Renovated Warehouse with Heavy Power

777 NW 71st St, Miami, FL

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For Sale

Contact for pricing

Renovated warehouse featuring heavy power, offices, and multiple loading options.

Type:INDUSTRIAL

Property size:

55,000 SF

Lot size:

1.74 Acres

Price / SF:

$309/SF

HighLights

Recent renovations including new roof, warehouse windows, bathrooms, offices, and showroom.
Versatile loading options: Dock positions, large ramp, and van height doors.
High ceiling: 20’ clear height.
Substantial space: Features 4,986 SF office/showroom plus 3,865 SF mezzanine.
Heavy power capacity.
Fully sprinklered with recent 40‑year certification.

We can help!

Listing Contact

Robert Eckstein

For Sale

Contact for pricing

Renovated warehouse featuring heavy power, offices, and multiple loading options.

Type:INDUSTRIAL

Property size:

55,000 SF

Lot size:

1.74 Acres

Price / SF:

$309/SF

Added:: Sep 6, 2023
Days on Market:: 1013
Last Refresh:: May 19 at 10:23 pm

Property Features for 777 NW 71st St

General Information

Standard status: Active
Size: 55,000 SF
Lot size: 1.74 Acres
Property subtype: INDUSTRIAL

We can help!

Listing Contact

Robert Eckstein

Listing agent Robert Eckstein License #BK618278

Listing office NAI Miami - Corporate

Listing date Sep 6, 2023

Source Moodyscre

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 NAI Miami - Corporate

HighLights

Recent renovations including new roof, warehouse windows, bathrooms, offices, and showroom.
Versatile loading options: Dock positions, large ramp, and van height doors.
High ceiling: 20’ clear height.
Substantial space: Features 4,986 SF office/showroom plus 3,865 SF mezzanine.
Heavy power capacity.
Fully sprinklered with recent 40‑year certification.

Overview

This property features 4,986 square feet of office and showroom space, along with a 3,865-square-foot mezzanine. The east side of the building includes one van-height door, with the potential to reopen two additional van-height doors. The west side is equipped with three oversized doors, providing three dock positions and one large ramp. Inside, there is a foreman’s office and a 20-foot clear ceiling height. The property benefits from heavy power and has undergone recent renovations, including a new roof, new warehouse windows, updated bathrooms, offices, and showroom. The building is fully sprinklered and has a recent 40-year certification. The total property size is 55,000 square feet.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$1.11M	$20.16
− Vacancy	−$53.2k	−$0.97
EGI	$1.06M	$19.19
− OpEx	−$158.3k	−$2.88
NOI	$897.2k	$16.31

55,000 SF · lease $20.16/SF/yr · vacancy 4.80% · expense 15.00%

Alternative Uses

Best Use

Warehouse

$12.82M

$11.22M – $14.95M (±1% cap)

NOI $897,241 @ 7.0% cap · market cap 5.28%

Second Best

Flex RnD

$11.52M

$10.08M – $13.44M (±1% cap)

NOI $806,520 @ 7.0% cap · market cap 4.74%

Theoretical Best

Specialty Retail

$37.13M

$32.48M – $43.31M (±1% cap)

NOI $2,598,775 @ 7.0% cap · market cap 15.29%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Deck Builders Depot Building Supply Ipe Decking General Contractor Premium Decking Products General Contractor Royal Turf General Contractor Brazilian Lumber Miami Big Box & Wholesale Store

Suggested Use

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Location Insight

Map
Local Demand

City: Miami
County: Miami-Dade
State: Florida
Longitude: -80.1805
Latitude: 25.8406

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For sale
Warehouses
FL
Miami
777 NW 71st St

What type of property is this?

Warehouse - Renovated warehouse featuring heavy power, offices, and multiple loading options.

Where is this warehouse located?

The property is located at 777 NW 71st St Miami, FL.

What is the asking price?

The asking price for this property is $17,000,000.

What are key features of this property?

This property features: Recent renovations including new roof, warehouse windows, bathrooms, offices, and showroom.; Versatile loading options: Dock positions, large ramp, and van height doors.; High ceiling: 20’ clear height.

777 NW 71st St, Miami, FL

Renovated warehouse featuring heavy power, offices, and multiple loading options.

Property Features for 777 NW 71st St

General Information

We can help!

HighLights

Overview

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Miami Mixed-Use Investment Opportunity

Miami Office Buildings with Redevelopment Potential

Established Automotive Business on Calle 8

Prime Westchester Commercial Property

Updated Two-Story Miami Office Building

Miami Riverfront Mixed-Use Opportunity

Miami Commercial Building For Sale

Miami Warehouse Condo For Sale

Miami Commercial Corner Lot Opportunity

Freestanding Commercial Building on 8th

Miami River Commercial Opportunity

Operating Supermarket on High-Traffic Corner

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