7101 - 7111 N MIAMI AVE...DDRSS BSIT CNTACT: IL 7101-7111 N. MIAMI AVE, MIAMI, FL | metro1.com |...

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LITTLE RIVER INDUSTRY BLDG 7101 - 7111 N MIAMI AVE

Transcript of 7101 - 7111 N MIAMI AVE...DDRSS BSIT CNTACT: IL 7101-7111 N. MIAMI AVE, MIAMI, FL | metro1.com |...

  • LITTLE RIVERINDUSTRY BLDG

    | |PROCURING BROKER SHALL ONLY BE ENTITLED TO A COMMISSION, CALCULATED IN ACCORDANCE WITH THE RATES APPROVED BY OUR PRINCIPAL ONLY IF SUCH PROCURING BROKER EXECUTES A BROKERAGE AGREEMENT ACCEPTABLE TO US AND OUR PRINCIPAL AND THE CONDITIONS AS SET FORTH IN THE BROKERAGE AGREEMENT ARE FULLY AND UNCONDITIONALLY SATISFIED. ALTHOUGH ALL INFORMATION FURNISHED REGARDING PROPERTY FOR SALE, RENTAL, OR FINANCING IS FROM SOURCES DEEMED RELIABLE, SUCH INFORMATION HAS NOT BEEN VERIFIED AND NO EXPRESS REPRESENTATION IS MADE NOR IS ANY TO BE IMPLIED AS TO THE ACCURACY THEREOF AND IT IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE AND TO ANY SPECIAL CONDITIONS IMPOSED BY OUR PRINCIPAL.

    ADDRESS: WEBSITE: CONTACT: EMAIL:

    7101-7111 N. MIAMI AVE, MIAMI, FL | metro1.com | 305.571.9991 | [email protected] 1

    Alfredo RiascosSenior Sales Associate

    Mateo RomeroAssociate

    Tony ArellanoExecutive VP

    LITTLE RIVERINDUSTRY BLDG

    7101 - 7111 N MIAMI AVE

  • LITTLE RIVERINDUSTRY BLDG

    | |PROCURING BROKER SHALL ONLY BE ENTITLED TO A COMMISSION, CALCULATED IN ACCORDANCE WITH THE RATES APPROVED BY OUR PRINCIPAL ONLY IF SUCH PROCURING BROKER EXECUTES A BROKERAGE AGREEMENT ACCEPTABLE TO US AND OUR PRINCIPAL AND THE CONDITIONS AS SET FORTH IN THE BROKERAGE AGREEMENT ARE FULLY AND UNCONDITIONALLY SATISFIED. ALTHOUGH ALL INFORMATION FURNISHED REGARDING PROPERTY FOR SALE, RENTAL, OR FINANCING IS FROM SOURCES DEEMED RELIABLE, SUCH INFORMATION HAS NOT BEEN VERIFIED AND NO EXPRESS REPRESENTATION IS MADE NOR IS ANY TO BE IMPLIED AS TO THE ACCURACY THEREOF AND IT IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE AND TO ANY SPECIAL CONDITIONS IMPOSED BY OUR PRINCIPAL.

    ADDRESS: WEBSITE: CONTACT: EMAIL:

    7101-7111 N. MIAMI AVE, MIAMI, FL | metro1.com | 305.571.9991 | [email protected] 2

    Alfredo RiascosSenior Sales Associate

    Mateo RomeroAssociate

    Tony ArellanoExecutive VP

    PROPERTY OVERVIEW

    TITLED BUILDING HIGHLIGHTS

    ZONING: D1

    TYPE: FLEX INDUSTRIAL

    SIZE: 48,607 SF

    LOT SIZE: 77,010 SF

    PARKING: 71 SPACES +/-

    USES: CREATIVES, INDUSTRY, MAKERS & BAKERS.

    • CREATIVES

    • INDUSTRY

    • MAKERS & BAKERS

    is home to...

