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Lakes Edge Innovation Center 9000 NW 15th St 80,158 SF 100% Leased Industrial Building Doral, FL 33172 For Sale



Investment Highlights
- Eight-tenant configuration with diversification across industries for revenue stability.
- Lakefront setting and upgraded aesthetics uncommon for industrial product.
- Immediate proximity to major dining, retail, hotel, and entertainment venues.
- Anticipated conversion to NNN leases enhances expense recovery and investor returns.
- Strong leasing velocity in Doral, supported by low vacancy and supply constraints.
- Positioned within a high-growth city with robust population and economic expansion.
Executive Summary
Lakes Edge Innovation Center is a modern, boutique mixed use industrial campus totaling approximately 80,158 square feet on 5.34 acres, located in the highly desirable Doral/Airport West submarket of South Florida. Originally developed between 1979 and the 1980s as an aircraft parts manufacturing facility, the property has been continually modernized to attract high-quality, high-paying tenants. Upgrades include storefront glass, landscaping, HVAC, ample parking, and substantial power capacity. The tenant mix spans medical products, pharmaceuticals, life sciences, laboratories, and high-value logistics. Uniquely, tenants have made significant capital investments in their own spaces, with most leases completed on an “as-is” basis since 2020. Existing buildouts include clean rooms, heavy power infrastructure, pharmaceutical vaults, high-end offices, FDA-approved labs, and a professional-grade soundstage.
OFFERING HIGHLIGHTS
• Ideal mix of highly functional spaces
• Property continues to be “re-imagined”, attracting higher paying & longer-term tenants
• Diversification of tenants proves the property’s wide range of upscaled uses
• Convert leases to a NNN lease structure to ensure full expense recoveries
• The property’s units are highly improved and below market value
• Serene lakefront setting & lush curb appeal (typically not available for these uses)
• Significant existing revenue stream in place for a new owner
• Continue to move the proposed uses up & into higher rents
LOCATION HIGHLIGHTS
• Excellent Leasing Velocity & Diverse Tenancy
• Doral has virtually no vacancy in any asset class
• Unprecedented rental growth over the past 18 months
• Very limited new supply of any new space. None of which accommodates smaller tenants.
Tremendous Growth for Industrial, Tech & Office
• Doral is experiencing some of the highest levels of population growth in the nation
• Doral has delivered and continues to deliver 1,000’s of new homes
• Doral has very high barriers of entry with extremely high land and construction costs
Exceptional Nearby Amenity Base
• Wide range of dining options, from QSRs and coffee shops to full service sitdown restaurants and bars, and Dolphin Mall, including: Flanigan’s Seafood Bar & Grill, Chili’s, Il Forno Ristorante, Five Guys, Novecento, Savour, Macondo Coffee Roasters, Top Golf, and more.
• Tons of nearby hotels including: Trump Doral International, Courtyard by Marriott, Holiday Inn, Hilton Garden Inn, Inter-Continental, Marriot’s Villas at Doral, DoubleTree by Hilton, Hampton Inn & Suites, and many more.
OFFERING HIGHLIGHTS
• Ideal mix of highly functional spaces
• Property continues to be “re-imagined”, attracting higher paying & longer-term tenants
• Diversification of tenants proves the property’s wide range of upscaled uses
• Convert leases to a NNN lease structure to ensure full expense recoveries
• The property’s units are highly improved and below market value
• Serene lakefront setting & lush curb appeal (typically not available for these uses)
• Significant existing revenue stream in place for a new owner
• Continue to move the proposed uses up & into higher rents
LOCATION HIGHLIGHTS
• Excellent Leasing Velocity & Diverse Tenancy
• Doral has virtually no vacancy in any asset class
• Unprecedented rental growth over the past 18 months
• Very limited new supply of any new space. None of which accommodates smaller tenants.
Tremendous Growth for Industrial, Tech & Office
• Doral is experiencing some of the highest levels of population growth in the nation
• Doral has delivered and continues to deliver 1,000’s of new homes
• Doral has very high barriers of entry with extremely high land and construction costs
Exceptional Nearby Amenity Base
• Wide range of dining options, from QSRs and coffee shops to full service sitdown restaurants and bars, and Dolphin Mall, including: Flanigan’s Seafood Bar & Grill, Chili’s, Il Forno Ristorante, Five Guys, Novecento, Savour, Macondo Coffee Roasters, Top Golf, and more.
• Tons of nearby hotels including: Trump Doral International, Courtyard by Marriott, Holiday Inn, Hilton Garden Inn, Inter-Continental, Marriot’s Villas at Doral, DoubleTree by Hilton, Hampton Inn & Suites, and many more.
Property Facts
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Industrial | Year Built/Renovated | 1979/2007 |
| Property Subtype | Warehouse | Parking Ratio | 3.93/1,000 SF |
| Building Class | B | Clear Ceiling Height | 20’ |
| Lot Size | 5.34 AC | No. Drive In / Grade-Level Doors | 5 |
| Rentable Building Area | 80,158 SF | ||
| Zoning | I - Commercial Condo | ||
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 5.34 AC |
| Rentable Building Area | 80,158 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1979/2007 |
| Parking Ratio | 3.93/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 5 |
| Zoning | I - Commercial Condo |
Amenities
- Front Loading
- Mezzanine
- Signage
- Waterfront
- Air Conditioning
Utilities
- Lighting
- Water
- Sewer
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $642,500 | Total Assessment | $642,500 |
Property Taxes
Parcel Numbers
Land Assessment
$642,500
Improvements Assessment
$0
Total Assessment
$642,500
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Lakes Edge Innovation Center | 9000 NW 15th St
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