7600-7614 NW 7th Ave
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7600-7614 NW 7th Ave
8,600 SF Vacant Light Industrial Building Miami, FL 33150 £1,873,968 (£218/SF) 6.77% Net Initial Yield
Investment Highlights
- Free standing, fully renovated, great exposure on major avenue.
- easy accessibility, fenced parking
- D-1 zoning allows for endless uses including automotive, retail, and flex industrial
Executive Summary
This freestanding flex/industrial property is strategically located at the prominent intersection of NW 7th Ave/441 corridor and 76th Street, providing exceptional visibility to a daily traffic count of over 40,000 drivers. Situated in close proximity to major highways, as well as the vibrant Design District, Wynwood, and Midtown areas, this versatile property boasts D1 Zoning, accommodating a wide range of uses including retail, industrial, automotive, and more.
The building has recently undergone extensive renovations, encompassing a new roof, upgraded electrical systems, polished concrete floors and obtaining a 40-year certification. Enjoy the opportunity to own in one of Miami's most sought-after markets at a competitive rate. The property features abundant parking, a secure gated entrance, generous ceiling heights, second floor offices and the flexibility to lease spaces as small as 3,000 SF up to 8,519 SF.
The building has recently undergone extensive renovations, encompassing a new roof, upgraded electrical systems, polished concrete floors and obtaining a 40-year certification. Enjoy the opportunity to own in one of Miami's most sought-after markets at a competitive rate. The property features abundant parking, a secure gated entrance, generous ceiling heights, second floor offices and the flexibility to lease spaces as small as 3,000 SF up to 8,519 SF.
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£217,834
|
£25.33
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£217,834
|
£25.33
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | £217,834 |
| Annual Per SF | £25.33 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £217,834 |
| Annual Per SF | £25.33 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Amenities
- 24 Hour Access
- Courtyard
- Fenced Lot
- Signage
- Roof Terrace
- Air Conditioning
Utilities
- Lighting
- Water
- Sewer
- Heating
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PROPERTY TAXES
| Parcel Number | 01-3111-035-1500 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £766,116 |
PROPERTY TAXES
Parcel Number
01-3111-035-1500
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£766,116
zoning
| Zoning Code | D-1 (D1 zoning offers a unique opportunity by allowing Uses from retail, automotive sale, industrial and high-density, mixed-use development) |
| D-1 (D1 zoning offers a unique opportunity by allowing Uses from retail, automotive sale, industrial and high-density, mixed-use development) |
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7600-7614 NW 7th Ave
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