7290 SW 42nd Ter
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7290 SW 42nd Ter
11,040 SF Industrial Building Miami, FL 33155 $5,486,174 CAD ($497 CAD/SF)
Investment Highlights
- Small-bay warehouse with four equal sized units of 2,760+/- sq. ft. each
- Close proximity to Coral Gables, South Miami, Pinecrest and MIA
- 3P power and ample parking
- Quick access to Coral Gables, Pinecrest and points south.
Executive Summary
Incredible opportunity to secure a generational asset in the desirable Bird Road Warehouse District. The warehouse spans 11,040+\- sq. ft. including a mix of office & storage areas in each bay. The property sits on a corner lot spanning 18,360 sq.ft. with ample parking, easy truck access and has a straight shot to and from Bird Rd. Quick access to 826 and a short drive to MIA.
The warehouse is currently occupied by a single long-term tenant at below market rate, but is more or less demised into 4 equal bays of 2,760+/- sq.ft. each providing a premium multi-tenant opportunity in the future. Each bay has one 10’x11’ overhead door except the westernmost bay which has two 10’x14’ overhead doors.
Do not disturb tenant. By appointment only. Tenant lease runs through February 2026. Contract subject to court approval.
The warehouse is currently occupied by a single long-term tenant at below market rate, but is more or less demised into 4 equal bays of 2,760+/- sq.ft. each providing a premium multi-tenant opportunity in the future. Each bay has one 10’x11’ overhead door except the westernmost bay which has two 10’x14’ overhead doors.
Do not disturb tenant. By appointment only. Tenant lease runs through February 2026. Contract subject to court approval.
Property Facts Under Contract
| Price | $5,486,174 CAD | Rentable Building Area | 11,040 SF |
| Price Per SF | $497 CAD | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1966 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 1.09/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 5 |
| Lot Size | 0.42 AC |
| Price | $5,486,174 CAD |
| Price Per SF | $497 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.42 AC |
| Rentable Building Area | 11,040 SF |
| No. Stories | 1 |
| Year Built | 1966 |
| Tenancy | Single |
| Parking Ratio | 1.09/1,000 SF |
| No. Drive In / Grade-Level Doors | 5 |
Amenities
- Bus Line
- Fenced Lot
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Walk Score ®
Very Walkable (72)
PROPERTY TAXES
| Parcel Number | 30-4023-017-0190 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,915,630 CAD |
PROPERTY TAXES
Parcel Number
30-4023-017-0190
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,915,630 CAD
zoning
| Zoning Code | IU-2 (Industrial) |
| IU-2 (Industrial) |
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7290 SW 42nd Ter
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