High-End Industrial/Flex
6394 Northwest 84th Avenue Miami, FL 33166
6394 Northwest 84th Avenue, Miami, FL, 33166
Contact for pricing
For Sale
Contact for pricing
Industrial/Flex space available for sale or lease.
Property Size11,000 SF
Price / SF$477.27
Days on Market68
Property Features for 6394 Northwest 84th Avenue
General Information
- Standard status
- Active
- Size
- 11,000 SF
- Property subtype
- Office, Industrial
Listing Agency
Cushman & Wakefield - Miami, Florida
Listed by
Nicolas Palazzo · License #SL3394227
Source
Crexi
Added: May 12 Checked: Jul 16 at 9:49 am
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 Cushman & Wakefield - Miami, Florida
Investment Insights
Based on property information with market context.
This property is a high-end industrial/flex space available for sale or lease. The property size is 11000 square feet.
Key Highlights
- High‑end industrial/flex space
- Suitable for sale or lease
- Flexible usage options
Local Financial Insights For Flex RnD
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 | $264.0k | $24.00 |
| − Vacancy | −$15.8k | −$1.44 |
| EGI | $248.2k | $22.56 |
| − OpEx | −$86.9k | −$7.90 |
| NOI | $161.3k | $14.66 |
11,000 SF · lease $24.00/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$2.30M
$2.02M – $2.69M
NOI $161,304 @ 7.0% cap · market cap 3.07%
Second Best
Industrial
$2.11M
$1.85M – $2.46M
NOI $147,781 @ 7.0% cap · market cap 2.81%
Theoretical Best
Specialty Retail
$7.43M
$6.50M – $8.66M
NOI $519,755 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- The BBQ Caterer — 8601 NW 58th St, Doral, FL 33166
- Crepemaker — 8438 nw 61st st, miami, fl 33166
- Pico e Gallo BBQ — 7070 NW 84th Ave, Miami, FL 33166
- The Guadas Catering LLC — 8345 NW 54th St, Doral, FL 33166
- CrêpeMaker — 8438 NW 61st St, Doral, FL 33166
FAQs
What type of property is this?
Flex space - Industrial/Flex space available for sale or lease.
Where is this flex space located?
The property is located at 6394 Northwest 84th Avenue Miami, FL.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: High‑end industrial/flex space; Suitable for sale or lease; Flexible usage options
