Opportunity to achieve a proforma 6.0% cap rate based upon raising rents to $5,000/mo NNN for each of the 4 bays for $240,000 in annual NOI (NNN) which is about 6.0% Cash-on-Cash +/- purchasing at $4 mm. Douglas Elliman Real Estate, as exclusive listing agent, is pleased to offer this 4 Bay Miami, FL, D1-Zoned Industrial Warehouse with 18’ ceilings for Sale across from Magic City Innovation District and Opportunity Zone. Post purchase proforma reposition at market rents on 7,898 SF is a proforma NOI of $240,000 and a 6.0% cap rate at the asking price. Current rents are not at the proforma market rents. Please see attached OM and e-mail listing agent for current details and rents.