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1395 E 11th Ave 32,000 SF 100% Leased Industrial Building Hialeah, FL 33010 $19,189,372 CAD ($599.67 CAD/SF) 7.25% Cap Rate
Investment Highlights
- 100% climate control
- Multiple hood systems
- Food production impact fees
- Commercial kitchen(s)
- Walk-in cooler and freezer
- Loading docks
Executive Summary
Gridline Properties is pleased to present the exclusive opportunity to acquire 1395 E 11th Avenue, a 32,000-square-foot, purpose-built food production headquarters located in East Hialeah, one of South Florida's most established industrial submarkets. The Property is 100% leased to a national meal-preparation company that recently commenced a new 10-year lease and operates the facility as its South Florida headquarters, providing investors with stable, long-term cash flow from a mission-critical operation.
Completed in 2025, a comprehensive renovation transformed the Property into an institutional-quality food production facility featuring extensive specialty infrastructure that would be difficult and costly to replicate. Combined with its long-term tenancy and strategic location, the Property offers investors a highly differentiated industrial asset with meaningful barriers to entry.
The offering presents a rare opportunity to acquire a stabilized industrial investment supported by specialized improvements, durable cash flow, and long-term industry fundamentals.
Completed in 2025, a comprehensive renovation transformed the Property into an institutional-quality food production facility featuring extensive specialty infrastructure that would be difficult and costly to replicate. Combined with its long-term tenancy and strategic location, the Property offers investors a highly differentiated industrial asset with meaningful barriers to entry.
The offering presents a rare opportunity to acquire a stabilized industrial investment supported by specialized improvements, durable cash flow, and long-term industry fundamentals.
Property Facts
| Price | $19,189,372 CAD | Rentable Building Area | 32,000 SF |
| Price Per SF | $599.67 CAD | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built/Renovated | 1959/2019 |
| Cap Rate | 7.25% | Parking Ratio | 0.63/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 14’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 2 |
| Building Class | A | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.99 AC | ||
| Zoning | 7100 | ||
| Price | $19,189,372 CAD |
| Price Per SF | $599.67 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 7.25% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | A |
| Lot Size | 0.99 AC |
| Rentable Building Area | 32,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1959/2019 |
| Parking Ratio | 0.63/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | 7100 |
Amenities
- Cooler
- Freezer (Space)
- Restaurant
- Wheelchair Accessible
- Storage Space
- Air Conditioning
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 04-3117-016-0110 | Improvements Assessment | $5,956,842 CAD |
| Land Assessment | $2,734,939 CAD | Total Assessment | $8,691,781 CAD |
Property Taxes
Parcel Number
04-3117-016-0110
Land Assessment
$2,734,939 CAD
Improvements Assessment
$5,956,842 CAD
Total Assessment
$8,691,781 CAD
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1395 E 11th Ave
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