For Sale
$10,290,000

16580-16560 10Th AveMiami Gardens, FL 33169

48,484 SF Warehouse, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a fully occupied, 48,484-square-foot warehouse located at 16580-16560 NW 10th Avenue, Miami Gardens, FL 33169. The property, situated within the Sunshine State Industrial Park, boasts a strong NNN lease structure, ensuring stable cash flow. The single-unit building, constructed in 1972 and encompassing the entire lot size, offers ample space ideal for light manufacturing, warehousing, terminal operations, or storage. With a total asking price of $10,290,000, this translates to a price per square foot of $212.23. The property is zoned 7100 INDUSTRIAL - LIGHT MFG, reflecting its suitability for a variety of industrial uses. Its strategic location provides superb connectivity and benefits from a vibrant surrounding area. This presents a compelling investment opportunity with significant potential for long-term growth and return, supported by a solid tenant foundation and the advantages of a NNN lease. The property features a building size of 24,365 square feet, with the remaining area likely comprising outdoor storage or maneuvering space. This well-maintained facility offers a rare chance to acquire a high-performing asset in a prime Miami-Dade County location. The property's APN is 34-2114-007-0030.

Highlights

  • Prime location with high visibility.
  • Excellent access to major transportation routes.
  • Thriving, high-demand neighborhood.
  • Consistent, predictable rental income.
  • Triple-net lease structure minimizes landlord responsibilities.
  • Long-term, creditworthy tenants in place.

Property Details for 16580-16560 10Th Ave

Property type
Warehouses, Industrial properties
Square Feet
48,484 SF
Year Built
1972
Buildings
1
Units
1

Location Insight

City
Miami Gardens
County
Miami-Dade
State
Florida
Latitude
25.9266684
Longitude
-80.2171304
16580-16560 10Th Ave, Miami Gardens, Florida

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16580-16560 10Th Ave
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