2220 SW 60th Ter - Manufacturing FOR SALE


Miramar, FL 33023- Welwyn Manor
$1,600,000 USD
2220 SW 60th Ter, Miramar, FL for Sale
$1,600,000 USD
Manufacturing - FOR SALE
1/31
null | 5.47% Cap Rate

2220 SW 60th Ter
Miramar, FL 33023
Welwyn Manor


HIGHLIGHTS

  • Miramar Industrial Property
  • Great Location just off SR-441!
  • Large Fenced-In Lot
  • 8.17% Pro-Forma CAP Rate!
  • Perfect for an Investor!

OVERVIEW

This freestanding industrial warehouse in prime Miramar offers excellent accessibility to major routes including SR-441, the Turnpike, I-95, and I-75. The property features a large fenced lot with ample outdoor storage, secure parking, and flexible space suitable for a variety of industrial or automotive uses permitted by the City of Miramar. Currently 100% occupied under full-service gross leases, Unit A (±2,950 SF + outdoor lot) is used for satellite equipment repairs and future food-related projects, while Unit B (±1,350 SF) supports equipment storage and material distribution. The property generates a gross income of $108,864 and nets $87,505 annually, offering investors a 5.47% capitalization rate.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$372 USD /SF

CAP RATE

5.47%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.27

LAND SF

11,761

ZONING

B-3

APN/PARCEL ID

51-41-24-01-0290

ASK ABOUT THIS PROPERTY

John DeMarcoRE/MAX 5 Star RealtyMore Info

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John DeMarcoRE/MAX 5 Star RealtyMore Info

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