    LITTLE RIVERINDUSTRY BLDG

  • LITTLE RIVERINDUSTRY BLDG

    | |PROCURING BROKER SHALL ONLY BE ENTITLED TO A COMMISSION, CALCULATED IN ACCORDANCE WITH THE RATES APPROVED BY OUR PRINCIPAL ONLY IF SUCH PROCURING BROKER EXECUTES A BROKERAGE AGREEMENT ACCEPTABLE TO US AND OUR PRINCIPAL AND THE CONDITIONS AS SET FORTH IN THE BROKERAGE AGREEMENT ARE FULLY AND UNCONDITIONALLY SATISFIED. ALTHOUGH ALL INFORMATION FURNISHED REGARDING PROPERTY FOR SALE, RENTAL, OR FINANCING IS FROM SOURCES DEEMED RELIABLE, SUCH INFORMATION HAS NOT BEEN VERIFIED AND NO EXPRESS REPRESENTATION IS MADE NOR IS ANY TO BE IMPLIED AS TO THE ACCURACY THEREOF AND IT IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE AND TO ANY SPECIAL CONDITIONS IMPOSED BY OUR PRINCIPAL.

    ADDRESS: WEBSITE: CONTACT: EMAIL:

    7101-7111 N. MIAMI AVE, MIAMI, FL | metro1.com | 305.571.9991 | [email protected] 3

    Alfredo RiascosSenior Sales Associate

    Mateo RomeroAssociate

    Tony ArellanoExecutive VP

  • LITTLE RIVERINDUSTRY BLDG

    | |PROCURING BROKER SHALL ONLY BE ENTITLED TO A COMMISSION, CALCULATED IN ACCORDANCE WITH THE RATES APPROVED BY OUR PRINCIPAL ONLY IF SUCH PROCURING BROKER EXECUTES A BROKERAGE AGREEMENT ACCEPTABLE TO US AND OUR PRINCIPAL AND THE CONDITIONS AS SET FORTH IN THE BROKERAGE AGREEMENT ARE FULLY AND UNCONDITIONALLY SATISFIED. ALTHOUGH ALL INFORMATION FURNISHED REGARDING PROPERTY FOR SALE, RENTAL, OR FINANCING IS FROM SOURCES DEEMED RELIABLE, SUCH INFORMATION HAS NOT BEEN VERIFIED AND NO EXPRESS REPRESENTATION IS MADE NOR IS ANY TO BE IMPLIED AS TO THE ACCURACY THEREOF AND IT IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE AND TO ANY SPECIAL CONDITIONS IMPOSED BY OUR PRINCIPAL.

    ADDRESS: WEBSITE: CONTACT: EMAIL:

    7101-7111 N. MIAMI AVE, MIAMI, FL | metro1.com | 305.571.9991 | [email protected] 4

    Alfredo RiascosSenior Sales Associate

    Mateo RomeroAssociate

    Tony ArellanoExecutive VP

    14,340 SF BLDGNORTH LINE

    N MIAMI AVENE

    71 ST

    REET

    PARKING

    SOUTH LINE

  • LITTLE RIVERINDUSTRY BLDG

    | |PROCURING BROKER SHALL ONLY BE ENTITLED TO A COMMISSION, CALCULATED IN ACCORDANCE WITH THE RATES APPROVED BY OUR PRINCIPAL ONLY IF SUCH PROCURING BROKER EXECUTES A BROKERAGE AGREEMENT ACCEPTABLE TO US AND OUR PRINCIPAL AND THE CONDITIONS AS SET FORTH IN THE BROKERAGE AGREEMENT ARE FULLY AND UNCONDITIONALLY SATISFIED. ALTHOUGH ALL INFORMATION FURNISHED REGARDING PROPERTY FOR SALE, RENTAL, OR FINANCING IS FROM SOURCES DEEMED RELIABLE, SUCH INFORMATION HAS NOT BEEN VERIFIED AND NO EXPRESS REPRESENTATION IS MADE NOR IS ANY TO BE IMPLIED AS TO THE ACCURACY THEREOF AND IT IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE AND TO ANY SPECIAL CONDITIONS IMPOSED BY OUR PRINCIPAL.

