Florida’s leading independently owned commercial real estate brokerage firm, today announced it has secured nearly 100,000 square feet of lease renewals and expansions at Waterford at Blue Lagoon, located just south of Miami International Airport and the Dolphin Expressway (SR836) at NW 57th Avenue.
Medley Truck Center
BUILDING NAME: Medley Truck Center
ADDRESS: 11200-11298 NW South River Dr, Medley, FL 33178
Each of the 28 Bays are separately metered for water and electric. Tenants are billed directly by the utility companies for these essential services.
|SALE PRICE:||$7,439,491.60 ($134.23 PSF)|
|Capitalization Rate:||7.4% (in-place) 8.27% (pro forma)|
|Location:||11200-11298 NW S River Drive Medley, FL 33178|
|Gross Building Area:||±55,422 SF|
|Land Area:||±162,483 SF (± 3.73 acres)|
|Occupancy:||99.2 % (a 400 sf Bay is available)|
|Zoning:||M-1 Industrial Extensive|
|Ceiling Height||16 Feet|