Doral Cold Storage

1375 NW 89 CT,
Doral, FL 33172

Industrial Cold Storage Small Bay

$4,350,000
Offering Price
$321,394
NOI
7.39%
Cap Rate
$168
Price Per SF
25,900
Building SF
52,810
Land SF
$4,350,000
Offering Price
$321,394
NOI
7.39%
Cap Rate
$168
Price Per SF
25,900
Building SF
52,810
Land SF

Investment Summary

  • * 100% Occupied Small Bay Cold Storage * Long Term Tenant Occupancy * Centrally Located in Doral Off Major Thoroughfares * Well Maintained Refrigeration Equipment * 1,000 Gallon Back up Generator * Sixteen Refrigeration/Freezer Bays (Dock High) * Thirty Truck Positions (2 per Bay) * Short term Leases (Upside Potential)

Location Summary

  • Over 150,000 employees come to work every day in our city. Home to Fortune 500 companies and government headquarters such as: PBS and J PBS & J Inc. Carnival Cruiselines Carnival Cruise Lines Sears Sears Trump Resort Doral Doral Trump Golf Resort and Spa Hellman Worldwide Hellman Worldwide Logistics United States Southern Command United States Southern Command Telefutura Telefutura Amadeus Amadeus Miami Dade Police Miami-Dade County Police Department Univision Univision Miami Dade Fire Miami-Dade County Fire-Rescue Department Perry Ellis Perry Ellis International Federal Reserve Federal Reserve Bank Bluecross Blue Cross Blue Shield of Florida The Miami Herald The Miami Herald Brinks Brinks Inc. Walmart Walmart Gold Coast Gold Coast Beverage (Pepsi-Cola) Award Icon City of Doral Recognition Doral comes in at #22 in Money Magazine’s list of top 50 cities to live in. Named a 2019 All-America City finalist by the National Civic League. Named the fastest growing City in Florida and 11th in the country by the Florida International University's Metropolitan Center. Recognized as a Real Estate Achiever and Leader by the Greater Miami Chamber of Commerce as recipient of the R.E.A.L Award. Best City in Florida for Business Start-ups by BusinessWeek. Named #2 of America's Top 25 towns to live well for its cultural amenities, pro-business environments, and highly educated workforce by Forbes.com. Awarded Playful City USA 2010-2019. Awarded Tree City USA 2008-2019. Recognized for Performance Management Success by ICMA Center for Performance Measures. City of Doral Ranks 51st in Top 100 Places to Live and Launch a Business in the United States by CNNMoney.com. Named the 3rd Best Place in the USA to Retire by US News & World Report. 96.4% of residents would recommend Doral as a place to live and work and 95.6% rated the quality of life as good/excellent. Fact Icon Doral Facts The City has established noteworthy accomplishments in its five years of incorporation and 15 square miles. World-class parks and cultural activities 3.7% unemployment rate (June 2013) Doral Trump Golf Resort and Spa is home to the famous Blue Monster Over 50 Financial Institutions 23 Hotels averaging over 85% occupancy rate The Doral Business Council (DBC) has 400 member businesses representing 60 industries Over ten Colleges, Universities and Technical Schools. Over 10 artistic-expression schools and multiple public, charter and private schools all having a grade “A” status One of the first Building Departments in the region conducting electronic plan reviews. Pioneered Early Start Permitting Program and Fire/DERM concurrent plan reviews A board game, “DORALOPOLY,” was created by the S.E. FL Lions Club celebrating the City’s entrepreneurial spirit Home to 14 of Miami-Dade County’s over 30 business parks Census reports over 12,000 businesses-Doral Quick Facts US Census planned for the future 30 Chambers and Business organizations in Doral
  • * 100% Occupied Small Bay Cold Storage * Long Term Tenant Occupancy * Centrally Located in Doral Off Major Thoroughfares * Well Maintained Refrigeration Equipment * 1,000 Gallon Back up Generator * Sixteen Refrigeration/Freezer Bays (Dock High) * Thirty Truck Positions (2 per Bay) * Short term Leases (Upside Potential)
FOR MORE DETAILS CONTACT
George Smith
Broker
(305) 359-6119
george@smith-cre.com
BK3301920