1.72 Acre Total Lot with Existing +/- 26,304 SF Multi-Tenant Warehouse
$6,650,000
7640 NW 36th Ave, Miami, FL 33147
26,304 sqft
Building Size
1.72 acres
Lot Area
Details:
Highlights:
- 1.72 Acre total Lot with Existing +/- 26,304 SF Multi-Tenant Warehouse
- Secured front yard area with potential for outdoor storage, truck parking, or container staging
- 12,000 SF leased lot for access to the corner unit along NW 76 St
- Industrial zoning supports a variety of storage and logistics uses
- Strong tenant demand for IOS in this submarket enhances leasing potential
- Attractive value-add opportunity by transforming the yard into a fully secured and improved outdoor space
- Potential for dual-income strategy: traditional warehouse tenancy + premium IOS land rents
- With few IOS-qualified sites available in Miami-Dade, this property offers strong appeal to both owner-users and investors
- Multi-tenant, 1-story industrial building
- 5 dock-high doors and 2 drive-in doors
- Clear height of 14 feet and building height of 18 feet
- Heavy 3-phase power and air conditioning
- Located in an IU-1 zone and an Opportunity Zone
Description:
Lee & Associates presents an Industrial warehouse in the thriving Hialeah submarket—a rare opportunity to capitalize on Miami-Dade’s highly constrained IOS market. Situated on a 1.72-acre lot with an existing ±26,304 SF warehouse, the property features a secured ±34,659 SF front yard area that can be enhanced for outdoor storage, truck parking, or container staging. With industrial zoning that supports storage and logistics uses, the site is well-positioned to meet the strong tenant demand for IOS in this submarket. Investors can unlock additional value by formalizing the outdoor yard with fencing, surfacing, and screening, creating a dual-income play that combines traditional warehouse tenancy with premium IOS land rents. The cell tower can potentially be relocated to accommodate future redevelopment plans, offering additional flexibility for investors or end users looking to reposition the asset. Unit 7640-A is through NW 76th St. The Landlord holds a long-term lease for the lot on NW 76th St through the year 2042, with two (2) 30-year renewal options. Given the scarcity of IOS-qualified properties in Miami-Dade, this asset represents a unique opportunity for both owner/users and investors seeking strategic industrial positioning.
Located in Miami’s urban core, the property offers immediate access to major expressways, including I-95, the Palmetto Expressway, 836, and the Hialeah Expressway. It is just minutes from Miami International Airport, the Port of Miami, and Port Everglades, making it ideal for logistics, distribution, and service-related businesses. The property’s lease structure ensures stability, with tenants responsible for their pro-rata share of property taxes above the base year. Additionally, the landlord maintains flexibility with the absolute right to terminate the lease upon six (6) months’ written notice, ensuring adaptability for redevelopment or repositioning strategies.
Situated in Hialeah’s industrial hub, this property offers excellent connectivity. It is 7.4 miles from Miami International Airport and 21.3 miles from Fort Lauderdale-Hollywood International Airport, with easy access to major South Florida highways. Ideal for businesses seeking a strategic position in the dynamic South Florida market. Generous yard space presents a remarkable value-add opportunity for potential investors, offering the potential for enhanced outdoor storage, parking, or customization to meet specific operational needs.
Documents:
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Lee_SFL_OM_7640_NW_36th_Ave.pdf |
Location

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