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

Property Facts
| Property Type | Industrial | Year Built | 1955 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | Parking Ratio | 3.11/1,000 SF |
| Lot Size | 3.08 AC | Clear Ceiling Height | 15’ |
| Rentable Building Area | 109,000 SF | No. Drive In / Grade-Level Doors | 11 |
| No. Stories | 1 | ||
| Zoning | M1, Hialeah, 7100 - INDUSTRIAL - LIGHT MFG | ||
| 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
| Parcel Number | 04-3108-010-0010 | Improvements Assessment | $1,701,480 |
| Land Assessment | $6,032,520 | Total Assessment | $7,734,000 |
Property Taxes
Listing ID: 18393823
Date on Market: 2/3/2020
Last Updated:
Address: 7400 NW 37th Ave, Miami, FL 33147
The Gladeview Industrial Property at 7400 NW 37th Ave, Miami, FL 33147 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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