sale brochure (l)...pro forma cap rate: 6.35% pro forma noi: $119,989.00 building size: 6,761 sf lot...

Income Generating Investment Property7050 NE 3rd Avenue, Miami, FL 33138

FOR SALE

DWNTWN REALTY ADVISORSA Commercial Brokerage Firm

Jordan Gimelstein P.A. // Executivejg@dwntwnrealtyadvisors.com // (P) 305.647.0980

David Spitz // Senior Executivedns@dwntwnra.com // (P) 305.647.0984

© DWNTWN Realty Advisors, LLC. This information has been secured by DWNTWN Realty Advisors, LLC. from sources believed to be reliable. It is not guaranteed, however, andshould be verified prior to consummating any transaction. No representations expressed or implied.

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OPPORTUNITY OVERVIEW

DWNTWN Realty Advisors has been retained on an exclusive basis to arrange the sale of the flex warehouse buildinglocated at 7050 NE 3rd Avenue in the Little River Business District. The subject property provides an investor with theopportunity to purchase a cash flowing investment property in an up and coming sub-market of Miami. The building isdivided into micro spaces to provide for the strong tenant demand for smaller spaces. The property is strategicallylocated along NE 71st Street in the center of Little River and only a short distance to Ironside, MiMo/Biscayne Corridor,Rail 71 and The Citadel with numerous restaurants and creative tenants moving into the area.

PROPERTY HIGHLIGHTS

• Located within a Qualified Opportunity Zone

• Easy access to all major thoroughfares including I-95

• Centrally located within minutes from Aventura, Design District, Wynwood, Midtown, Miami International Airport,and the Beaches.

• NE 71st Street Frontage

OFFERING SUMMARY

Sale Price: $1,890,000

Pro Forma Cap Rate: 6.35%

Pro Forma NOI: $119,989.00

Building Size: 6,761 SF

Lot Size: 9,000 SF

Price / SF: $279.54

Year Built: 1959

Zoning: D-2

Type: Flex Space

Location: Little River

7050 NE 3rd AvenueMiami, FL 33138

EXECUTIVE SUMMARYWeb. dwntwnrealtyadvisors.comLinkedIn. DWNTWNRealtyAdvisorsInstagram. DWNTWNRealtyAdvisors

DWNTWN REALTY ADVISORSA Commercial Brokerage Firm

Jordan Gimelstein P.A. // Executivejg@dwntwnrealtyadvisors.com // (P) 305.647.0980

David Spitz // Senior Executivedns@dwntwnra.com // (P) 305.647.0984

© DWNTWN Realty Advisors, LLC. This information has been secured by DWNTWN Realty Advisors, LLC. from sources believed to be reliable. It is not guaranteed, however, andshould be verified prior to consummating any transaction. No representations expressed or implied.

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7050 NE 3rd AvenueMiami, FL 33138

FINANCIALSWeb. dwntwnrealtyadvisors.comLinkedIn. DWNTWNRealtyAdvisorsInstagram. DWNTWNRealtyAdvisors

DWNTWN REALTY ADVISORSA Commercial Brokerage Firm

Jordan Gimelstein P.A. // Executivejg@dwntwnrealtyadvisors.com // (P) 305.647.0980

David Spitz // Senior Executivedns@dwntwnra.com // (P) 305.647.0984

© DWNTWN Realty Advisors, LLC. This information has been secured by DWNTWN Realty Advisors, LLC. from sources believed to be reliable. It is not guaranteed, however, andshould be verified prior to consummating any transaction. No representations expressed or implied.

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1

6916 NE 4TH AVE

Miami, FL 33138

$1,700,000Sale Price: 6,000 SFLot Size:

4,569 SFBuilding SF: $372.07Price PSF:

12/01/2015Closed:

1

2

7142 NE 2ND AVE

Miami, FL 33138

$2,300,000Sale Price: 9,025 SFLot Size:

6,776 SFBuilding SF: $339.43Price PSF:

09/14/2018Closed:

2

3

300 NE 60TH ST

Miami, FL 33138

$6,901,800Sale Price: 25,000 SFLot Size:

19,872 SFBuilding SF: $347.31Price PSF:

12/11/2017Closed:

