573-583 W 27th St 7,931 SF 100% Leased Industrial Building Hialeah, FL 33010 $3,602,222 CAD ($454.20 CAD/SF) 4.50% Cap Rate

INVESTMENT HIGHLIGHTS

  • Near Railroad distribution drop
  • High Traffic Community
  • Major retailers within walking distance such as Walgreen, Subways and Taco Bell
  • Six miles from The Miami International Airport

EXECUTIVE SUMMARY

EXCELLENT INVESTMENT IN HIALEAH, this warehouse for industrial use, has four units (573, 575, 581, 583) For a total of 8,000 sq/ft. This warehouse is for sale! 2.3 Millions. Built in 1963, It has approved 40-year City inspection. All the inside units are in good condition, ALWAYS RENTED!! BELOW MARKET RENTS. GREAT OPPORTUNITY FOR INVESTORS SEEKING CASH FLOW OR POSSIBLY COMMERCIAL USE.

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

PROPERTY FACTS

Price $3,602,222 CAD
Price Per SF $454.20 CAD
Sale Type Investment
Cap Rate 4.50%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Service
Building Class C
Lot Size 0.23 AC
Rentable Building Area 7,931 SF
No. Stories 1
Year Built 1963
Parking Ratio 1.01/1,000 SF
Zoning M-1, Hialeah - Provie land for primarily the manufacture of small articles and products

AMENITIES

  • Air Conditioning
Walk Score®
Very Walkable (79)

PROPERTY TAXES

  • Listing ID: 30339727

  • Date on Market: 2023-12-11

  • Last Updated:

  • Address: 573-583 W 27th St, Hialeah, FL 33010