Industrial & Logistics

South End Industrial

1551 SE 36th Ave Homestead, Florida United States 33035-1205
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Teaser
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I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Building Area

Property Description

South End Industrial is a 32,453 square foot Class A distribution warehouse that was built in 2016 and is 100% leased on a triple-net basis to investment-grade tenants, Goodman Distributors and Frito Lay. Boasting institutional-quality construction conducive to distribution operations, the 104’-deep front-load facility features a minimum 24’ clear, 40’ x 52’ column spacing with 52’ speed bays. The building is serviced by a 84’-deep concrete truck court with seven (7) dock-high doors and seven (7) drive-in doors.


Furthermore, this best-in-class facility touts Class A features such as a prominent glass-line at the buildings main entrance for potential retail-facing flexibility, 2,000 square feet (6.1%) of fully air-conditioned office area, ESFR sprinklers, and motion-sensor LED lighting. The Property is located at 1551 SE 36th Ave, Homestead, FL 33035.

Investment Highlights

  • Core-quality financial profile
  • Discount to recent Miami-Dade industrial sales
  • Long term upside potential from below market in place rents
  • Unencumbered offering
  • 2016 developed, Class A design specifications
  • Regional connectivity to 1 million households within 60 minutes
  • Booming south Miami-Dade industrial market


Last Updated Date: 13 Oct 2020
Luis Castillo
Luis Castillo
Managing Director, Capital markets
License details
SL3203377
+34910602617
Cody Brais
Cody Brais
License details
SL3470646
+34910602617
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Last Updated Date: 13 Oct 2020

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