3

7050 NE 3rd AvenueMiami, FL 33138

SALE COMPSWeb. dwntwnrealtyadvisors.comLinkedIn. DWNTWNRealtyAdvisorsInstagram. DWNTWNRealtyAdvisors

DWNTWN REALTY ADVISORSA Commercial Brokerage Firm

Jordan Gimelstein P.A. // Executivejg@dwntwnrealtyadvisors.com // (P) 305.647.0980

David Spitz // Senior Executivedns@dwntwnra.com // (P) 305.647.0984

© DWNTWN Realty Advisors, LLC. This information has been secured by DWNTWN Realty Advisors, LLC. from sources believed to be reliable. It is not guaranteed, however, andshould be verified prior to consummating any transaction. No representations expressed or implied.

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7050 NE 3rd AvenueMiami, FL 33138

PROPERTY PHOTOSWeb. dwntwnrealtyadvisors.comLinkedIn. DWNTWNRealtyAdvisorsInstagram. DWNTWNRealtyAdvisors

DWNTWN REALTY ADVISORSA Commercial Brokerage Firm

Jordan Gimelstein P.A. // Executivejg@dwntwnrealtyadvisors.com // (P) 305.647.0980

David Spitz // Senior Executivedns@dwntwnra.com // (P) 305.647.0984

© DWNTWN Realty Advisors, LLC. This information has been secured by DWNTWN Realty Advisors, LLC. from sources believed to be reliable. It is not guaranteed, however, andshould be verified prior to consummating any transaction. No representations expressed or implied.

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7050 NE 3rd AvenueMiami, FL 33138

INTERIOR PHOTOSWeb. dwntwnrealtyadvisors.comLinkedIn. DWNTWNRealtyAdvisorsInstagram. DWNTWNRealtyAdvisors

DWNTWN REALTY ADVISORSA Commercial Brokerage Firm

Jordan Gimelstein P.A. // Executivejg@dwntwnrealtyadvisors.com // (P) 305.647.0980

David Spitz // Senior Executivedns@dwntwnra.com // (P) 305.647.0984

© DWNTWN Realty Advisors, LLC. This information has been secured by DWNTWN Realty Advisors, LLC. from sources believed to be reliable. It is not guaranteed, however, andshould be verified prior to consummating any transaction. No representations expressed or implied.

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7050 NE 3rd AvenueMiami, FL 33138

LOCATION MAPSWeb. dwntwnrealtyadvisors.comLinkedIn. DWNTWNRealtyAdvisorsInstagram. DWNTWNRealtyAdvisors

DWNTWN REALTY ADVISORSA Commercial Brokerage Firm

Jordan Gimelstein P.A. // Executivejg@dwntwnrealtyadvisors.com // (P) 305.647.0980

David Spitz // Senior Executivedns@dwntwnra.com // (P) 305.647.0984

© DWNTWN Realty Advisors, LLC. This information has been secured by DWNTWN Realty Advisors, LLC. from sources believed to be reliable. It is not guaranteed, however, andshould be verified prior to consummating any transaction. No representations expressed or implied.

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7050 NE 3rd AvenueMiami, FL 33138

ACCESSWeb. dwntwnrealtyadvisors.comLinkedIn. DWNTWNRealtyAdvisorsInstagram. DWNTWNRealtyAdvisors

DWNTWN REALTY ADVISORSA Commercial Brokerage Firm

Jordan Gimelstein P.A. // Executivejg@dwntwnrealtyadvisors.com // (P) 305.647.0980

David Spitz // Senior Executivedns@dwntwnra.com // (P) 305.647.0984

© DWNTWN Realty Advisors, LLC. This information has been secured by DWNTWN Realty Advisors, LLC. from sources believed to be reliable. It is not guaranteed, however, andshould be verified prior to consummating any transaction. No representations expressed or implied.

