Ownership will consider all offers for either the WAREHOUSE OR THE LAND, but will give STRONG PREFERENCE TO OFFERS FOR BOTH THE WAREHOUSE AND ADDITIONAL PARCEL OF LAND. PARCEL OF LAND IS PRICED AROUND $2,000,000 totaling +/- $7.1mm
Full marketing package here: https://buildout.com/website/36thAvenueindustrial
SVN Commercial Partners, as exclusive advisors, is pleased to present for sale 36th Avenue Industrial ("the Property"), a versatile multi-bay industrial asset in the heart of Miami, Florida.
The Property features a +/- 26,304 SF warehouse with nearly 1.0 acre of industrial outdoor storage yard space (must be purchased together), offering both functionality and flexibility for a wide array of users.
Currently, the Property is leased to three tenants paying below- market rents, creating significant upside for an investor. Notably, approximately 50% of the rent roll can be vacated with six months' notice, making it possible for 100% owner occupancy by March 1, 2026. This unique flexibility allows buyers to capitalize on rising market rents or transition the asset for their own use.
The Property is strategically located within central Miami's thriving industrial market, benefiting from excellent connectivity to major transportation arteries, including the Hialeah Expressway, I-95, the Palmetto Expressway, and Miami International Airport. This central location places it at the nexus of one of South Florida's most dynamic logistics and distribution hubs.
With a scarcity of industrial properties offering outdoor storage space, paired with strong market demand and Miami's historically low industrial vacancy rates, 36th Avenue Industrial represents an exceptional investment opportunity with immediate revenue growth potential.
Additionally, access to bay 7640-A is through NW 76th St. The Landlord holds a lease for the lot on NW 76th St through 2042, with two 30-year renewal options, providing long-term security and operational flexibility. Furthermore, the cell tower can be relocated to accommodate future redevelopment plans, offering additional flexibility for investors or users looking to reposition the asset.
This Property is an ideal acquisition for a value-add investor or an owner/user seeking a well-positioned facility with strong market fundamentals.