    ADDRESS: WEBSITE: CONTACT: EMAIL:

    7101-7111 N. MIAMI AVE, MIAMI, FL | metro1.com | 305.571.9991 | [email protected] 5

    Alfredo RiascosSenior Sales Associate

    Mateo RomeroAssociate

    Tony ArellanoExecutive VP

    SOUTH LINE & PARKING | 7101 N MIAMI AVE | 7132 NE MIAMI CT

    NE 71 STREET

    PARKING - 55 SPACES +/-

    N M

    IAM

    I AV

    E

    UNIT 101 4,500 SF

    UNIT 102 3,988 SF

    UNIT 103 3,988 SF

    UNIT 104 3,700 SF

    UNIT 105 4,837 SF

    UNIT 106 3,570 SF

    UNIT 107 3,200 SF

    UNIT 108 3,242 SF

    UNIT 109 3,242 SF

    COMMON AREA

  • LITTLE RIVERINDUSTRY BLDG

    | |PROCURING BROKER SHALL ONLY BE ENTITLED TO A COMMISSION, CALCULATED IN ACCORDANCE WITH THE RATES APPROVED BY OUR PRINCIPAL ONLY IF SUCH PROCURING BROKER EXECUTES A BROKERAGE AGREEMENT ACCEPTABLE TO US AND OUR PRINCIPAL AND THE CONDITIONS AS SET FORTH IN THE BROKERAGE AGREEMENT ARE FULLY AND UNCONDITIONALLY SATISFIED. ALTHOUGH ALL INFORMATION FURNISHED REGARDING PROPERTY FOR SALE, RENTAL, OR FINANCING IS FROM SOURCES DEEMED RELIABLE, SUCH INFORMATION HAS NOT BEEN VERIFIED AND NO EXPRESS REPRESENTATION IS MADE NOR IS ANY TO BE IMPLIED AS TO THE ACCURACY THEREOF AND IT IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE AND TO ANY SPECIAL CONDITIONS IMPOSED BY OUR PRINCIPAL.

    ADDRESS: WEBSITE: CONTACT: EMAIL:

    7101-7111 N. MIAMI AVE, MIAMI, FL | metro1.com | 305.571.9991 | [email protected] 6

    Alfredo RiascosSenior Sales Associate

    Mateo RomeroAssociate

    Tony ArellanoExecutive VP

    N MIAMI AVE

    NORTH LINE | 7111 N MIAMI AVE

    PARKING - 16 SPACES +/-

  • LITTLE RIVERINDUSTRY BLDG

    | |PROCURING BROKER SHALL ONLY BE ENTITLED TO A COMMISSION, CALCULATED IN ACCORDANCE WITH THE RATES APPROVED BY OUR PRINCIPAL ONLY IF SUCH PROCURING BROKER EXECUTES A BROKERAGE AGREEMENT ACCEPTABLE TO US AND OUR PRINCIPAL AND THE CONDITIONS AS SET FORTH IN THE BROKERAGE AGREEMENT ARE FULLY AND UNCONDITIONALLY SATISFIED. ALTHOUGH ALL INFORMATION FURNISHED REGARDING PROPERTY FOR SALE, RENTAL, OR FINANCING IS FROM SOURCES DEEMED RELIABLE, SUCH INFORMATION HAS NOT BEEN VERIFIED AND NO EXPRESS REPRESENTATION IS MADE NOR IS ANY TO BE IMPLIED AS TO THE ACCURACY THEREOF AND IT IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE AND TO ANY SPECIAL CONDITIONS IMPOSED BY OUR PRINCIPAL.

