Little River Business District investment opportunity ... · currently eperiencing investor...
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Little River Business District investment opportunity Betwn the rails 7240 NE 4th Avenue, Miami, FL 33138 Invtment highlights JLL has been retained as the exclusive representative and is pleased to present an exceptional opportunity to acquire and re-purpose 7240 NE 4th Avenue (the “Property”); a warehouse facility located in the quickly reshaping and highly desirable Little River Business District in Miami, Florida. The Property is located within the rapidly evolving Little River Business District, an area in the midst of a historic transformation — similar to Wynwood, Design District and the Allapattah areas, from a manufacturing and industrial hub to an integrated mixed use, next-generation, 24/7 live, work-play destination. The property consists of 25,606 s.f. of improvements situated on .89 acres of land. PROPERTY SPECIFICATIONS Address 7240 NE 4th Avenue, Miami, FL 33138 Folio 01-3200-052-0040 Product type Warehouse Building size 25,606 s.f. Lot size .89 acres (38,945 s.f.) Year built 1956 Zoning D2 - District Zone Industrial, City of Miami Asking price Call for further information Exterior wall system Concrete block and stucco Doors Total of six overhead doors; one exterior loading ramp Electrical Adequate commercial service throughout. Building has two separate meters Restrooms Total of five bathrooms with typical plumbing fixtures. One of the restrooms contains a shower. Ceiling height 14’ in warehouse area HVAC Central air-conditioning in office Fire sprinklers Yes Drainage: The parking area is improved with catch basins 40-yr Miami-Dade County Re-Certification Received December 29, 2016
Transcript of Little River Business District investment opportunity ... · currently eperiencing investor...
Little River Business District investment opportunity
Between the rails7240 NE 4th Avenue, Miami, FL 33138
Investment highlightsJLL has been retained as the exclusive representative and is pleased to present an exceptional opportunity to acquire and re-purpose 7240 NE 4th Avenue (the “Property”); a warehouse facility located in the quickly reshaping and highly desirable Little River Business District in Miami, Florida.
The Property is located within the rapidly evolving Little River Business District, an area in the midst of a historic
transformation — similar to Wynwood, Design District and the Allapattah areas, from a manufacturing and industrial hub to an integrated mixed use, next-generation, 24/7 live, work-play destination.
The property consists of 25,606 s.f. of improvements situated on .89 acres of land.
PROPERTY SPECIFICATIONS
Address 7240 NE 4th Avenue, Miami, FL 33138
Folio 01-3200-052-0040
Product type Warehouse
Building size 25,606 s.f.
Lot size .89 acres (38,945 s.f.)
Year built 1956
Zoning D2 - District Zone Industrial, City of Miami
Asking price Call for further information
Exterior wall system Concrete block and stucco
DoorsTotal of six overhead doors; one exterior loading ramp
ElectricalAdequate commercial service throughout. Building has two separate meters
RestroomsTotal of five bathrooms with typical plumbing fixtures. One of the restrooms contains a shower.
Ceiling height 14’ in warehouse area
HVAC Central air-conditioning in office
Fire sprinklers Yes
Drainage: The parking area is improved with catch basins
40-yr Miami-Dade County Re-Certification Received December 29, 2016
Between the rails Little River Business District, Miami, FL
An emerging neighborhood
Copyright ©2018 - Jones Lang LaSalle IP, Inc. This publication is the sole property of Jones Lang LaSalle and must not be copied, reproduced or transmitted in any form or by any means, either in whole or in part, without the prior written consent of Jones Lang LaSalle. The information contained in this publication has been obtained from sources generally regarded to be reliable. However, no representation is made, or warranty given, in respect of the accuracy of this information. We would like to be informed of any inaccuracies so that we may correct them. Jones Lang LaSalle does not accept any liability in negligence or otherwise for any loss or damage suffered by any party resulting from reliance on this publication. Any opinion or estimate of value of any asset in this presentation is based upon the high-level preliminary review by JLL. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. JLL expressly disclaims any liability for any reliance on any opinion or estimate of value in this presentation by any party.
Vivian GonzalezVice President+ 1 305 960 [email protected]
Stephen E. Gaunt, CCIMSenior Vice President | Associate Director+ 1 305 960 [email protected]
200 South Biscayne Blvd., Suite 4300Miami, Florida 33131www.jll.com
Lic. Real Estate Brokers
To learn more, give us a call:
Eric GauntSenior Associate+1 305 960 [email protected]
NE 4th Ave
NE 3rd Ct
NE 72nd Terr
BR I CKE LL
DOW NTOW NMIAMI
PO RT O F MI AMI
NO RTH BAY V ILL AGE
SURFSIDE
Little River is a mix of urban
industrial warehouses abutting the FEC railway that house creative flex
spaces for company offices, restaurants, galleries and
retail art and design showrooms.
Allapattah, historically known
for its industrial and wholesale retail uses is an urban core neighborhood
currently experiencing investor interest.
Little Haiti has
incredible growth potential and is attracting Miami’s creative class and urban
enthusiasts.
Design District
has undergone a remarkable
transformation into a center for fashion, luxury, art, design
and culture.
Midtown Miami is one of the City’s
preeminent multi-use development
areas.
Wynwood was formerly
an under-utilized industrial district and has become a lively
neighborhood of art, shops, bars and
creative live/work dwellings.
MiMo District /
Upper East Side contains some of the most varied
examples of historic architecture in
Miami.
Ingress/EgressProperty
Main highways
Biscayne Blvd.
MiMo
Upper-east side
Little Haiti Design
District
WynwoodAllapattah
Midtown
Little River
District
Tamiami Trail
Flagler St.
NW 7th St.
NW 20th St.
NW 2
nd A
ve.
N M
iam
i Ave
.
North River Drive
NW 41st St.
NW 54th St.
NW 62nd St.
NW 71st St.
Brickell Ave.
