for sale - loopnet...nw 20th street general overall property details address: 2035, 2039, 2047,...

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For Sa Allapattah – NW 7th Avenue Assemblage NW 21st Terrace The subject property is located in the emerging “Allapattah” area which is transitioning into a vibrant and dynamic neighborhood. Tracking the Wynwood and Design District revitalization experience by attracting new commercial, retail and mixed-use multi-family development. Prime mid-block location at the NE corner of NW 7th Avenue and 20th Street offers I-95 exposure plus substantial frontage and exposure on three roads, NW 7th Avenue (300’), NW 6th Place (473’) and NW 20th Street (50’). NW 7th Avenue and 20th Street being the main commercial roadways serving the area connecting it to Wynwood, the Health District, Civic Center, and Omni District. The NW 7th Avenue “Improvement Roadway Project” (NW 8th street to 36th Street) further enhances the subject property’s future development potential and value. The roadway project is presently underway with a projected completion date for the 4th quarter, 2017. Scope of work includes, installing new drainage, water main and sewer system; rebuilding, repaving and re-striping the roadway. Additionally, new signage and pavement markings, curb, gutter and sidewalks, street lighting and traffic signals with two 10’ wide travel lanes in each direction with a 10’ wide center turn lane. Stephen E. Gaunt, CCIM Senior Vice President, Brokerage +1 305 960 8412 [email protected] Eric Gaunt Senior Associate, Brokerage +305 960 8429 [email protected] NW 7th Avenue NW 6th Place Lindsey Hopkins Technical College UM-LSTP NW 20th Street

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Page 1: For Sale - LoopNet...NW 20th Street GENERAL OVERALL PROPERTY DETAILS ADDRESS: 2035, 2039, 2047, 2055, 2065 NW 7th Avenue and NW 6th Place North of 20th Street, Miami, FL 33127 FOLIO’S

For SaleAllapattah – NW 7th Avenue Assemblage

NW 21st Terrace

• The subject property is located in the emerging “Allapattah” area which is transitioning into a vibrant and dynamic neighborhood.Tracking the Wynwood and Design District revitalization experience by attracting new commercial, retail and mixed-use multi-familydevelopment.

• Prime mid-block location at the NE corner of NW 7th Avenue and 20th Street offers I-95 exposure plus substantial frontage andexposure on three roads, NW 7th Avenue (300’), NW 6th Place (473’) and NW 20th Street (50’). NW 7th Avenue and 20th Street being themain commercial roadways serving the area connecting it to Wynwood, the Health District, Civic Center, and Omni District.

• The NW 7th Avenue “Improvement Roadway Project” (NW 8th street to 36th Street) further enhances the subject property’s futuredevelopment potential and value. The roadway project is presently underway with a projected completion date for the 4th quarter,2017. Scope of work includes, installing new drainage, water main and sewer system; rebuilding, repaving and re-striping the roadway.Additionally, new signage and pavement markings, curb, gutter and sidewalks, street lighting and traffic signals with two 10’ widetravel lanes in each direction with a 10’ wide center turn lane.

Stephen E. Gaunt, CCIM Senior Vice President, Brokerage+1 305 960 [email protected]

Eric GauntSenior Associate, Brokerage+305 960 8429 [email protected]

NW

7th

Ave

nue N

W 6th Place

Lindsey HopkinsTechnical College

UM-LSTP

NW 20th Street

Page 2: For Sale - LoopNet...NW 20th Street GENERAL OVERALL PROPERTY DETAILS ADDRESS: 2035, 2039, 2047, 2055, 2065 NW 7th Avenue and NW 6th Place North of 20th Street, Miami, FL 33127 FOLIO’S

GENERAL OVERALL PROPERTY DETAILS

ADDRESS: 2035, 2039, 2047, 2055, 2065 NW 7th Avenue and NW 6th Place North of 20th Street, Miami, FL 33127

FOLIO’S 01-3125-035-0230, 0220, 0210, 0200, 0190, 2850 and 2060

LAND SIZE: 79,008 SF m/l DIMENSIONS: 300’ (NW 7th Avenue)

(Irregular Size) 240’ (North Boundary)

473’ (NW 6th Place)

50’ (NW 20th Street)BLDG/IMPROVEMENTS: 33,658 SF. m/l. (4 warehouse structures)