    ADDRESS: WEBSITE: CONTACT: EMAIL:

    7101-7111 N. MIAMI AVE, MIAMI, FL | metro1.com | 305.571.9991 | [email protected] 7

    Alfredo RiascosSenior Sales Associate

    Mateo RomeroAssociate

    Tony ArellanoExecutive VP

    FLOOR PLAN

    1. 7111 N MIAMI AVE (NORTH)01-3112-069-021014,340 SF BLDG22,500 SF LOT

    2. 7101 N MIAMI AVE (SOUTH)01-3112-069-022034,267 SF BLDG48,810 SF LOT

    3. 7132 NE MIAMI CT (EAST)01-3112-069-02305,700 SF LOT

    7111 N MIAMI AVE (NORTH)16 PARKING SPACES

    7101 N MIAMI AVE (SOUTH)28 PARKING SPACES

    7132 NE MIAMI CT(EAST)23 PARKING SPACES

  • LITTLE RIVERINDUSTRY BLDG

    | |PROCURING BROKER SHALL ONLY BE ENTITLED TO A COMMISSION, CALCULATED IN ACCORDANCE WITH THE RATES APPROVED BY OUR PRINCIPAL ONLY IF SUCH PROCURING BROKER EXECUTES A BROKERAGE AGREEMENT ACCEPTABLE TO US AND OUR PRINCIPAL AND THE CONDITIONS AS SET FORTH IN THE BROKERAGE AGREEMENT ARE FULLY AND UNCONDITIONALLY SATISFIED. ALTHOUGH ALL INFORMATION FURNISHED REGARDING PROPERTY FOR SALE, RENTAL, OR FINANCING IS FROM SOURCES DEEMED RELIABLE, SUCH INFORMATION HAS NOT BEEN VERIFIED AND NO EXPRESS REPRESENTATION IS MADE NOR IS ANY TO BE IMPLIED AS TO THE ACCURACY THEREOF AND IT IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE AND TO ANY SPECIAL CONDITIONS IMPOSED BY OUR PRINCIPAL.

    ADDRESS: WEBSITE: CONTACT: EMAIL:

    7101-7111 N. MIAMI AVE, MIAMI, FL | metro1.com | 305.571.9991 | [email protected] 8

    Alfredo RiascosSenior Sales Associate

    Mateo RomeroAssociate

    Tony ArellanoExecutive VP

    PRO FORMA

    Exit

    ProForma Y1(2018) Y2(2019) Y3(2020) Y4(2021) Y5(2022) Y6(2023) Y7(2024) Y8(2025)LandSize 77,010 Building SizeBuildingSize 48,607 7111 14,340 142,011.62$ 290,036.89$ 305,674.10$ 317,609.51$ 334,632.03$ 339,852.48$ 379,124.02$ 397,076.28$7111NMASize 14,340 7101 48,607 255,934.92$ 554,479.45$ 603,644.07$ 627,789.84$ 662,941.23$ 709,893.56$ 746,465.58$ 785,143.24$7101NMASize 34,267 62,947 NOI 397,946.54$ 844,516.34$ 909,318.17$ 945,399.35$ 997,573.26$ 1,049,746.04$ 1,125,589.60$ 1,182,219.53$7111NMANNNRent(Pro-Forma) 22.00$ CashFlows (12,781,236.14)$ 132,049.21$ 844,516.34$ 909,318.17$ 945,399.35$ 997,573.26$ 1,049,746.04$ 1,125,589.60$ 20,885,878.32$7101NMANNNRent(Pro-Forma) 18.00$ CapRate/ADJBasis 1.03% 6.61% 7.11% 7.40% 7.80% 8.21% 8.81%CurrentNOI 428,154.24$ProFormaNOI2020(Stabilized) 844,516.34$AskingPrice 12,000,000.00$ ProFormaCapEx 500,000.00$ YearlyIncreases 4%CarryingCosts(2018) 265,897.33$ VacancyLossY1 50%AjustedBasis 12,781,236.14$ VacancyLossY2-Y8 5%AverageLeaseTerm(Years) 5YearsLeasingFees6%of5YearsBaseRent 281,236.14$AnnualLeaseIncreases 4.0%TerminalCapRate 6.00%TerminalValue 19,703,658.80$Profit 14,108,834.16$IRR 11.09%

