407-557-3861
74 SW 6th Ave, Homestead, FL for Sale
Warehouse - FOR SALE
1/5
null | Request Cap Rate

74 SW 6th Ave
Homestead, FL 33030
Southwest Homestead


HIGHLIGHTS

  • • Corporate Lease with United Rentals, Inc - Largest Equipment Rental Company in the U.S.
  • • Tenant is Publicly Traded on the NYSE: URI - $59 Billion Market Cap | 1,500+ Locations Nationwide
  • • Absolute Net Lease with Annual CPI Increases - Zero Landlord Responsibilities | Rare Lease Structure
  • • Original Build to Suit for Tenant in 2009 - Layout Optimizes Functionality of the Warehouse/Yard
  • • Warehouse Features 3-Ton Crane | 3 Drive-Thru Bays - Property is Also Equipped with Wash Rack
  • • 2.29AC Site with Industrial Outdoor Storage (IOS) - Low Coverage Lot | Multiple Points of Ingress/Egress

OVERVIEW

The property features a corporate lease with United Rentals, Inc., the largest equipment rental company in the United States. The tenant is publicly traded on the New York Stock Exchange under the ticker symbol URI, with a market capitalization of approximately $59 billion and more than 1,500 locations nationwide. The lease is structured as an absolute net lease with annual CPI increases, offering zero landlord responsibilities—a rare and highly desirable arrangement. Originally built to suit the tenant in 2009, the layout was designed to optimize the functionality of the warehouse and yard. The warehouse includes a 3-ton crane and three drive-thru bays, and the property is also equipped with a wash rack. Situated on a 2.29-acre site with industrial outdoor storage (IOS), the property offers a low coverage lot and multiple points of ingress and egress. The location is within the Miami MSA, the sixth-largest metropolitan area in the United States. Miami-Dade County alone is home to more than 2,830,000 residents.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

United Rentals

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

3

PARKING SPACES

18

LAND DETAILS

LAND ACRES

2.3

LAND SF

100,211

ZONING

PUN

APN/PARCEL ID

10-7813-055-0020

ASK ABOUT THIS PROPERTY

Rory ShelbyMarcus & MillichapMore Info
407-557-3861

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Rory ShelbyMarcus & MillichapMore Info
407-557-3861

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