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4200-4250 NW 72nd Ave 26,904 sq ft 100% Let Industrial Property Miami, FL 33166 £5,064,708 (£188.25/sq ft) 5.22% Net Initial Yield

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INVESTMENT HIGHLIGHTS

Prime Warehouse/Flex Industrial Space with exposure to NW 72nd Ave
Over 36,000 vehicles per day
Easy access from (SR 826) Palmetto Expressway and close to (MIA) Miami International Airport

Commercial Kitchen
Corner lot fronting NW 72nd Ave

EXECUTIVE SUMMARY

Smith Commercial Property Group is pleased to offer for sale this unique Industrial/Flex Warehouse located at 4200-4250 NW 72nd Avenue in Miami, Florida. The subject property consists of +/-v26,904 SF sitting on +/- 43,909 SF lot fronting NW 72nd Ave, a major corridor with over 36,000 vehicles per day. There are currently two stable tenants in place including a Latin Café that has been operating at the property for over 15 years.
This is a rare opportunity for an Investor or an Owner/Investor to own an Industrial/Flex property in a prime location with a Commercial Kitchen in place which is in high-demand in South Florida.

Brochure-4200-4250 NW 72nd Ave

PROPERTY FACTS Under Offer

Price	£5,064,708	Net Internal Area (NIA)	26,904 sq ft
Price per sq ft	£188.25	No. Floors	1
Sale Type	Investment	Year Built	1982
Yield	5.22%	Parking Allocation	1.3/1,000 sq ft
Property Type	Industrial	Eaves Height	20 ft
Property Subtype	Warehouse Car Dealership Restaurant Showroom	No. Drive In / Grade-Level Doors	12
Costar Property Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Total Plot Size	1.01 ac
Use Class	IU-2 - 7300 INDUSTRIAL - HEAVY MFG

Price	£5,064,708
Price per sq ft	£188.25
Sale Type	Investment
Yield	5.22%
Property Type	Industrial
Property Subtype	Warehouse Car Dealership Restaurant Showroom
Costar Property Class	C
Total Plot Size	1.01 ac
Net Internal Area (NIA)	26,904 sq ft
No. Floors	1
Year Built	1982
Parking Allocation	1.3/1,000 sq ft
Eaves Height	20 ft
No. Drive In / Grade-Level Doors	12
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Use Class	IU-2 - 7300 INDUSTRIAL - HEAVY MFG