West Hialeah Multi Bay Investment 7784 W 2nd Ct 44,600 SF 100% Leased Industrial Building Hialeah, FL 33014 $13,750,000 ($308.30/SF) 5.22% Cap Rate
INVESTMENT HIGHLIGHTS
- Two Folio #s which total 44,600 sqft small bay warehouses
- 10% office in each bay 1 street level overhead door per bay
- Short term leases less than 1.5 years
EXECUTIVE SUMMARY
Prime Investment opportunity to purchase 3 buildings with a total of 19 warehouse bays of 1500-2,500-3,000 sqft totalling 44,600 sqft, situated on 1.9 acres of land. 40 year recertified. 10% office and one street level loading door per bay.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
AMENITIES
- Bus Line
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
PROPERTY TAXES
| Parcel Number | 04-2027-087-0100 | Total Assessment | $7,650,000 |
| Land Assessment | $2,308,410 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $5,341,590 | Tax Year | 2024 |
