Air-Conditioned Flex
17355 NW 59th Ave Hialeah, FL 33015
17355 NW 59th Ave, Hialeah, FL, 33015
$29,500,000
For Sale
$29,500,000
A fully air-conditioned flex warehouse with 32-foot ceilings and extensive parking for tenant operations.
Property Size98,000 SF
Lot Size7.45 Acres
Price / SF$301.02
Days on Market585
Property Features for 17355 NW 59th Ave
General Information
- Standard status
- Active
- Size
- 98,000 SF
- Lot size
- 7.45 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2000
Listing agency
Primetime Realty Group, Inc.
(305) 512-0532
Listed by
Juan Huice · License #3088139
(305) 512-0532
Source
Exitrealty
Added: Dec 14, 2024 Updated: Jul 21 at 4:39PM Checked: Jul 22 at 6:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Primetime Realty Group, Inc.
Investment Insights
Based on property information with market context.
Country Club Commons is a flex warehouse constructed in 2000 on a 7.45-acre corner lot, totaling approximately 98,000 square feet. The building is fully air conditioned and features 32' high ceilings. The site includes a large parking lot with over 410 parking spaces and recently installed LED lighting, along with a modern high-voltage electrical system. Additional infrastructure includes high-volume water allocation and a modern grease trap, and the building is equipped with an elevator.
The property is positioned inside a rapidly expanding Miami Lakes/Hialeah shopping area and is located directly next door to a Miami Lakes Super Walmart, Lowes, and BJ's Wholesale Club. The building also includes over 12,000 square feet of recently remodeled offices plus additional storage areas, supporting a wide range of practical operating configurations.
For sale as a single asset, Country Club Commons offers a functional combination of warehouse height, power and water improvements, and built-out office space within a high-traffic retail environment.
The property is positioned inside a rapidly expanding Miami Lakes/Hialeah shopping area and is located directly next door to a Miami Lakes Super Walmart, Lowes, and BJ's Wholesale Club. The building also includes over 12,000 square feet of recently remodeled offices plus additional storage areas, supporting a wide range of practical operating configurations.
For sale as a single asset, Country Club Commons offers a functional combination of warehouse height, power and water improvements, and built-out office space within a high-traffic retail environment.
Key Highlights
- Built in 2000; 7.45‑acre corner lot with +/-98,000 SF flex warehouse building
- Completely air‑conditioned with 32' high ceilings
- Next door to Miami Lakes Super Walmart, Lowes, and BJ's Wholesale Club
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $3.23M | $33.00 |
| − Vacancy | −$711.5k | −$7.26 |
| EGI | $2.52M | $25.74 |
| − OpEx | −$630.6k | −$6.44 |
| NOI | $1.89M | $19.31 |
98,000 SF · lease $33.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$27.03M
$23.65M – $31.53M
NOI $1,891,890 @ 7.0% cap · market cap 6.41%
Second Best
Flex RnD
$21.10M
$18.46M – $24.61M
NOI $1,476,821 @ 7.0% cap · market cap 5.01%
Theoretical Best
Office A
$38.57M
$33.75M – $45.00M
NOI $2,700,096 @ 7.0% cap · market cap 9.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Simple Southern Catering — 18538 NW 67th Ave, Miami Gardens, FL 33015
- Melians Enterprises — 6157 NW 167th St STE F27, Hialeah, FL 33015
- CJs Catering — 5190 NW 167th St, Miami Gardens, FL 33014
- Crazy 4 Meat — 6970 NW 177th St, Hialeah, FL 33015
- Mary & Mo Catering — 6643 NW 174th Ln, Hialeah, FL 33015
FAQs
What type of property is this?
Flex space - A fully air-conditioned flex warehouse with 32-foot ceilings and extensive parking for tenant operations.
Where is this flex space located?
The property is located at 17355 NW 59th Ave Hialeah, FL.
What is the asking price?
The asking price for this property is $29,500,000.
What are key features of this property?
This property features: Built in 2000; 7.45‑acre corner lot with +/-98,000 SF flex warehouse building; Completely air‑conditioned with 32' high ceilings; Next door to Miami Lakes Super Walmart, Lowes, and BJ's Wholesale Club