BUILT: 1930 - 1954

ZONING: D-2, 7700- INDUSTRIAL RESTRICTED, City Of Miami

UTILITIES:

RE.TAXES:

SELLER LEASEBACK:

SALE PRICE:

Water, Electric, Sewer and Telephone

$51,030 (2016)

Seller/Tenant will require a one (1) year lease from the date of closing to relocate its business. Business is currently on a year to year lease, ($212,880/year). Tenant responsible for all costs associated except RE Taxes. Owner willing to take back purchase money mortgage.$11, 420,000

SPECIFIC INDIVIDUAL PROPERTY DETAILS

ADDRESS: 2035 NW 7th Avenue, Miami, FL 33027

FOLIO: 01-3125-035-0230

LAND SIZE: 7,600 SF

BLDG/IMPROVEMENT 7,475 SF

DESCRIPTION: The subject property is improved with a CBS warehouse containing 7,475 sf. The building was constructed in 1939 and contains approximately 1,100 Sf. of office space. The walls are concrete block, concrete floors, covered dock area, Dade County Pine roof Trusses with ceiling heights above

18 feet.

ADDRESS: 2039 NW 7th Avenue, Miami, FL 33127

FOLIO: 01-3125-035-0220

LAND SIZE: 7,450 SF

BLDG/IMPROVEMENT: N/A

DESCRIPTION: Vacant parcel, unimproved.

Allapattah-NW 7th Avenue Assemblage

Page 3: For Sale - LoopNet...NW 20th Street GENERAL OVERALL PROPERTY DETAILS ADDRESS: 2035, 2039, 2047, 2055, 2065 NW 7th Avenue and NW 6th Place North of 20th Street, Miami, FL 33127 FOLIO’S

ADDRESS: 2047 NW 7th Avenue, Miami, FL 33127

FOLIO: 01-3125-035-0210

LAND SIZE: 3,600 SF

BLDG/IMPROVEMENT: N/A

DESCRIPTION: Vacant parcel, unimproved.

ADDRESS: 2055 NW 7th Avenue, Miami, FL 33127

FOLIO: 01-3125-035-0200

LAND SIZE: 11,600 SF

BLDG/IMPROVEMENT: 11,528 SF BUILT: 1938

DESCRIPTION: First Floor office space with an executive office area on the second floor containing approximately 1,000 SF the walls are CBS block, concrete floor, Dade County Pine roof truss and dock height platforms for ceilings. Property is in average shape conditions with ceiling heights of 18’.

ADDRESS: 2065 NW 7th Avenue, Miami, FL 33127

FOLIO: 01-3125-035-0190

LAND SIZE: 15,200 SF

BLDG/IMPROVEMENT: 14,665 SF

DESCRIPTION: The subject property is improved with two buildings. Building 1, constructed in 1930, containing 5,882 SF and building 2, constructed in 1953 containing 8,773 SF. Building 1, contains approximately 3,000 SF of office space. The buildings are CBS block construction, concrete floors concrete I-beams, double dock delivery platforms and 18’ ceilings.

ADDRESS: NW 6th Place (north of NW 20th Street), Miami, FL 33127

FOLIO: 01-3125-035-2850

LAND SIZE: 22,500 SF

BLDG/IMPROVEMENT: N/A

DESCRIPTION: Vacant Land, paved and presently used for parking.

ADDRESS: NW 6th Place (north of NW 20th Street), Miami, FL 33127

FOLIO: 01-3125-035-0860

LAND SIZE: 10,908 SF

BLDG/IMPROVEMENT: N/A

DESCRIPTION: Vacant parcel, paved and presently used for parking.

Allapattah-NW 7th Avenue Assemblage

Page 4: For Sale - LoopNet...NW 20th Street GENERAL OVERALL PROPERTY DETAILS ADDRESS: 2035, 2039, 2047, 2055, 2065 NW 7th Avenue and NW 6th Place North of 20th Street, Miami, FL 33127 FOLIO’S

W

ynwood

UM

-JacksonH

ealth DistrictNW 7th Ave

NW

20th ST

Allapattah - NW 7th Avenue Assem

blage

DISCLAIMER

Jones Lang LaSalle

© 2017Jones Lang LaSalle IP, Inc. All rights reserved. All inform

ation contained herein is from sources deem

ed reliable; however, no representation or w

arranty is made to the accuracy thereof.

Allapattah

UM

- LSTP

Edgewater