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1341-1359 NW 88th Ave 25,548 sq ft 100% Let Industrial Property Miami, FL 33172 £6,358,255 (£248.87/sq ft) 3.75% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Individually Metered for Water and Electric
  • 18’ Clear Ceiling Height each Bay
  • 31 Total Parking Spaces
  • Tenant’s pay for their own garbage
  • One (1) Street Level Front Loading Door Each Bay
  • Immediate Access to NW 12th St., NW 87th Ave., SR-836, SR-826 & Fl. Turnpike, Close proximity to Miami International Airport and Port of Miami

EXECUTIVE SUMMARY

Ten (10) Office/Warehouse Bays Total: Six (6) 2,700+/- Sq. Ft. Bays and Four (4) 2,400+/- Sq. Ft. Bays
All Bays have small office and restroom
Eight (8) Units are currently leased Month-to-Month
Individually Metered for Water and Electric
Tenant’s pay for their own garbage
18’ Clear Ceiling Height each Bay
One (1) Street Level Front Loading Door Each Bay
31 Total Parking Spaces
Small Outside Storage Yard area available next to Unit 1359
Immediate Access to NW 12th St., NW 87th Ave., SR-836, SR-826 & Fl.
Turnpike, Close proximity to Miami International Airport and Port of Miami

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER sq ft
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per sq ft $9.99
Other Income
Annual -
Annual Per sq ft -
Vacancy Loss
Annual -
Annual Per sq ft -
Effective Gross Income
Annual $99,999
Annual Per sq ft $9.99
Taxes
Annual $99,999
Annual Per sq ft $9.99
Operating Expenses
Annual $99,999
Annual Per sq ft $9.99
Total Expenses
Annual $99,999
Annual Per sq ft $9.99
Net Operating Income
Annual $99,999
Annual Per sq ft $9.99

PROPERTY FACTS

Price £6,358,255
Price per sq ft £248.87
Sale Type Investment or Owner Occupier
Yield 3.75%
Sale Condition 1031 Exchange
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution Warehouse
  • Industrial Manufacturing
  • Industrial - Service
Costar Property Class C
Total Plot Size 1.22 ac
Net Internal Area (NIA) 25,548 sq ft
No. Floors 1
Year Built 1973
Parking Allocation 1.37/1,000 sq ft
Eaves Height 20 ft
No. Drive In / Grade-Level Doors 10
Use Class IU-C - Industrial Intensive, heavy-light manufacturing, and warehousing-storage type of use

AMENITIES

  • Fenced Lot
  • Front Loading
  • Signage
  • Wheelchair Accessible
  • Yard
  • Storage Space

UTILITIES

  • Lighting
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
35-3033-001-0140
Land Assessment
£0 (2025)
Improvements Assessment
£0 (2025)
Total Assessment
£2,722,644 (2025)
Annual Taxes
-£1 (£0.00/sq ft)
Tax Year
2024
  • Listing ID: 35443678

  • Date on Market: 10/04/2025

  • Last Updated:

  • Address: 1341-1359 NW 88th Ave, Miami, FL 33172

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