Miami Industrial Flex Space
For Sale
$2,550,000
5-7620 Nw 25th St, Miami, FL 33137
6,194 SF flex space in active industrial corridor.
Property Size6,194 SF
Price / SF$411.69
Days on Market178
Property Features for 5-7620 Nw 25th St
General Information
Standard status
Active
Size
6,194 SF
Listing Agency:
Brickell Realty Group International
(786) 281-2665
Listed By:
Andreina Goncalves · License #3291122
(786) 281-2665
Source:
Exprealty
Added: Feb 27
Changed: Aug 20
Last Checked: Aug 24 at 12:39PM
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 Brickell Realty Group International
Investment Insights
Based on property information with market context.
Located in Miami-Dade's active industrial corridor, this 6,194 square foot property is currently leased to a television broadcasting company and is built out primarily with multiple office spaces. The existing layout can be easily reconfigured to accommodate additional warehouse area, making it suitable for distribution, logistics, or manufacturing. The property can also be delivered vacant at closing, presenting an opportunity for an owner-user or value-add investor. The building features 24-foot clear ceiling heights, dock-high and ramp loading, and a double rear loading door to support efficient shipping and receiving. Additional features include ample unassigned parking and a spacious loading court.
Key Highlights
- Located in Miami‑Dade's most active industrial corridor.
- Can be delivered vacant at closing, ideal for owner‑user or value‑add investor.
- Benefit from 24‑foot clear ceiling heights.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$90,829
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.56%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,816,580
$1.8M
Cap Rate 7%
$1,297,557
$1.3M
Cap Rate 9%
$1,009,211
$1.0M
Market Conditions
NOI Build-Up for 6,194 SF
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.
Gross rent
$148.7K $24.00/SF
− Vacancy
−$8.9K −$1.44/SF
EGI
$139.7K $22.56/SF
− OpEx
−$48.9K −$7.90/SF
NOI
$90.8K $14.66/SF
Area
Miami, FL
Vacancy
6.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,816,580
Cap Rate 7%
$1,297,557
Cap Rate 9%
$1,009,211
Alternative Uses
Best Use
Flex RnD
$1.30M
$1.14M – $1.51M
NOI $90,829 @ 7.0% cap · market cap 3.56%
Second Best
Industrial
$1.19M
$1.04M – $1.39M
NOI $83,214 @ 7.0% cap · market cap 3.26%
Theoretical Best
Specialty Retail
$4.18M
$3.66M – $4.88M
NOI $292,669 @ 7.0% cap · market cap 11.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,675
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33137, FL
25,763
Population
15,237
Households
1.7
Avg Household Size
37
Median Age
51%
College-Educated
90%
High-School Grad
2.0 sq mi
ZIP Area
12,882
Density / Sq Mi
$82,798
Median Household Income
$53,519
Median Earnings
$2,338
Median Rent
$532,900
Median Home Value
Market
Vacancy Rate% for Industrial in Miami, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - 6,194 SF flex space in active industrial corridor.
Where is this flex space located?
The property is located at 5-7620 Nw 25th St Miami, FL.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: Located in Miami‑Dade's most active industrial corridor.; Can be delivered vacant at closing, ideal for owner‑user or value‑add investor.; Benefit from **24‑foot clear ceiling heights**.
