Prime Industrial Investment Opportunity – 5-Year Lease in Place This is a rare opportunity to acquire a fully leased industrial condo warehouse located in the heart of Doral, Florida. Ideal for passive investors, the property is being sold with a brand-new 5-year lease in place, generating steady and predictable rental income from day one. The tenant is a well-established business with a signed lease starting August 1, 2025, including 5% annual rent increases. The lease structure offers long-term stability and income growth, making it an attractive investment for those seeking reliable returns in a high-demand industrial submarket. Key investment highlights include: - Base rent starts at $5,500/month with 5% annual increases - Gross annual income: $66,000 in Year 1 - Landlord pays association fees and property taxes - Association Fees: $1,082.71/month - 2024 Real Estate Taxes: $9,876.43/year - Projected Year 1 NOI: $43,131.05 - Asking Price: $1,100,000 - Cap Rate Year 1: ±3.92% This is a turnkey income-producing asset in one of South Florida’s strongest industrial markets—ideal for investors seeking a hands-off, stable return in a high-growth area. The ±3,398 Sq.Ft. unit includes a fully air-conditioned ±1,150 Sq.Ft. warehouse with 9’ and 20’ ceiling clearances, and ±2,248 Sq.Ft. of renovated office space. Updates include new flooring, fresh paint throughout (including warehouse in bright white), LED lighting, renovated bathrooms and kitchen, and a new insulated electric roll-up door. Functional layout includes 2 floors, 4 assigned parking spaces, 2 bathrooms, and 2 separate A/C units servicing both warehouse and office areas. This unit is perfect for a growing business looking to establish a strong presence in Doral’s prime industrial corridor.