Perfect Owner-User/Investor Opportunity: Multi-Tenant Warehouse with Income-Generating Cash Flow

For Sale

10401 SW 186 Street, Miami, FL 33157

This Miami property for sale is located at 10401 SW 186 Street. The current listed sale price for Perfect Owner-User/Investor Opportunity: Multi-Tenant Warehouse with Income-Generating Cash Flow is $4,200,000. Perfect Owner-User/Investor Opportunity: Multi-Tenant Warehouse with Income-Generating Cash Flow is situated on a lot that is 0.62 acre in size.

Contacts

broker

Dante Aleman

Kaizen Realty Partners

(786) 597-0446

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 17,734 SF
  • Units 5
  • Lot Size 0.62 Acre
  • Parking Spaces Avail. 19
  • Property Tenancy Multi-Tenant
  • Year Built 1983
  • Date Updated Apr 22, 2024
  • Grade Level Doors 5
  • Fire Sprinklers None
  • HVAC None
Conveniently located in Miami, FL, this thriving area offers easy access to major transportation routes and a robust industrial and distribution sector.. The subject property is zoned ID, Industrial District, (Center Sub-District) and is located within the PECUC, Perrine Community Urban Center, Miami-Dade County, Florida. The uses allowed in this area include all uses within the IU-1 and IU-2 districts, which include most industrial uses. Uses in the MO (Mixed Use Optional) District are also allowed. With its close proximity to key points of interest and a strong commercial presence, the property presents an exceptional opportunity for industrial, warehouse, or distribution investors looking to capitalize on the dynamic South Florida market.Uncover the potential of this prime industrial property in South Florida. Boasting a 17,734 SF building with 5 units, this multi-tenant warehouse presents a compelling investment opportunity. Constructed in 1983 and zoned for industrial use, the property enjoys full occupancy and offers a Pro-Forma CAP Rate of 7.98%. Featuring a diverse range of tenants including a restaurant and auto repair shops, the building's adaptable layout and 16-20' ceiling height add to its appeal. With 100% month-to-month occupancy and a strategic location, this property is positioned for a strong income-generating potential. Don't miss the chance to take advantage of this unique industrial investment in the high-demand South Florida market. The property sale includes a leased billboard. This is a perfect investment opportunity, as the building is currently occupied by a body shop, auto mechanic, and restaurant. All tenants are paying below market rates, and their leases expire in mid-2024. Selling for less than construction cost. 40 year recertification in progress.

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Highlights

  • - 17,734 SF multi-tenant industrial property
  • - 5 units with diverse tenant mix including restaurant and auto repair
  • - Built in 1983, zoned for industrial use
  • - 100% month-to-month occupancy with Pro-Forma CAP Rate of 7.98%
  • - Flexible layout with 16- 20' ceiling height
  • - Exterior features painted concrete block, stucco, and brick walls
  • - Roof includes built-up cover over concrete tees and barrel tile mansard
  • - Street-level loading with four overhead rolling doors
  • - Central air-conditioning in restaurant and office area
  • - Ample parking with 19 paved spaces
  • - Diverse lighting including fluorescent and recessed lights
  • - Well-maintained with asphalt-paved parking and loading area
  • - Additional features include billboard and high traffic count

Getting around

  • 70/100

    Walk Score ®

  • 63/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Miami, FL
  • Neighborhood Rosehaven
  • Zip Code 33157
  • Market Miami

Points of Interest

  • Monorail Station 4

    2.41 miles

  • Monorail Station 1

    2.49 miles

  • Monorail Station 3

    2.54 miles

  • Monorail Station 2

    2.76 miles

  • Service Station

    2.91 miles

  • Dadeland South

    6.80 miles

  • Dadeland North

    7.47 miles

  • South Miami

    8.74 miles

  • University

    9.72 miles

  • Shell

    0.31 miles

  • BJ’s Gas

    0.35 miles

  • Chevron

    0.39 miles

  • Marathon

    0.43 miles

  • Wawa

    0.72 miles

  • Shell

    0.77 miles

  • Murphy Express

    0.85 miles

  • Valero

    1.13 miles

  • Chevron

    1.15 miles

  • Shell

    1.23 miles

  • Compass Campers R.V. Rental

    0.14 miles

  • Busy Bee Car Wash

    0.54 miles

  • Enterprise

    0.70 miles

  • Herc Rentals

    0.77 miles

  • Caribbean Car Wash

    1.17 miles

  • Shell

    1.25 miles

  • Enterprise

    2.04 miles

  • Shell

    5.25 miles

  • Enterprise

    6.34 miles

  • Shell

    6.38 miles

  • Pollo Tropical

    0.30 miles

  • Miami Grill

    0.30 miles

  • Boston Market

    0.37 miles

  • IHOP

    0.39 miles

  • Wendy's

    0.41 miles

  • Panera Bread

    0.42 miles

  • Taco Bell

    0.43 miles

  • Popeyes

    0.44 miles

  • La Brasa Grill Cutler Bay

    0.45 miles

  • Burger King

    0.47 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Dante Aleman

Kaizen Realty Partners

(786) 597-0446