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4275 NW 77th Avenue, Miami, FL

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4275 NW 77th Avenue

Miami, FL 33166-6728 - Miami Airport East Ind Submarket

Property Type:Industrial Sub Type:Manufacturing Status:Existing Year Built:1967
Building Size:43,700 SF Land Area:1.95 AC (84,942 SF)
Ceiling Height:19'0'' Loading Docks:4 ext Rail:- Power:1,100a 3p
For Sale Price:$5,900,000 Price/SF:$135.01
Cap Rate:-
Zoning:IU-2 Sprinklers:- Drive Ins:3 tot./10'0''w x 14'0''h Cranes:-
Parking:Free Surface spaces are available; Ratio of 3/1,000 SF Amenities:Air Conditioning, Bus Line, Fenced Lot, Property Manager on Site
43,673 SF is available to occupy upon purchase.

Sale Notes:
Carlos Ruiz & Christian Peter of SVN South Commercial Real Estate Advisors, and Jackie Folgueira of Lion International Realty are pleased to present 4275 NW 77th Ave Miami, Fl. 33166”. This building is offering cooperating brokers a 4% buy side fee and has been reasonably priced at Market Value. The building currently enjoys 180 ft of frontage to SR 826 “Palmetto”, a daily traffic count of 235,000 cars. It is sitting on 84,990 SF, 1.95 Acres of Land, giving it a land to building ratio of 1.94, an FAR of .51. This offering could easily facilitate 150 parking spaces. This opens up multiple options for Office and/or Retail build-out. Refer to attachment for different parking scenarios depending on use of truck court-storage yard. The West end of the building current offers +/-6,700 SF, 15.34%, of office build-out, then 20,000 SF of Warehouse, a demising wall, then 17,000 SF of Warehouse. The demising wall could be easily removed for a more open floor space or either warehouse-office portion could be leased-out to cover a portion of the mortgage payment-building operating expenses until the future occupant experiences more growth. Refer to financial scenario attachment.

Lion International Realty
Jackie Folgueira
(305) 599-7792

Christian Peter
(305) 599-7792

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