Overview

Description

SVN, as exclusive agent, is pleased to present a +/- 5,400 square foot, value-add, 100% occupied, Two-tenant warehouse consisting of one tenant occupying 82.3% of the building and a second tenant the reminder 10.43% on a lot +/- 6,015 s/f. in Miami, Florida. The Property is CBS block, with an 12-14' clear height.
Both tenants have renewed their leases starting on 3/1/2023.

SVN, as exclusive agent, is pleased to present a +/- 5,400 square foot, value-add, 100% occupied, Two-tenant-industrial warehouse consisting of one tenant occupying 95% of the building and a second tenant the reminder 5% on a lot +/- 6,015 s/f. in Miami, Florida. The Property is CBS block, with an 12-14'The’ clear height.

Both tenants have renewed their leases to near or current market price with rent escalation for the next five years with option to renew.

Water, electric

The property is located on a corner lot, facing E 10th, Avenue and E 24 St., with nearby commercial sites like Home Lumber & Industrial Supply, American Aluminum Doors, O'Reilly Auto Parts, E 25th, St (NW 79 St), Walmart Super Center. It has easy access to I-95, Florida's Turnpike and US-27.

City

HIALEAH 13TH ADD AMD PL REV
PB 34-26
LOT 1 BLK 102-B
LOT SIZE 6015 SQUARE FEET
OR 20170-38

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N/A

Highlights

• 100% Occupied, Two -Tenant Warehouse Consisting of Five bays with roll-up doors
• Rental Rate was recently updated to the market price
• Highly-Visible Location in Busy Industrial Submarket
• Clear Heights +/- 14 feet with Four Roll-Up Doors
• Strong Tenants with rent escalation for the next five years with option to renew.
• Ease of Access to Palmetto Expressway, Florida's Turnpike, and I-95

Documents

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