For Sale
$4,620,000

1001 163Rd DrMiami Gardens, FL 33169

15,377 SF Warehouse, Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 15,377-square-foot warehouse, located at 1001 NW 163rd Drive in Miami Gardens, Florida, presents a compelling value-add investment opportunity. Situated on a 53,303-square-foot lot (APN 34-2114-007-0060), this single-tenant property boasts a desirable location in a vibrant and economically strong area of Miami-Dade County. The asking price is $4,620,000, translating to $300.45 per square foot. Built in 1958, the property is zoned 7100 INDUSTRIAL - LIGHT MFG, offering flexibility for various industrial and office uses. The property benefits from a strong tenant base, providing stable cash flow and the advantages of a Net Net Net (NNN) lease structure. This investment offers a blend of immediate income generation and significant potential for long-term capital appreciation, driven by its strategic location and superb connectivity within the thriving Miami market. The property's single-building structure simplifies management and enhances operational efficiency. This is a rare chance to acquire a well-positioned industrial asset with substantial upside potential in one of Florida's most dynamic economic regions. The property's location provides excellent access to major transportation arteries, ensuring efficient logistics and distribution capabilities. This presents a solid foundation for continued growth and profitability.

Highlights

  • 15,377 SF warehouse on a 53,303 SF lot in Miami Gardens, FL.
  • $4,620,000 asking price ($300.45/SF).
  • Strong tenant with NNN lease providing stable cash flow.
  • Excellent location in a vibrant Miami-Dade County market with superb connectivity and access to major transportation arteries.
  • Zoned 7100 INDUSTRIAL - LIGHT MFG, offering flexible use options.
  • Built in 1958, single-tenant building simplifies management.

Property Details for 1001 163Rd Dr

Property type
Warehouses, Industrial properties
Square Feet
15,377 SF
Buildings
1

Location Insight

City
Miami Gardens
County
Miami-Dade
State
Florida
Latitude
25.9255832
Longitude
-80.217496
1001 163Rd Dr, Miami Gardens, Florida

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1001 163Rd Dr
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