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West Little River Warehouse 1240 NW 74th St

29,475 SF Industrial Building Miami, FL 33147 $10,489,278 CAD ($356 CAD/SF)

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Executive Summary

Opportunity to purchase a 30,000 square foot warehouse on a 65,000 square foot lot in West Little River. Little River is an up and coming neighborhood that is starting to see a major boom. The western portion of the neighborhood is relatively untapped, giving an investor or user a strong strategic advantage to pick up a large piece before the area heats up.
The warehouse has 18 foot ceilings with 14 foot clear heights and features an expansive open layout with a large outdoor area, featuring two loading ramps, one with dock height accessibility, and a third loading dock in the back of the property. The property has six roll up doors. It also has numerous industrial fans and the main section of the warehouse and office space are under AC. There is parking at the front of the building as well. The building is 100% sprinklered.
The property is also located in a Qualified Opportunity Zone.
The property is currently occupied by a successful movie, tv, event, and advertisement prop business netting approximately $1.1 million/year. This business is for sale and the real estate can be sold contingent on the business purchaser leasing back the property at a rate favorable to the buyer of the real estate.
Please inquire with the brokers for more detail.

1240 NW 74 ST - OM

Property Facts

Price	$10,489,278 CAD	No. Stories	1
Price Per SF	$356 CAD	Year Built	1961
Sale Type	Investment or Owner User	Tenancy	Single
Property Type	Industrial	Parking Ratio	0.68/1,000 SF
Property Subtype	Warehouse	Clear Ceiling Height	18 ft
Building Class	C	No. Dock-High Doors/Loading	3
Lot Size	1.48 AC	No. Drive In / Grade-Level Doors	1
Rentable Building Area	29,475 SF	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.

Price	$10,489,278 CAD
Price Per SF	$356 CAD
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Warehouse
Building Class	C
Lot Size	1.48 AC
Rentable Building Area	29,475 SF
No. Stories	1
Year Built	1961
Tenancy	Single
Parking Ratio	0.68/1,000 SF
Clear Ceiling Height	18 ft
No. Dock-High Doors/Loading	3
No. Drive In / Grade-Level Doors	1
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.