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Leased Flex Industrial Building
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20201 NE 16th Pl, Miami, FL 33179

Class A flex/industrial building with private restrooms and kitchens, offering an office-focused layout and ample on-site parking.

Property Size7,241 SF
Days on Market122

Property Features for 20201 NE 16th Pl

General Information

Standard status Active
Size 7,241 SF
Class A
Property subtype Industrial
Occupancy 100%

Additional Details

Highway Access Yes

Amenities

private restrooms
kitchens
security

Building Details

Tenancy Multi
Listing Agency: Keller Williams Elite Properties
Listed By: Jorge Osores · License #3396503
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 8:49AM

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 Keller Williams Elite Properties

Investment Insights

Based on property information with market context.

This Class A flex/industrial building totals 7,241 square feet and is fully leased. The space includes private restrooms and kitchens, along with an office layout designed to support day-to-day operations. Parking is available on-site with security, and the property is described as occupied by established tenants under multi-year leases.

The building is located directly off I-95 and Ives Dairy Rd, providing straightforward highway access for business traffic and deliveries.

The existing lease structure is described as including significant annual rent increases and provides strong return potential as presented in the remarks.

Key Highlights

  • Class A flex/industrial building on I‑95 and Ives Dairy Rd
  • Fully rented with four (4) year leases that started in Q1 2018
  • Leases include significant annual rent increases (rent increases every year) supporting returns in excess of 8%

Property Analytics

Current Use

Hatzalah South Florida ... Ambulance Service Fenster Foundation Life Coach People's Insurance Claim ... Financial Advisor Unit Dose Services Industrial Manufacturer

Suggested Use

Top Pick Restaurant Real Estate Agency Dental Office Building Supply Spa & Massage Center Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

895
Businesses Nearby
Balanced
Demand for This Use

Demographics for 33179, FL

48,088
Population
21,249
Households
2.3
Avg Household Size
41
Median Age
33%
College-Educated
91%
High-School Grad
5.0 sq mi
ZIP Area
9,618
Density / Sq Mi
$61,526
Median Household Income
$37,555
Median Earnings
$1,736
Median Rent
$281,400
Median Home Value

Market

Vacancy Rate% for Industrial in Miami, FL

4.1% 2019
4.6% 2020
2.2% 2021
1.6% 2022
2.4% 2023
5.7% 2024
6.5% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Gusto bites 1620 NE 205th Terrace, Miami, FL 33179
  • Rinat's Catering 2385 NE 199th St, Miami, FL 33180
  • Molly's Gourmet Meals 19593 NE 10th Ave, Miami, FL 33179
  • Gavriel Event Catering IVES I-95 Business Center, North Miami Beach, FL 33179
  • Empalicious 1620 NE 205th Terrace, Miami, FL 33179

Frequently Asked Questions

What type of property is this?
Flex space - Class A flex/industrial building with private restrooms and kitchens, offering an office-focused layout and ample on-site parking.
Where is this flex space located?
The property is located at 20201 NE 16th Pl Miami, FL.
What are key features of this property?
This property features: Class A flex/industrial building on I‑95 and Ives Dairy Rd; Fully rented with four (4) year leases that started in Q1 2018; Leases include significant annual rent increases (rent increases every year) supporting returns in excess of 8%
More about this property
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