    Hold

    7101-7111NMIAMIAVE

    Assumptions

    Exit

    ProForma Y1(2018) Y2(2019) Y3(2020) Y4(2021) Y5(2022) Y6(2023) Y7(2024) Y8(2025)LandSize 77,010 Building SizeBuildingSize 48,607 7111 14,340 142,011.62$ 290,036.89$ 305,674.10$ 317,609.51$ 334,632.03$ 339,852.48$ 379,124.02$ 397,076.28$7111NMASize 14,340 7101 48,607 255,934.92$ 554,479.45$ 603,644.07$ 627,789.84$ 662,941.23$ 709,893.56$ 746,465.58$ 785,143.24$7101NMASize 34,267 62,947 NOI 397,946.54$ 844,516.34$ 909,318.17$ 945,399.35$ 997,573.26$ 1,049,746.04$ 1,125,589.60$ 1,182,219.53$7111NMANNNRent(Pro-Forma) 22.00$ CashFlows (12,781,236.14)$ 132,049.21$ 844,516.34$ 909,318.17$ 945,399.35$ 997,573.26$ 1,049,746.04$ 1,125,589.60$ 20,885,878.32$7101NMANNNRent(Pro-Forma) 18.00$ CapRate/ADJBasis 1.03% 6.61% 7.11% 7.40% 7.80% 8.21% 8.81%CurrentNOI 428,154.24$ProFormaNOI2020(Stabilized) 844,516.34$AskingPrice 12,000,000.00$ ProFormaCapEx 500,000.00$ YearlyIncreases 4%CarryingCosts(2018) 265,897.33$ VacancyLossY1 50%AjustedBasis 12,781,236.14$ VacancyLossY2-Y8 5%AverageLeaseTerm(Years) 5YearsLeasingFees6%of5YearsBaseRent 281,236.14$AnnualLeaseIncreases 4.0%TerminalCapRate 6.00%TerminalValue 19,703,658.80$Profit 14,108,834.16$IRR 11.09%

    Hold

    7101-7111NMIAMIAVE

    Assumptions

    Exit

    ProForma Y1(2018) Y2(2019) Y3(2020) Y4(2021) Y5(2022) Y6(2023) Y7(2024) Y8(2025)LandSize 77,010 Building SizeBuildingSize 48,607 7111 14,340 142,011.62$ 290,036.89$ 305,674.10$ 317,609.51$ 334,632.03$ 339,852.48$ 379,124.02$ 397,076.28$7111NMASize 14,340 7101 48,607 255,934.92$ 554,479.45$ 603,644.07$ 627,789.84$ 662,941.23$ 709,893.56$ 746,465.58$ 785,143.24$7101NMASize 34,267 62,947 NOI 397,946.54$ 844,516.34$ 909,318.17$ 945,399.35$ 997,573.26$ 1,049,746.04$ 1,125,589.60$ 1,182,219.53$7111NMANNNRent(Pro-Forma) 22.00$ CashFlows (12,781,236.14)$ 132,049.21$ 844,516.34$ 909,318.17$ 945,399.35$ 997,573.26$ 1,049,746.04$ 1,125,589.60$ 20,885,878.32$7101NMANNNRent(Pro-Forma) 18.00$ CapRate/ADJBasis 1.03% 6.61% 7.11% 7.40% 7.80% 8.21% 8.81%CurrentNOI 428,154.24$ProFormaNOI2020(Stabilized) 844,516.34$AskingPrice 12,000,000.00$ ProFormaCapEx 500,000.00$ YearlyIncreases 4%CarryingCosts(2018) 265,897.33$ VacancyLossY1 50%AjustedBasis 12,781,236.14$ VacancyLossY2-Y8 5%AverageLeaseTerm(Years) 5YearsLeasingFees6%of5YearsBaseRent 281,236.14$AnnualLeaseIncreases 4.0%TerminalCapRate 6.00%TerminalValue 19,703,658.80$Profit 14,108,834.16$IRR 11.09%

    Hold

    7101-7111NMIAMIAVE

    Assumptions

    DOWNLOADSPREADSHEET

    With Rent Roll

    https://www.dropbox.com/s/gfe8q49cq42c8uc/LRIB%20Financials%20%26%20Stacking%20Plan.xlsx?dl=0https://www.dropbox.com/s/gfe8q49cq42c8uc/LRIB%20Financials%20%26%20Stacking%20Plan.xlsx?dl=0

