14121 – 14267 SW 119TH AVENUE · 2018. 12. 17. · 14121-14267 SW 119TH AVENUE, MIAMI, FL 33186....

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EXECUTIVE SUMMARY

C E N T R A L C O M M E RC I A L R E A L E S TAT E390 NW 27th Street | Miami, FL 33127

786.577.4974 | centralcommercial.com

E N R I Q U E J O R D A N

305.458.3180ejordan@centralcommercialre.com

OFFERING SUMMARY

Sale Price: $13,250,000

Cap Rate: 6.5%

NOI: $860,399

Lot Size: 5.18 Acres

Building Size: 121,458 SF

Zoning: IU-C

Market: Miami

Submarket: Southwest Dade Ind

Submarket

Price / SF: $109.09

PROPERTY OVERVIEWCentral Commercial RE is pleased to exclusively present the opportunity to acquire five

Industrial / Flex building portfolio (121,458sf ) on 5.18 acres in Miami, FL. Offering consistsof 5 separate buildings on one single parcel. Approx. 700' of direct frontage along theFlorida Turnpike. Years built: 1982 - 2001 - 2008. 100% Occupancy with short term leasesand under market rents. Under one Folio. ***Principals Only*** Signed CA required forOffering Memorandum, Please email Ejordan@centralcommercialre.com

PROPERTY HIGHLIGHTS• Approx. 700' of direct frontage along the Florida Turnpike (163,500VPD)

• Value Add Opportunity by raising rents to market rate

• Stabilized Cash Flow with solid tenant base and High historical occupancy level

• Under one Folio # 30-5924-004-0045

• Min clear height 16'+/-, Max. Clear Height 22'+/-

• Benefit from improved operating efficiencies through economies of scale

• Heavy 3 phase power

• HVAC

• Building No. 3, No. 4 and No. 5 contain 100% Overhead Sprinkler systems

• Twin “T” ceiling and block walls with polished concrete floors throughout

I N D U S T R I A L P R O P E R T Y F O R S A L E

1 4 1 2 1 – 1 4 2 6 7 S W 1 1 9 T H A V E N U E1 4 1 2 1 - 1 4 2 6 7 S W 1 1 9 T H A V E N U E , M I A M I , F L 3 3 1 8 6

ADDITIONAL PHOTOS

C E N T R A L C O M M E RC I A L R E A L E S TAT E390 NW 27th Street | Miami, FL 33127

786.577.4974 | centralcommercial.com

E N R I Q U E J O R D A N

305.458.3180ejordan@centralcommercialre.com

I N D U S T R I A L P R O P E R T Y F O R S A L E

1 4 1 2 1 – 1 4 2 6 7 S W 1 1 9 T H A V E N U E1 4 1 2 1 - 1 4 2 6 7 S W 1 1 9 T H A V E N U E , M I A M I , F L 3 3 1 8 6

ADDITIONAL PHOTOS

C E N T R A L C O M M E RC I A L R E A L E S TAT E390 NW 27th Street | Miami, FL 33127

786.577.4974 | centralcommercial.com

E N R I Q U E J O R D A N

305.458.3180ejordan@centralcommercialre.com

I N D U S T R I A L P R O P E R T Y F O R S A L E

1 4 1 2 1 – 1 4 2 6 7 S W 1 1 9 T H A V E N U E1 4 1 2 1 - 1 4 2 6 7 S W 1 1 9 T H A V E N U E , M I A M I , F L 3 3 1 8 6

ADDITIONAL PHOTOS

C E N T R A L C O M M E RC I A L R E A L E S TAT E390 NW 27th Street | Miami, FL 33127

786.577.4974 | centralcommercial.com

E N R I Q U E J O R D A N

305.458.3180ejordan@centralcommercialre.com

I N D U S T R I A L P R O P E R T Y F O R S A L E

1 4 1 2 1 – 1 4 2 6 7 S W 1 1 9 T H A V E N U E1 4 1 2 1 - 1 4 2 6 7 S W 1 1 9 T H A V E N U E , M I A M I , F L 3 3 1 8 6

LOC ATION MAPS

C E N T R A L C O M M E RC I A L R E A L E S TAT E390 NW 27th Street | Miami, FL 33127

786.577.4974 | centralcommercial.com

E N R I Q U E J O R D A N

305.458.3180ejordan@centralcommercialre.com

I N D U S T R I A L P R O P E R T Y F O R S A L E

1 4 1 2 1 – 1 4 2 6 7 S W 1 1 9 T H A V E N U E1 4 1 2 1 - 1 4 2 6 7 S W 1 1 9 T H A V E N U E , M I A M I , F L 3 3 1 8 6

DEMOGR APHICS MAP & REPORT

C E N T R A L C O M M E RC I A L R E A L E S TAT E390 NW 27th Street | Miami, FL 33127

786.577.4974 | centralcommercial.com

E N R I Q U E J O R D A N

305.458.3180ejordan@centralcommercialre.com

POPULATION 1 MILE 3 MILES 5 MILES

Total population 15,146 124,701 359,865

Median age 35.8 36.6 37.0

Median age (Male) 32.9 34.1 34.8

Median age (Female) 37.4 38.3 38.8

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 4,927 38,877 114,417

# of persons per HH 3.1 3.2 3.1

Average HH income $69,373 $80,380 $76,979

Average house value $311,315 $343,589 $346,693

* Demographic data derived from 2010 US Census

I N D U S T R I A L P R O P E R T Y F O R S A L E

1 4 1 2 1 – 1 4 2 6 7 S W 1 1 9 T H A V E N U E1 4 1 2 1 - 1 4 2 6 7 S W 1 1 9 T H A V E N U E , M I A M I , F L 3 3 1 8 6