3035 NW 40th St - Warehouse FOR SALE


Miami, FL 33142- Melrose Heights
$3,100,000 USD
786-522-7086
3035 NW 40th St, Miami, FL for Sale
$3,100,000 USD
Warehouse - FOR SALE
1/5
null | 5.81% Cap Rate

3035 NW 40th St
Miami, FL 33142
Melrose Heights


HIGHLIGHTS

  • Rare 10,500 SF Miami Net Leased Industrial Investment Property Located Just East of Miami Airport
  • The Parts House Tenant is a 200 Location National Auto Parts Dealer With Recently Extended 5 Year Base Term
  • TPH is a Wholly Owned Subsidiary of Marubeni Corporation, a Japanese Company with Market Capitalization of $60 Billion
  • Ideal Net Lease Structure with No Landlord Responsibilities and Aggressive 3% Annual Base Rental Increases
  • Building Located on NW 40th Street Just West of NW 27th Avenue and East of Miami International Airport

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$295 USD /SF

CAP RATE

5.81%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Parts House

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

1

DRIVE INS

1

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.41

LAND SF

17,860

ZONING

IU-1

APN/PARCEL ID

30-3121-000-1390

ASK ABOUT THIS PROPERTY

Tricia LimMarcus & MillichapMore Info
786-522-7086

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Tricia LimMarcus & MillichapMore Info
786-522-7086

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