7640 NW 36Th Ave Miami, FL 33147

Located in Hialeah, this industrial warehouse presents an opportunity in Miami-Dade's industrial market. The property includes an existing 26,304 square foot multi-tenant warehouse situated on a 1.72 acre lot. A secured 34,659 square foot front yard area offers potential for outdoor storage, truck parking, or container staging. The industrial zoning supports storage and logistics uses, aligning with tenant demand for industrial outdoor storage in this submarket. Investors can enhance value by improving the outdoor yard with fencing, surfacing, and screening, creating a dual-income stream combining warehouse tenancy with land rents. The property's lease structure includes tenants responsible for their pro-rata share of property taxes above the base year. The landlord retains the right to terminate the lease with six months' written notice. The multi-tenant, one-story industrial building features five street-level drive-in doors, a clear height of 14 feet, and a building height of 18 feet. It is equipped with heavy 3-phase power and air conditioning. Located in an IU-1 zone and an Opportunity Zone, the property offers access to expressways, including I-95, the Palmetto Expressway, 836, and the Hialeah Expressway. It is located 7.4 miles from Miami International Airport and 21.3 miles from Fort Lauderdale-Hollywood International Airport.