing facilities in Orlando, FL and Chesapeake, VA (acquired in 2017). High barrier to entry industry based on the cost of the required equipment, the required track record to be awarded high-profile projects, and required relationships to be awarded those projects. Strategic Location - Located within an Opportunity Zone that borders the City of Hialeah, the Property is strategically located approximately three miles from the Miami International Airport (to the South) and six and a half miles from PortMiami (to the East), via Le Jeune Road and SR 112, respectively. Adjacent to the north of the Property is an active Rail Spur that could potentially benefit the tenant’s business operations with reduced transport costs. The

Property Taxes

Property Taxes

Parcel Number
04-3108-010-0010
Land Assessment
$6,032,520
Improvements Assessment
$1,701,480
Total Assessment
$7,734,000
  • Listing ID: 18393823

  • Date on Market: 2/3/2020

  • Last Updated:

  • Address: 7400 NW 37th Ave, Miami, FL 33147

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}