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1341-1359 NW 88th Ave 25,548 SF 100% Leased Industrial Building Miami, FL 33172 $11,865,320 CAD ($464.43 CAD/SF) 3.75% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Individually Metered for Water and Electric
  • 18’ Clear Ceiling Height each Bay
  • 31 Total Parking Spaces
  • Tenant’s pay for their own garbage
  • One (1) Street Level Front Loading Door Each Bay
  • Immediate Access to NW 12th St., NW 87th Ave., SR-836, SR-826 & Fl. Turnpike, Close proximity to Miami International Airport and Port of Miami

EXECUTIVE SUMMARY

Ten (10) Office/Warehouse Bays Total: Six (6) 2,700+/- Sq. Ft. Bays and Four (4) 2,400+/- Sq. Ft. Bays
All Bays have small office and restroom
Eight (8) Units are currently leased Month-to-Month
Individually Metered for Water and Electric
Tenant’s pay for their own garbage
18’ Clear Ceiling Height each Bay
One (1) Street Level Front Loading Door Each Bay
31 Total Parking Spaces
Small Outside Storage Yard area available next to Unit 1359
Immediate Access to NW 12th St., NW 87th Ave., SR-836, SR-826 & Fl.
Turnpike, Close proximity to Miami International Airport and Port of Miami

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $11,865,320 CAD
Price Per SF $464.43 CAD
Sale Type Investment or Owner User
Cap Rate 3.75%
Sale Condition 1031 Exchange
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Service
Building Class C
Lot Size 1.22 AC
Rentable Building Area 25,548 SF
No. Stories 1
Year Built 1973
Parking Ratio 1.37/1,000 SF
Clear Ceiling Height 20’
No. Drive In / Grade-Level Doors 10
Zoning IU-C - Industrial Intensive, heavy-light manufacturing, and warehousing-storage type of use

AMENITIES

  • Fenced Lot
  • Front Loading
  • Signage
  • Wheelchair Accessible
  • Yard
  • Storage Space

UTILITIES

  • Lighting
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
35-3033-001-0140
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$5,132,414 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 35443678

  • Date on Market: 2025-04-10

  • Last Updated:

  • Address: 1341-1359 NW 88th Ave, Miami, FL 33172

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