261 NW 71st St - Showroom FOR SALE


Miami, FL 33150- Little River
$6,200,000 USD
305-345-7776
261 NW 71st St, Miami, FL for Sale
$6,200,000 USD
Showroom - FOR SALE
1/21
null | 6.05% Cap Rate

261 NW 71st St
Miami, FL 33150
Little River


HIGHLIGHTS

  • The 12,500 SF facility spans two addresses and currently functions as one integrated creative industrial operation.
  • The asset combines office and client-facing space with functional warehouse and production capacity.
  • The improvements are internally connected today, providing operational connectivity while preserving future flexibility, subject to buyer diligence.
  • Seller Financing may be available to qualified buyers
  • At the $6.2 million list price, the proposed leaseback assumptions imply an approximately 6.05% pro forma capitalization rate.
  • The property is located within the Little River redevelopment corridor and in proximity to Swerdlow Group’s planned district-scale redevelopment.

OVERVIEW

261 NW 71st Street offers the opportunity to acquire an already modernized creative-industrial asset in the core of Little River, combining polished office and client-facing space with functional warehouse and production capacity. The property spans 261 NW 71st St and 7120 NW 2nd Ct and currently operates as one integrated creative industrial facility. A proposed short term market rate seller leaseback can provide income during the buyer's initial hold period, while seller financing may provide additional transaction flexibility. Situated in Little River, the property offers investors the ability to acquire a usable, income-capable urban infill asset with existing office, client-facing, warehouse and production functionality. Over the longer term, ownership also provides exposure to continued public and private investment in the surrounding neighborhood, including AJ Capital / MVW’s 25-acre Little River platform, Swerdlow Group’s housing and commercial redevelopment, and a planned new Tri-Rail station. These catalysts may support future value creation while preserving flexibility around the property’s long-term use and exit strategy.

FOR SALE DETAILS

PRICE

$6,200,000 USD

PRICE/SF

$496 USD /SF

CAP RATE

6.05%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

UTILITIES

Lighting - Halogen, Gas, Water - County, Sewer - County, Heating

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.35

LAND SF

15,264

ZONING

7000 Industrial-General

APN/PARCEL ID

01-3112-034-0080

ASK ABOUT THIS PROPERTY

Alex ZylberglaitMarcus & MillichapMore Info
305-345-7776

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Alex ZylberglaitMarcus & MillichapMore Info
305-345-7776

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