10340 187th St #4 ,Industrial for Sale & Rent

10340 187th St #4 for Sale & Rent

Price $1,650,000.00

• Lot size 7590
• Year Build 1976
• Waterfront
• Zip 33157
• Style
• Parking Description
• Pool Yes
• Status Active

Description

This offering is for two (2) contiguous, light manufacturing warehouse units, in a commercial condominium complex, zoned industrial, with a total foot print of 7,590sf on one level with one roll-up door per unit. The property is being offered at a 5% cap with a modified gross leaseback for 5 years. The property is located just off of S. Dixie Highway in the booming neighborhood of Cutler Bay. Owner/Tenant has been in business for over 15 years in the same location, and is looking to remain in place after the sale.

For showing instructions, please contact Minerva Arboleya at 305-632-2512 or minerva@relatedisg.com. Video tour available upon request.

BUILDING D CONDO UNIT 4 UNDIV 5.62% INT IN COMMON ELEMENTS OFF REC 18401-4464 OR 18691-3631 0999 2

This offering is for two (2) contiguous, light manufacturing warehouse units, in a commercial condominium complex, zoned industrial, with a total foot print of 7,590sf on one level with one roll-up door per unit. The property is being offered at a 5% cap with a modified gross leaseback for 5 years. The property is located just off of S. Dixie Highway in the booming neighborhood of Cutler Bay. Owner/Tenant has been in business for over 15 years in the same location, and is looking to remain in place after the sale.

City:Cutler Bay,Zoning:7100,List A O R:A-Miami Association of REALTORS,Latitude:25.5933007,Lease Term:4 To 6 Year Lease,List Price:1650000,Listing Id:A11434103,Longitude:-80.3587221,Mls Status:Active,Year Built:1976,Inclusions:Leases,Postal Code:33157,Street Name:187th St,Unit Number:4,Coordinates:1:25.5933007,Photos Count:7,Business Type:1:Warehouse Space,Days On Market:14,Listing Terms:1:Subject To Lease,Lot Size Units:Square Feet,On Market Date:2023-07-27,Parcel Number:30-60-05-084-0040,Property Type:Commercial Sale,Street Number:10340,Public Remarks:This offering is for two (2) contiguous, light manufacturing warehouse units, in a commercial condominium complex, zoned industrial, with a total foot print of 7,590sf on one level with one roll-up door per unit. The property is being offered at a 5% cap with a modified gross leaseback for 5 years. The property is located just off of S. Dixie Highway in the booming neighborhood of Cutler Bay. Owner/Tenant has been in business for over 15 years in the same location, and is looking to remain in place after the sale.,Structure Type:1:Warehouse,2:Industrial,County Or Parish:Miami-Dade County,Expiration Date:2024-01-26,List Office Name:Related ISG Realty, LLC.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:6827,Property Sub Type:Industrial,State Or Province:FL,Street Dir Prefix:SW,Tax Annual Amount:4849,Unparsed Address:10340 SW 187th St # 4, Cutler Bay FL 33157,Listing Agreement:Exclusive Right To Sell,Building Area Total:7590,Building Area Units:Square Feet,Lease Considered Y N:1,Original List Price:1650000,Public Survey Range:60,I D X Participation Y N:1,Syndication Remarks:This offering is for two (2) contiguous, light manufacturing warehouse units, in a commercial condominium complex, zoned industrial, with a total foot print of 7,590sf on one level with one roll-up door per unit. The property is being offered at a 5% cap with a modified gross leaseback for 5 years. The property is located just off of S. Dixie Highway in the booming neighborhood of Cutler Bay. Owner/Tenant has been in business for over 15 years in the same location, and is looking to remain in place after the sale.,Listing Contract Date:2023-07-27,Originating System I D:miamire,Street Number Numeric:10340,Tax Legal Description:BUILDING D CONDO UNIT 4 UNDIV 5.62% INT IN COMMON ELEMENTS OFF REC 18401-4464 OR 18691-3631 0999 2,Public Survey Township:60,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:$1,Contract Status Change Date:2023-07-27,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,Transaction Broker Compensation:2.5%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,