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7050 NE 3rd AvenueMiami, FL 33138

LOCATION CONTEXTWeb. dwntwnrealtyadvisors.comLinkedIn. DWNTWNRealtyAdvisorsInstagram. DWNTWNRealtyAdvisors

DWNTWN REALTY ADVISORSA Commercial Brokerage Firm

Jordan Gimelstein P.A. // Executivejg@dwntwnrealtyadvisors.com // (P) 305.647.0980

David Spitz // Senior Executivedns@dwntwnra.com // (P) 305.647.0984

© DWNTWN Realty Advisors, LLC. This information has been secured by DWNTWN Realty Advisors, LLC. from sources believed to be reliable. It is not guaranteed, however, andshould be verified prior to consummating any transaction. No representations expressed or implied.

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7050 NE 3rd AvenueMiami, FL 33138

LOCATION CONTEXTWeb. dwntwnrealtyadvisors.comLinkedIn. DWNTWNRealtyAdvisorsInstagram. DWNTWNRealtyAdvisors

DWNTWN REALTY ADVISORSA Commercial Brokerage Firm

Jordan Gimelstein P.A. // Executivejg@dwntwnrealtyadvisors.com // (P) 305.647.0980

David Spitz // Senior Executivedns@dwntwnra.com // (P) 305.647.0984

© DWNTWN Realty Advisors, LLC. This information has been secured by DWNTWN Realty Advisors, LLC. from sources believed to be reliable. It is not guaranteed, however, andshould be verified prior to consummating any transaction. No representations expressed or implied.

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7050 NE 3rd AvenueMiami, FL 33138

REGIONAL TENANTSWeb. dwntwnrealtyadvisors.comLinkedIn. DWNTWNRealtyAdvisorsInstagram. DWNTWNRealtyAdvisors

DWNTWN REALTY ADVISORSA Commercial Brokerage Firm

Jordan Gimelstein P.A. // Executivejg@dwntwnrealtyadvisors.com // (P) 305.647.0980

David Spitz // Senior Executivedns@dwntwnra.com // (P) 305.647.0984

© DWNTWN Realty Advisors, LLC. This information has been secured by DWNTWN Realty Advisors, LLC. from sources believed to be reliable. It is not guaranteed, however, andshould be verified prior to consummating any transaction. No representations expressed or implied.

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7050 NE 3rd AvenueMiami, FL 33138

REGIONAL TENANTSWeb. dwntwnrealtyadvisors.comLinkedIn. DWNTWNRealtyAdvisorsInstagram. DWNTWNRealtyAdvisors

DWNTWN REALTY ADVISORSA Commercial Brokerage Firm

Jordan Gimelstein P.A. // Executivejg@dwntwnrealtyadvisors.com // (P) 305.647.0980

David Spitz // Senior Executivedns@dwntwnra.com // (P) 305.647.0984

© DWNTWN Realty Advisors, LLC. This information has been secured by DWNTWN Realty Advisors, LLC. from sources believed to be reliable. It is not guaranteed, however, andshould be verified prior to consummating any transaction. No representations expressed or implied.

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7050 NE 3rd AvenueMiami, FL 33138

REGIONAL TENANTSWeb. dwntwnrealtyadvisors.comLinkedIn. DWNTWNRealtyAdvisorsInstagram. DWNTWNRealtyAdvisors

DWNTWN REALTY ADVISORSA Commercial Brokerage Firm

Jordan Gimelstein P.A. // Executivejg@dwntwnrealtyadvisors.com // (P) 305.647.0980

David Spitz // Senior Executivedns@dwntwnra.com // (P) 305.647.0984

© DWNTWN Realty Advisors, LLC. This information has been secured by DWNTWN Realty Advisors, LLC. from sources believed to be reliable. It is not guaranteed, however, andshould be verified prior to consummating any transaction. No representations expressed or implied.

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7050 NE 3rd AvenueMiami, FL 33138

THE NEIGHBORHOODWeb. dwntwnrealtyadvisors.comLinkedIn. DWNTWNRealtyAdvisorsInstagram. DWNTWNRealtyAdvisors

CONTACT

This information has been secured by DWNTWN Realty Advisors, LLC. from sources believed to be reliable. It is not guaranteed, however, and should be verified prior to consummating any transaction.No representations expressed or implied.

Jordan Gimelstein P.A. David SpitzExecutive Senior Executive

(C) 305.610.3711 (C) 917.882.8772

(O) 305.647.0980 (O) 305.647.0984

jg@dwntwnrealtyadvisors.com dns@dwntwnra.com