  • 1 MIN DRIVE

    5 MIN DRIVE

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    5 MIN DRIVE

    8 MIN DRIVE20 MIN DRIVE

    8 MIN DRIVE

    10 MIN DRIVE

    10 MIN DRIVE

    BIS

    CA

    YN

    E B

    LVD

    N. M

    IAM

    I A

    VE

    NE 54 STREET

    NE 79 STREET

    NE 29 STREET

    I-195

    IRONSIDE

    JUNCTION

    SUBJECTPROPERTY

    RAIL 71

  • LITTLE RIVERINDUSTRY BLDG

    | |PROCURING BROKER SHALL ONLY BE ENTITLED TO A COMMISSION, CALCULATED IN ACCORDANCE WITH THE RATES APPROVED BY OUR PRINCIPAL ONLY IF SUCH PROCURING BROKER EXECUTES A BROKERAGE AGREEMENT ACCEPTABLE TO US AND OUR PRINCIPAL AND THE CONDITIONS AS SET FORTH IN THE BROKERAGE AGREEMENT ARE FULLY AND UNCONDITIONALLY SATISFIED. ALTHOUGH ALL INFORMATION FURNISHED REGARDING PROPERTY FOR SALE, RENTAL, OR FINANCING IS FROM SOURCES DEEMED RELIABLE, SUCH INFORMATION HAS NOT BEEN VERIFIED AND NO EXPRESS REPRESENTATION IS MADE NOR IS ANY TO BE IMPLIED AS TO THE ACCURACY THEREOF AND IT IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE AND TO ANY SPECIAL CONDITIONS IMPOSED BY OUR PRINCIPAL.

    ADDRESS: WEBSITE: CONTACT: EMAIL:

    7101-7111 N. MIAMI AVE, MIAMI, FL | metro1.com | 305.571.9991 | [email protected] 10

    Alfredo RiascosSenior Sales Associate

    Mateo RomeroAssociate

    Tony ArellanoExecutive VP

    CASE STUDY:RAIL 71

    7210 NE 4th Ave, Miami, FL, 33138Adaptive Reuse ProjectAsking Rents: $18-$26 PSF120,000 SFDesign, Fitness, & F&B Tenants95% leased before TCO

    IRONSIDE

    JUNCTION

    SUBJECTPROPERTY

    RAIL 71

  • LITTLE RIVERINDUSTRY BLDG

    | |PROCURING BROKER SHALL ONLY BE ENTITLED TO A COMMISSION, CALCULATED IN ACCORDANCE WITH THE RATES APPROVED BY OUR PRINCIPAL ONLY IF SUCH PROCURING BROKER EXECUTES A BROKERAGE AGREEMENT ACCEPTABLE TO US AND OUR PRINCIPAL AND THE CONDITIONS AS SET FORTH IN THE BROKERAGE AGREEMENT ARE FULLY AND UNCONDITIONALLY SATISFIED. ALTHOUGH ALL INFORMATION FURNISHED REGARDING PROPERTY FOR SALE, RENTAL, OR FINANCING IS FROM SOURCES DEEMED RELIABLE, SUCH INFORMATION HAS NOT BEEN VERIFIED AND NO EXPRESS REPRESENTATION IS MADE NOR IS ANY TO BE IMPLIED AS TO THE ACCURACY THEREOF AND IT IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE AND TO ANY SPECIAL CONDITIONS IMPOSED BY OUR PRINCIPAL.

