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21401300
21401290

4805 E 10th Ave, Hialeah, FL 33013

Arod Partners Realty
Listed by Arod Partners Realty
$2,900,000
500 days on market
Updated 31 days ago

4805 E 10th Ave

Details
APN 04-31-05-001-0840
Property Type Industrial, Retail
Sub Type Warehouse, Storefront (+2)
Square Footage 6,080
Net Rentable (SqFt) 8,935
Units 1
Cap Rate 6.9%
NOI $200,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 4
Lease Expiration 12/29/2027
Remaining Term 1.6
Rent Bumps Yes
Pro-Forma Cap Rate 6.9%
Pro-Forma NOI $200,000
Price per SqFt $335
Broker Co-Op Yes
Class C
Year Built 1968
Year Renovated 2016
Buildings 1
Stories 2
Lot Size (SqFt) 10,000
Zoning 7100
Investment Type Owner/User
Tenant Credit No Credit Rating
Lease Commencement 12/31/2023
Dock High Doors 1
Sale Condition For sale by owner

Versatile Industrial Property with Modern Upgrades – For Sale!

Marketing description

This unique commercial and industrial property sits on a 10,018-square-foot lot, offering a versatile and functional layout. It features a total of 2,176 square feet of flexible space, including 1,259 square feet of indoor area and 917 square feet of warehouse space with an impressive 24-foot clear ceiling height. The recently renovated second floor adds another 1,259 square feet of usable space, enhancing the property's efficiency. Additionally, a 5,500-square-foot open area is available for storage. Originally built in 1965 and fully renovated in 2016, this property includes key amenities such as a security camera system, an automatic garage door, a fully functional kitchen, and 16 dedicated parking spaces.
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Listing Contacts

Arod Partners Realty
Listed by Arod Partners Realty

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$200,000.00
$16,666.67/mo

Valuation Metrics

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DSCR
6.9%
Cap Rate
6.9%
ROI

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Additional Information

Name
Alejandro Rodriguez
License
BK3471410
Brokerage
Arod Partners Realty
Title
Real Estate Broker
Brokerage Address
2151 Consulate Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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