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Palmetto Lakes Warehouse 5395 NW 165th St

36,000 SF 100% Leased Industrial Building Hialeah, FL 33014 $12,969,850 CAD ($360 CAD/SF) 3.17% Cap Rate

Investment Highlights

  • Free Standing Warehouse
  • Heavy Power 1,200+ Amps
  • Dock High Loading
  • Conveniently Located near Palmetto Expwy

Executive Summary

Prime Industrial Property in Hialeah Located at 5395 NW 165th St, Hialeah, FL, this exceptional freestanding warehouse offers an impressive 36,000 square feet bunker, with a building height of 21-22’ clear Twin-T. The property sits on a sprawling 63,598-square-foot lot, providing ample room for operations and logistics. Key features include four dock high doors and one street-level door, ensuring efficient loading and unloading processes. The building is equipped with Heavy Power (1200 amps of power) and features new impact windows for added security and energy efficiency. Parking will never be an issue with up to 55 parking spaces available on-site.
Ideal Opportunity for an End-User, User/Investor, or Investor
User: Can occupy the full building (36,000 SF.)
User/Investor: Can Occupy 18,000 - 28,500 SF., and seller will lease back 7,500 - 10,500 SF., or 18,000 SF.
Investor:
Increase rents on 18,000 SF. (month-month)
Lease-back (Negotiable depending price)
7,500 SF., - 3.5 year lease term @ $16.00/SF. (MG), with 4% yearly increases (can also be cancelled for more up side potential)

Property Facts

Price $12,969,850 CAD
Price Per SF $360 CAD
Sale Type Investment
Cap Rate 3.17%
Sale Conditions Sale Leaseback
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Refrigeration ColdStorage
Building Class B
Lot Size 1.46 AC
Rentable Building Area 36,000 SF
No. Stories 1
Year Built 1975
Parking Ratio 0.42/1,000 SF
Clear Ceiling Height 22 ft
No. Dock-High Doors/Loading 4
Opportunity Zone Yes

Amenities

  • 24 Hour Access
  • Front Loading
  • Storage Space

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
34-2118-008-0011
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$6,050,906 CAD

zoning

Zoning Code I-1 (Industrial)
I-1 (Industrial)
  • Listing ID: 31970073

  • Date on Market: 2024-05-31

  • Last Updated:

  • Address: 5395 NW 165th St, Hialeah, FL 33014

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