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34330256
34330257

16891 NW 122nd Ave, Hialeah, FL 33018 For Sale

SM
FL FL SL3243522
Scarlett Harper Commercial
ML
FL SL3628630
Scarlett Harper Commercial
Listed by Scarlett Harper Commercial
$22,000,000
11 days on market
Updated 8 days ago

RARE Miami IOS Site

Details
APN 30-2913-001-0151, 30-2913-001-0150
Property Type Industrial, Land
Sub Type Outdoor Storage
Square Footage 423,838
Net Rentable (SqFt) 423,838
Tenancy Single
Lease Type Modified
Acreage 9.730
Zoning AU
Parking Spaces 240 spaces
Parking per 1,000 SqFt 0.57
Ownership Fee Simple

Industrial Outdoor Storage | 10 acres | Hialeah

Marketing description

Scarlett Harper Commercial, LLC as exclusive advisor, proudly presents the "Hialeah IOS Site," a rare opportunity encompassing approximately 10 acres in Hialeah, Florida. This unique property boasts a fully functional outdoor storage/truck parking facility, making it a standout offering in the Miami market where land scarcity and high development costs limit the availability of competitive product. The site has seen significant multimillion-dollar enhancements in recent years, featuring 240 designated truck parking spaces. With these improvements in place, prospective buyers can seamlessly transition into operation without delay or additional expenses, rendering it exceptionally appealing to new owners.

Additionally, the property features a modern 2,000 SF building utilized by a tenant for operational needs and truck repairs, ensuring operational efficiency. Security is paramount, ensured by perimeter fencing, while full water and power connections further enhance functionality. Currently leased to an outdoor truck storage operator at approximately $35,000 per month on a month to month basis, the property can be delivered vacant if required. Owner-users and investors seeking to occupy or re-lease the site in whole or in part can underwrite to prevailing market rates of $4.00 to $5.00/SF NNN, consistent with current Miami IOS leasing activity.

Investment highlights

  • Prized industrial outdoor storage site totaling almost 10 acres
  • Excellent accessibility near Florida's Turnpike, W. Okeechobee Road, I-75, and Palmetto Expressway
  • Rare fully improved site in Miami Dade with huge barriers to entry
  • Significant multi-million-dollar infrastructure invested including state of the art 2,000 building, full perimeter fencing and connected utilities
  • Extremely difficult to replicate due to limited wetland credits and permitting process

Listing Contacts

SM
FL FL SL3243522
Scarlett Harper Commercial
ML
FL SL3628630
Scarlett Harper Commercial
Listed by Scarlett Harper Commercial

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Additional Information

Name
Sebastian Misiewicz
License
FL SL3243522
Brokerage Phone
305-904-5956
Name
Matthew Lago
License
SL3628630
Brokerage Phone
305-904-5956
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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