$5,500,000

$3,055,000
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Overview

Year Built

1995

13400 sqft
Property Type

Industrial

Property Description

TWO ADJACENT WAREHOUSE UNITS: Unit #3 consists of 6,110 SF, including 2,512 SF of office space, and will be delivered vacant at closing. The unit features a recessed double dock-high loading platform, making it ideal for immediate owner-user occupancy. Unit #4 comprises 7,290 SF of flex space and features a fully permitted ±2,900 SF two-story office buildout constructed with a mix of shipping containers and traditional offices, with glass walls overlooking the warehouse area. This unit is leased through 2Q 2028, providing annual net income of $161,600. This offering presents a compelling phased occupancy opportunity, allowing an owner-user to immediately occupy Unit 3 at closing while benefiting from stable income from Unit 4, with the ability to seamlessly expand into the entire building upon lease expiration in 2028. The building features 24-foot clear ceiling heights and double loading doors for each unit, ensuring efficient shipping and receiving operations. Additional highlights include a spacious rear loading court and unassigned parking with ample spaces at the front, rear, and side of the building. Zoned IU-2 (Heavy Industrial), the property permits a wide range of industrial uses, including light industrial applications.

Property Details

MLS#

A11943965

Address

7620 25th St NW

City

Miami

State/county

FL

Zip/Postal Code

33122

Area

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$22,654

Maint Fee

$--

Tax Year

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Boris Gelfand