14121 – 14267 sw 119th avenue · 2018. 12. 17. · 14121-14267 sw 119th avenue, miami, fl 33186....

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EXECUTIVE SUMMARY CENTRAL COMMERCIAL REAL ESTATE 390 NW 27th Street | Miami, FL 33127 786.577.4974 | centralcommercial.com ENRIQUE JORDAN 305.458.3180 [email protected] OFFERING SUMMARY Sale Price: $13,250,000 Cap Rate: 6.5% NOI: $860,399 Lot Size: 5.18 Acres Building Size: 121,458 SF Zoning: IU-C Market: Miami Submarket: Southwest Dade Ind Submarket Price / SF: $109.09 PROPERTY OVERVIEW Central Commercial RE is pleased to exclusively present the opportunity to acquire five Industrial / Flex building portfolio (121,458sf ) on 5.18 acres in Miami, FL. Offering consists of 5 separate buildings on one single parcel. Approx. 700' of direct frontage along the Florida Turnpike. Years built: 1982 - 2001 - 2008. 100% Occupancy with short term leases and under market rents. Under one Folio. ***Principals Only*** Signed CA required for Offering Memorandum, Please email [email protected] PROPERTY HIGHLIGHTS Approx. 700' of direct frontage along the Florida Turnpike (163,500VPD) Value Add Opportunity by raising rents to market rate Stabilized Cash Flow with solid tenant base and High historical occupancy level Under one Folio # 30-5924-004-0045 Min clear height 16'+/-, Max. Clear Height 22'+/- Benefit from improved operating efficiencies through economies of scale Heavy 3 phase power HVAC Building No. 3, No. 4 and No. 5 contain 100% Overhead Sprinkler systems Twin “T” ceiling and block walls with polished concrete floors throughout INDUSTRIAL PROPERTY FOR SALE 14121 – 14267 SW 119TH AVENUE 14121-14267 SW 119TH AVENUE, MIAMI, FL 33186

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Page 1: 14121 – 14267 SW 119TH AVENUE · 2018. 12. 17. · 14121-14267 SW 119TH AVENUE, MIAMI, FL 33186. ADDITIONAL PHOTOS CENTRAL COMMERCIAL REAL ESTATE 390 NW 27th Street | Miami, FL

EXECUTIVE SUMMARY

C E N T R A L C O M M E RC I A L R E A L E S TAT E390 NW 27th Street | Miami, FL 33127

786.577.4974 | centralcommercial.com

E N R I Q U E J O R D A N

[email protected]

OFFERING SUMMARY

Sale Price: $13,250,000

Cap Rate: 6.5%

NOI: $860,399

Lot Size: 5.18 Acres

Building Size: 121,458 SF

Zoning: IU-C

Market: Miami

Submarket: Southwest Dade Ind

Submarket

Price / SF: $109.09

PROPERTY OVERVIEWCentral Commercial RE is pleased to exclusively present the opportunity to acquire five

Industrial / Flex building portfolio (121,458sf ) on 5.18 acres in Miami, FL. Offering consistsof 5 separate buildings on one single parcel. Approx. 700' of direct frontage along theFlorida Turnpike. Years built: 1982 - 2001 - 2008. 100% Occupancy with short term leasesand under market rents. Under one Folio. ***Principals Only*** Signed CA required forOffering Memorandum, Please email [email protected]

PROPERTY HIGHLIGHTS• Approx. 700' of direct frontage along the Florida Turnpike (163,500VPD)

• Value Add Opportunity by raising rents to market rate

• Stabilized Cash Flow with solid tenant base and High historical occupancy level

• Under one Folio # 30-5924-004-0045

• Min clear height 16'+/-, Max. Clear Height 22'+/-

• Benefit from improved operating efficiencies through economies of scale

• Heavy 3 phase power

• HVAC

• Building No. 3, No. 4 and No. 5 contain 100% Overhead Sprinkler systems

• Twin “T” ceiling and block walls with polished concrete floors throughout

I N D U S T R I A L P R O P E R T Y F O R S A L E

1 4 1 2 1 – 1 4 2 6 7 S W 1 1 9 T H A V E N U E1 4 1 2 1 - 1 4 2 6 7 S W 1 1 9 T H A V E N U E , M I A M I , F L 3 3 1 8 6

Page 2: 14121 – 14267 SW 119TH AVENUE · 2018. 12. 17. · 14121-14267 SW 119TH AVENUE, MIAMI, FL 33186. ADDITIONAL PHOTOS CENTRAL COMMERCIAL REAL ESTATE 390 NW 27th Street | Miami, FL

