Warehouse 1,350 m² in Miami

$4,950,000

$3,666 /m²

Total area 1,350 m²
Yield —
Lease term —
Constructed 1953

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Key project parameters

Total area: 1,350 m²
Constructed: 1953

Project description

Located on the north-side of the Miami Produce district this 14,538 SF Industrial Warehouse is presently used as a cold storage facility. The combination of its size, its cold storage set-up, and its last-mile location make it an extremely valuable real estate asset, Cold storage facilities have become a national commodity within the commercial real estate sector. Vacancy rates for properties in this asset class are at nearly zero percent. This property could certainly continue to prosper in its current demise and it also has the potential for creative adaptive reuse, or as a development site for the construction of new apartments. This area continues to attract top investors and a roster of dynamic and prospecting small businesses and tenants.

Tenants

Agreement: n/a

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