297 67Th StMiami, FL 33138

This exceptional Class A, 33,204 square foot industrial warehouse in Miami's Little River neighborhood presents a compelling investment opportunity. Located at 297 NE 67th St, this multi-tenant property boasts a 5.64% cap rate and is currently 100% occupied by betr and Locust Projects, offering strong, stable cash flow. The property sits on a 0.93-acre lot and features a NNN lease structure, minimizing landlord responsibilities. With a price of $12,900,000 ($388.50/sq ft), and a land value of $319.50/sq ft, this investment offers significant potential for future appreciation. The property's location in the rapidly growing Little River district, known for its vibrant arts and culture scene, ensures strong tenant demand and future rent growth opportunities. The current leases provide a solid weighted average lease term, mitigating risk and providing long-term stability. The flexible space allows for potential reconfiguration into smaller units to capitalize on market demand. This core-plus investment is zoned 5 // D2 and represents a rare opportunity to acquire a high-quality industrial asset in one of Miami's most desirable and up-and-coming neighborhoods. The property's central location within Little River provides excellent visibility and accessibility.