ADDITIONAL PHOTOS

C E N T R A L C O M M E RC I A L R E A L E S TAT E390 NW 27th Street | Miami, FL 33127

786.577.4974 | centralcommercial.com

E N R I Q U E J O R D A N

[email protected]

I N D U S T R I A L P R O P E R T Y F O R S A L E

1 4 1 2 1 – 1 4 2 6 7 S W 1 1 9 T H A V E N U E1 4 1 2 1 - 1 4 2 6 7 S W 1 1 9 T H A V E N U E , M I A M I , F L 3 3 1 8 6

Page 3: 14121 – 14267 SW 119TH AVENUE · 2018. 12. 17. · 14121-14267 SW 119TH AVENUE, MIAMI, FL 33186. ADDITIONAL PHOTOS CENTRAL COMMERCIAL REAL ESTATE 390 NW 27th Street | Miami, FL

ADDITIONAL PHOTOS

C E N T R A L C O M M E RC I A L R E A L E S TAT E390 NW 27th Street | Miami, FL 33127

786.577.4974 | centralcommercial.com

E N R I Q U E J O R D A N

[email protected]

I N D U S T R I A L P R O P E R T Y F O R S A L E

1 4 1 2 1 – 1 4 2 6 7 S W 1 1 9 T H A V E N U E1 4 1 2 1 - 1 4 2 6 7 S W 1 1 9 T H A V E N U E , M I A M I , F L 3 3 1 8 6

Page 4: 14121 – 14267 SW 119TH AVENUE · 2018. 12. 17. · 14121-14267 SW 119TH AVENUE, MIAMI, FL 33186. ADDITIONAL PHOTOS CENTRAL COMMERCIAL REAL ESTATE 390 NW 27th Street | Miami, FL

ADDITIONAL PHOTOS

C E N T R A L C O M M E RC I A L R E A L E S TAT E390 NW 27th Street | Miami, FL 33127

786.577.4974 | centralcommercial.com

E N R I Q U E J O R D A N

[email protected]

I N D U S T R I A L P R O P E R T Y F O R S A L E

1 4 1 2 1 – 1 4 2 6 7 S W 1 1 9 T H A V E N U E1 4 1 2 1 - 1 4 2 6 7 S W 1 1 9 T H A V E N U E , M I A M I , F L 3 3 1 8 6

Page 5: 14121 – 14267 SW 119TH AVENUE · 2018. 12. 17. · 14121-14267 SW 119TH AVENUE, MIAMI, FL 33186. ADDITIONAL PHOTOS CENTRAL COMMERCIAL REAL ESTATE 390 NW 27th Street | Miami, FL

LOC ATION MAPS

C E N T R A L C O M M E RC I A L R E A L E S TAT E390 NW 27th Street | Miami, FL 33127

786.577.4974 | centralcommercial.com

E N R I Q U E J O R D A N

[email protected]

I N D U S T R I A L P R O P E R T Y F O R S A L E

1 4 1 2 1 – 1 4 2 6 7 S W 1 1 9 T H A V E N U E1 4 1 2 1 - 1 4 2 6 7 S W 1 1 9 T H A V E N U E , M I A M I , F L 3 3 1 8 6

Page 6: 14121 – 14267 SW 119TH AVENUE · 2018. 12. 17. · 14121-14267 SW 119TH AVENUE, MIAMI, FL 33186. ADDITIONAL PHOTOS CENTRAL COMMERCIAL REAL ESTATE 390 NW 27th Street | Miami, FL

DEMOGR APHICS MAP & REPORT

C E N T R A L C O M M E RC I A L R E A L E S TAT E390 NW 27th Street | Miami, FL 33127

786.577.4974 | centralcommercial.com

E N R I Q U E J O R D A N

[email protected]

POPULATION 1 MILE 3 MILES 5 MILES

Total population 15,146 124,701 359,865

Median age 35.8 36.6 37.0

Median age (Male) 32.9 34.1 34.8

Median age (Female) 37.4 38.3 38.8

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 4,927 38,877 114,417

# of persons per HH 3.1 3.2 3.1

Average HH income $69,373 $80,380 $76,979

Average house value $311,315 $343,589 $346,693

* Demographic data derived from 2010 US Census

I N D U S T R I A L P R O P E R T Y F O R S A L E

1 4 1 2 1 – 1 4 2 6 7 S W 1 1 9 T H A V E N U E1 4 1 2 1 - 1 4 2 6 7 S W 1 1 9 T H A V E N U E , M I A M I , F L 3 3 1 8 6