1570 W 38th Pl - Flex FOR SALE


Hialeah, FL 33012
$6,500,000 USD
786-522-7000
1570 W 38th Pl, Hialeah, FL for Sale
$6,500,000 USD
Flex - FOR SALE
1/5
null | 5.28% Cap Rate

1570 W 38th Pl
Hialeah, FL 33012


HIGHLIGHTS

  • 23,660 Square Foot, Small Bay Warehouse Offering in the Heart of Hialeah, Florida
  • Ideally Sized, 920 SF Bays Comprised of Two Buildings, One is Quasi-Retail Space with Excellent Frontage Along W 38th Place
  • Immediate Value-Add Opportunity through the Lease-Up of Three Vacant Units
  • Historically Low Vacancy Submarket with Incredibly High Barriers to Entry and Rapid Rental Rate Appreciation
  • High Quality, 2005 Concrete Construction Provides for Minimal Maintenance or Capex
  • Incredibly Dense, Infill Location, Just off West 16th Avenue in Hialeah, with a 3-Mile Population of 210,000 Residents

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$576 USD /SF

CAP RATE

5.28%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

West Hialeah Small Bay Warehouses

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

13

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.36

LAND SF

59,242

ZONING

M-1

APN/PARCEL ID

04-3002-204-0020

ASK ABOUT THIS PROPERTY

Tricia LimMarcus & MillichapMore Info
786-522-7000

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Tricia LimMarcus & MillichapMore Info
786-522-7000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.