573 27Th St Hialeah, FL 33010
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Multi-tenant warehouse, high cash flow.
Property size:
7,931 SFProperty Features for 573 27Th St
General Information
- Property type
- Distribution centers
- Square Feet
- 7,931 SF
- Lot Size
- 10,149 SF
Building Details
- Year Built
- 1963
- Buildings
- 1
- Stories
- 1
- Units
- 4
Listing Agency: borluv, inc. Listing Agent: Alexander Boria
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a 7,931 square foot warehouse located at 573 W 27th St, Hialeah, FL 33010. The property, built in 1963 and situated on a 0.233-acre lot, consists of a single-story building with four individual units, currently leased to multiple tenants under a gross lease agreement. Each unit enjoys four parking spaces. The current lease terms are one-year, with two years remaining on the current agreements. The property boasts a strong net operating income (NOI) of $116,981, resulting in a 5.06% cap rate. The asking price is $2,600,000. The building has recently passed a 40-year city inspection. All units are currently occupied and generating below-market rents, presenting a significant opportunity for immediate cash flow and potential rental increases. This property is ideal for investors seeking a stable, high-yield investment in a prime Hialeah location. Lease renewal options are available. The property is zoned for commercial use, offering further potential for development or expansion. This is a rare chance to acquire a well-maintained, multi-tenant warehouse with significant upside potential.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Distribution centers
Location Insight
- Map
- Local Demand
- City
- Hialeah
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.293706
- Latitude
- 25.8463261
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FAQs
What type of property is this?
Distribution center - Multi-tenant warehouse, high cash flow.
Where is this distribution center located?
The property is located at 573 27Th St Hialeah, FL.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Hialeah industrial warehouse investment opportunity: four units (573, 575, 581, 583) totaling 8,000 square feet, listed at $2.3 million.; 1963-built warehouse with a recently passed 40-year city inspection.; Fully occupied units in good condition, currently generating below-market rents.
