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1001 163Rd DrMiami Gardens, FL 33169

Net Lease Industrial Investment, High Demand

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity features two industrial properties in Miami Gardens, Florida. The portfolio includes a 15,377 square foot warehouse at 1001 NW 163rd Dr, and a second property (details not provided in this listing). Both properties are situated on substantial lots (53,303 sq ft for the smaller property, lot size of the second property not provided in this listing) and benefit from a prime location within a vibrant industrial park. The 15,377 sq ft warehouse, built in 1958, features two dock-high doors, 50 parking spaces, and is currently 100% occupied under a Net Lease agreement with a remaining term of approximately 2.4 years (commencing May 1, 2022, and expiring April 30, 2027). The property is zoned 7100 industrial. This single-story building presents a stable cash flow with significant potential for future appreciation in the strong Miami market. The portfolio offers a compelling investment opportunity due to its strategic location, superb connectivity, and the advantages of a Net Lease structure. Further details on the second property are available upon request. The listed price for the 15,377 sq ft warehouse is $4.62 million.

Highlights

  • Net lease industrial property in Miami Gardens, FL.
  • 15,377 SF single-tenant warehouse on a 53,303 SF lot.
  • Class C building with 2 dock-high doors and 50 parking spaces.
  • 100% occupancy with a remaining lease term of approximately 2.4 years (5-year lease commencing 05/01/2022).
  • APN: 34-2114-007-0060; Zoned 7100 industrial.
  • Asking price: $4.62 million.

Property Details for 1001 163Rd Dr

Property type
Warehouses, Industrial properties
Square Feet
15,377 SF
Class
C
Stories
1

Location Insight

City
Miami Gardens
County
Miami-Dade
State
Florida
Latitude
25.9256215
Longitude
-80.2174587
1001 163Rd Dr, Miami Gardens, Florida

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1001 163Rd Dr
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