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34389510
34389555

1001 Northwest 72nd Street, Miami, FL 33150 For Sale

DL
FL 3364483
Coldwell Banker Commercial NRT Pensacola
Listed by Coldwell Banker Commercial NRT Pensacola
$3,500,000
2 days on market
Updated 2 days ago
Opportunity zone

1001 NW 72nd St, Miami, Fully-Leased Heavy Industrial Asset

Details
APN 30-31-11-035-4385
Property Type Industrial
Sub Type Flex, Warehouse (+1)
Square Footage 3,688
Units 1
Cap Rate 5.14%
NOI $180,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Price per SqFt $949
Class C
Year Built 1968
Stories 1
Lot Size (SqFt) 31,473
Zoning IU-2
Investment Type Stabilized
Ground Lease No
Sale Condition N/A

Fully-leased heavy industrial asset, $15,000/mo, near MIA & PortMiami

Marketing description

This is an income-producing heavy industrial asset in one of Miami's tightest industrial corridors. The 3,600+ SF building sits on a fenced 31,473 SF lot combining covered building area with open and partially covered outdoor storage, a configuration in real demand and short supply across Miami-Dade's industrial submarkets.

The property is fully leased to a heavy manufacturing tenant on a 7 to 10 year term, generating $15,000 per month ($180,000 annually) in gross rent, with tenant signage limited to the front door and windows. IU-2 heavy industrial zoning supports a wide range of uses, including manufacturing, fabrication, logistics, warehousing, and distribution, giving a future owner flexibility well beyond the current tenant's use.

Interior improvements include a built-out office suite with a conference room and break room, attached to a small, secure warehouse bay. Extensive on-site parking accommodates staff, commercial vehicles, and equipment. The location offers direct, fast access to Miami International Airport, PortMiami, and Miami-Dade's core transportation arteries, a meaningful advantage for logistics and distribution oriented users.

This is a fit for 1031 exchange buyers, income-focused industrial investors, and portfolio buyers looking to place capital in a market where industrial inventory remains structurally constrained. Offered all-cash. Contact the listing team for current lease abstract, financials, and a private tour.

Investment highlights

  • Fully leased heavy industrial/manufacturing facility — immediate cash flow
  • $180,000 gross annual rent on a 7–10 year lease term
  • IU-2 heavy industrial zoning — broad permitted use set (manufacturing, fabrication, logistics, warehouse, distribution)
  • 31,473 SF fenced lot with covered and open outdoor storage
  • Built-out office, conference room, and break room attached to a secure warehouse bay
  • Central Little River/Gladeview location with fast access to Miami International Airport, PortMiami, and primary Miami-Dade transportation corridors
  • All-cash offering — clean, straightforward close
  • Renovated 2017; limited industrial inventory in the surrounding submarket

Listing Contacts

DL
FL 3364483
Coldwell Banker Commercial NRT Pensacola
Listed by Coldwell Banker Commercial NRT Pensacola

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$180,000.00
$15,000.00/mo

Valuation Metrics

0
DSCR
5.14%
Cap Rate
5.14%
ROI

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Additional Information

Name
Denice Landaeta
License
3364483
Brokerage
COldwell Banker Realty
Brokerage Phone
9549146339
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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