    ADDRESS: WEBSITE: CONTACT: EMAIL:

    7101-7111 N. MIAMI AVE, MIAMI, FL | metro1.com | 305.571.9991 | [email protected] 11

    Alfredo RiascosSenior Sales Associate

    Mateo RomeroAssociate

    Tony ArellanoExecutive VP

    CASE STUDY:IRONSIDE

    7610 NE 4th Ct, Miami, FL, 33138Adaptive Reuse ProjectAsking Rents: $30 PSF +Design, Fashion, F&B TenantsWaiting list to lease

    IRONSIDE

    JUNCTION

    SUBJECTPROPERTY

    RAIL 71

  • LITTLE RIVERINDUSTRY BLDG

    | |PROCURING BROKER SHALL ONLY BE ENTITLED TO A COMMISSION, CALCULATED IN ACCORDANCE WITH THE RATES APPROVED BY OUR PRINCIPAL ONLY IF SUCH PROCURING BROKER EXECUTES A BROKERAGE AGREEMENT ACCEPTABLE TO US AND OUR PRINCIPAL AND THE CONDITIONS AS SET FORTH IN THE BROKERAGE AGREEMENT ARE FULLY AND UNCONDITIONALLY SATISFIED. ALTHOUGH ALL INFORMATION FURNISHED REGARDING PROPERTY FOR SALE, RENTAL, OR FINANCING IS FROM SOURCES DEEMED RELIABLE, SUCH INFORMATION HAS NOT BEEN VERIFIED AND NO EXPRESS REPRESENTATION IS MADE NOR IS ANY TO BE IMPLIED AS TO THE ACCURACY THEREOF AND IT IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE AND TO ANY SPECIAL CONDITIONS IMPOSED BY OUR PRINCIPAL.

    ADDRESS: WEBSITE: CONTACT: EMAIL:

    7101-7111 N. MIAMI AVE, MIAMI, FL | metro1.com | 305.571.9991 | [email protected] 12

    Alfredo RiascosSenior Sales Associate

    Mateo RomeroAssociate

    Tony ArellanoExecutive VP

    EXECUTIVE SUMMARY

    • Signage Opportunity• Assigned Parking Spaces + Guest Parking• Fully Renovated Creative Office• Secured Gated Access

    Spaces start at $1,999 per month

    Spaces ranging from 1,065 SF - 2,000 SF

    7251 NE 2nd AVENUEMiami , FL | 33 138

    Modern loft spaces in the creative community of Little River. The spaces feature front glass doors, new bathrooms and an open lower and upper level floor plan with ample light throughout the unit.

    2

    ALFREDO RIASCOSCommercial Sales Associate

    MATEO ROMEROCommercial Associate

    305 571 9991For more information contact

    MODERN LOFT OFFICESFOR LEASE

    CASE STUDY:JUNCTION LOFTS

    7251 NE 2 Ave, Miami, FL, 33138Adaptive Reuse ProjectAsking Rents: $24 PSF26,136 SFCreative OfficesOccupancy: 100%

    IRONSIDE

    JUNCTION

    SUBJECTPROPERTY

    RAIL 71

  • LITTLE RIVERINDUSTRY BLDG

    | |PROCURING BROKER SHALL ONLY BE ENTITLED TO A COMMISSION, CALCULATED IN ACCORDANCE WITH THE RATES APPROVED BY OUR PRINCIPAL ONLY IF SUCH PROCURING BROKER EXECUTES A BROKERAGE AGREEMENT ACCEPTABLE TO US AND OUR PRINCIPAL AND THE CONDITIONS AS SET FORTH IN THE BROKERAGE AGREEMENT ARE FULLY AND UNCONDITIONALLY SATISFIED. ALTHOUGH ALL INFORMATION FURNISHED REGARDING PROPERTY FOR SALE, RENTAL, OR FINANCING IS FROM SOURCES DEEMED RELIABLE, SUCH INFORMATION HAS NOT BEEN VERIFIED AND NO EXPRESS REPRESENTATION IS MADE NOR IS ANY TO BE IMPLIED AS TO THE ACCURACY THEREOF AND IT IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE AND TO ANY SPECIAL CONDITIONS IMPOSED BY OUR PRINCIPAL.

    ADDRESS: WEBSITE: CONTACT: EMAIL:

    7101-7111 N. MIAMI AVE, MIAMI, FL | metro1.com | 305.571.9991 | [email protected] 13

    Alfredo RiascosSenior Sales Associate

    Mateo RomeroAssociate

    Tony ArellanoExecutive VP