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Offering Summary
Brokered by Coldwell Banker Realty, in association with Marcus & Millichap, and powered by RealINSIGHT Marketplace, 1001 & 1015 NW 72nd Street is a rare 2.57-acre heavy industrial site assembled from three contiguous parcels in Miami Shores, Florida. The property carries IU-2 Industrial, Heavy Manufacturing zoning, a designation that supports demanding industrial operations, outdoor storage, and future redevelopment. Approximately 36,317 SF of improvements include a one-story office building and a metal-covered industrial hangar, complemented by paved outdoor storage, concrete loading ramps, perimeter fencing, and a 45-foot truck scale. The site offers 645 feet of combined frontage along NW 72nd Street and sits adjacent to the Florida East Coast Railway corridor within Miami-Dade County’s established industrial network. The property is occupied by SA Recycling LLC and All-Ways Towing & Storage Inc. under separate leases with contractual annual increases of 3% and 4%, respectively. Both leases allow the landlord to terminate upon sale with 30 days’ written notice, letting a buyer hold the in-place income or transition the site to owner occupancy, expansion, or redevelopment. In a market where appropriately zoned industrial land is increasingly difficult to assemble, the offering combines scale, zoning, infrastructure, income, and control in one of South Florida’s most competitive industrial markets.
Zoning Link: https://www.miamidade.gov/global/economy/zoning/districts/iu-2-industrial-heavy-manufacturing.page
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The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.
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Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.