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Warehouse Sale in Hialeah, FL at 1620 W 41st St for $950,000
Successful Sale of 1777 NW 72nd Ave
This transaction was a remarkable achievement, with the full sale price reaching $11,850,000, translating to $136.21 per square foot. The property was sold by a private investor and acquired by a strategic buyer keen on expanding their industrial footprint in Miami.
Sale Overview
In an impressive display of real estate expertise, our team successfully brokered the sale of a premier warehouse located at 1777 NW 72nd Ave, situated in Miami's vibrant industrial district.
Sale Price: $11,850,000
Address: 1777 NW 72nd Ave, Miami
Asset Class: Industrial Warehouse
Price per Square Foot: $136.21
Lot Size: 2.87 acres
Building Specifications
This industrial property is a significant asset in the Miami Airport Industrial Park, offering robust features tailored for business success.
Year Built: 1968
Number of Stories: Single-story
Lot Size: 2.87 acres
Building Size: 85,822 square feet
Location Benefits
Miami's 72nd Avenue is a thriving industrial hub, known for its strategic location and proximity to key infrastructure.
Proximity to Miami International Airport: Just a short drive away, ensuring swift logistics and transport.
Nearby Attractions: Close to Sefa Stone showroom, adding commercial synergy.
Transportation Access: Well-connected via major highways and public transport routes.
Sale Details
Full Price: $11,850,000
Price per SF:$136.21
Seller Type: Private Investor
Buyer: Miami-Dade County
Market Analysis
The Miami industrial real estate market continues to thrive, driven by high demand and limited supply, making this property a valuable investment.
Trend Continuation: High demand for industrial spaces near transportation hubs.
Growth Potential: Located in a growing industrial area, promising long-term returns.
Strategic Acquisition: Aligns with market trends favoring logistic-centric properties.
Conclusion
The sale of 1777 NW 72nd Ave is a testament to our expertise in navigating complex real estate transactions, demonstrating our ability to connect buyers with valuable investment opportunities.
For inquiries or further information, please contact our office.
Christian Peter
Founder of Dark Horse Commercial Real Estate, a Miami-based firm specializing in income-generating commercial properties.
With 20+ years in the business, he’s helped clients buy, sell, and invest across Industrial, Multi-Family, Retail, and Office assets.
Assistance Hours
Mon – Fri 9:00am – 5:00pm
Phone Number:
(305) 987-3053
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Phone Number:
(305) 987-3053
