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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
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
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
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