Miami Gardens Industrial Property Price: $1,385,000Perfect for Auto Collision Center

3,210 SF Showroom/Warehouse. Full approved plans and ready to

complete an 8,600 SF Addition.ANCILLARY USE ZONING ALLOWS ADULT STRIP CLUB

17101 NORTHWEST 2ND COURT • MIAMI GARDENS, FL 33169

4151 Hollywood Blvd | Hollywood, FL 33020 | Phone: (954) 361-0000 | Fax: (954) 361-0070 | www.DeMarcoGroup.com

John DeMarco, CCIMBroker / Owner

954­453­1000

johndemarco@remax.net

The calculations and data presented are deemed to be accurate, but not guaranteed. They are intended for the purpose of illustrative projections and analysis. The informationprovided is not intended to replace or serve as substitute for any legal, accounting, investment, real estate, tax or other professional advice, consultation or service. The user of thissoftware should consult with a professional in the respective legal, accounting, tax or other professional area before making any decisions.

TABLE OF CONTENTSProperty Summary   3

Property Description   4

Property Photos   5

Rendering   8

Architectural Plans   9

Miami Gardens Brochure   10

Current Developments Projects   14

Areal Map   21

Map   22

Industry Outlook   23

Demographics   24

Motto Flyer   25

PROPERTY SUMMARY

Property Summary

Price: $1,385,000

Lot Size: 18,148 Sq. Ft.

Building Size: 3,210 Sq. Ft.

Planned Addition 8,600 Sq. Ft.

Total AfterConstruction

11,810 Sq. Ft.

Currently Zoned Auto Collision

Proposed Use Adult Entertainment

Estimated ConstructionCost

$150,000.00

Approved Billboards 3

Current Use 

The existing building  is 3,210 SF Showroom and Warehouse which  issituated  on  an  oversized  0.42  acre  lot.  The  property  consists  of  ashowroom,  4  industrial  bays,  and  a  large  fenced  in  lot.  Perfect  for  acollision center for over 75­100 cars. 

Proposed Use

The  seller  has  started  construction  to  build  an  8,600  sf  warehouseaddition,  which  when  completed  would  give  an  investor  a  total  of11,810 useable space. The exterior walls have been completed, sellercan finish this for only $150,000 and previously invested over $500,000in  construction  and  entitled  costs.  Finished  building  will  have  22'ceilings. 

The property also has approved plans to build 3, 45 ft billboards facingthe Interstate. Market revenue is $10,000 per month per billboard. 

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PROPERTY DESCRIPTION

17101 NW 2nd Ct          John DeMarco with Re/Max 5 Star Realty is pleased to present the sale of 17101 NW 2nd Ct Miami Gardens Florida.This aquisition consists of a 3,210 square foot freestanding warehouse situated on a large 18,148 s/ft lot. The property siteprovides access to the Golden Glades Exchange where I­95, US­441 (State Road 7), Palmetto Expressway (826), and theFlorida Turnpike. With a combined ±500,000 daily  traffic count  from the four major  thoroughfares,  there  is no property  inSouth Florida with higher visibility. 

     The property is currently used for an auto collision center with a large showroom with 4 bays and a lot that can easilyaccommodate 75 cars. 

       The seller currently has approved building plans build an 8,600 SF addition  to  the existing 3,210 SF building  totaling11,810.  Seller  has  invested  over  $500,000  in  construction,  plans  and  infrastructure  already  and  started  the  work,  thebalance to complete the construction is only $150,000. There is a new sewage lift stations at the property and the exteriorwall  has  been  built.  The  seller  may  assist  with  the  construction  after  closing  if  desired  by  the  buyer.  The  completedwarehouse will have 22' ceilings.  Included  in this package are approved design renderings. When this building  is  finishedmarket value on the completed property  is +/­ $140 a foot or $1,653,400. Excellent opportunity to purchase a value addproperty ready to complete construction. 

   This property is also zoned for an adult strip club. This use is extremely valuable and not easy to get. Scarletts Cabaret anoperating adult night club was recently sold for $29.5mil. Nearby to Tootsies Adult cabaret, this location would very well foran adult club.      

    The property  also  has  approved plans  to build  3 45  ft  billboards  facing  the  Interstate. Market  revenue  is  $10,000 permonth per billboard. 

   Please remember to not disturb the existing business or property, all showings are by appointment only. Call listing brokerfor additional information.

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PROPERTY PHOTOS Page 05

PROPERTY PHOTOS Page 06

PROPERTY PHOTOS Page 07

MIAMI GARDENS, FL

Population: 113,187 Area: 18.23 sq miCounty: Miami-DadeMedian Age: Miami Gardens: 35.6Median Household Income: Miami Gardens: $41,139Median Property Value: Miami Gardens: $155,700 Climate: Subtropical; average rainfall: 33.01 inches; average temperature: 76.54°; winter mean temperature: 69°; summer mean temperature: 84°

Transportation: There are several forms of transportation for citizens and tourists of Miami Gardens. There is a county bus service, close proximity to major interstates (I-95, I-595, and US-441); Miami International Airport, Amtrak, Tri-Rail commuter service, and Port Everglades, a major deep-water port for passengers and freight, including a Foreign Trade Zone.

DEMOGRAPHICS

ECONOMY

In 2017, Miami Gardens, FL had a population of 113k people with a median age of 35.6 and a median household income of $41,139. Between 2016 and 2017 the population of Miami Gardens, FL grew from 112,514 to 113,187, a 0.598% increase and its median household income grew from $39,012 to $41,139, a 5.45% increase.

The median property value in Miami Gardens, FL is $155,700, and the homeownership rate is 64.6%. Most people in Miami Gardens, FL commute by Drove Alone, and the average commute time is 30.8 minutes. The average car ownership in Miami Gardens, FL is 2 cars per household.

The economy of Miami Gardens, FL employs 48.7k people. The largest industries in Miami Gardens, FL are Retail Trade (7,115 people), Health Care & Social Assistance (6,862 people), and Transportation & Warehousing (4,668 people), and the highest paying industries are Public Administration ($51,048), Utilities ($43,934), and Professional, Scientific, & Technical Services ($36,835).

CITY AMENITIES

Public Safety In order to provide the city with safe streets and neighborhood, the Miami Gardens Police Department, Miami Gardens Emergency Medical Services (EMS), and Miami Gardens Fire Department all take part in keeping the community free of harm and the city has 2 major hospitals called Jackson North Medical Center and Mount Sinai Skylake.

Utilities The utility’s primary function is to provide cost effective, environmentally safe, water and waste-water treatment and disposal services. It also provides residents with Florida Power & Light (electric) and Comcast cable, along with various satellite TV providers.

Parks & Recreation Plantation contains 17 parks and playgrounds in addition the new Top Golf, a high-tech driving range and lounge. The city also includes their own Betty T Ferguson Recreation Complex and extensive recreational programs for all ages, including; tennis, swimming, baseball, basketball, softball, football, soccer, track and jogging, making is the perfect place for active adults and children.

Education The top ranked schools in Miami Gardens are Barbara Hawkins Elementary, Brentwood Elementary, and Crestview Elementary. Overall school rank is based on a schools combined math and reading proficiency test scoring. The student Teacher Ratio of 14:1 is less than the Florida average score of 16:1. For the 2020 school year there are 9 public schools in Miami Gardens serving 3,953 Students.

OUR LOCATIONThe City of Miami Gardens was incorporated on May 13, 2003, as the 33rd city in Miami-Dade County. At a population of 105,457, it is the third largest city in Miami-Dade County (after Miami and Hialeah). The City is located in North-Central region of the county, mid-way between Fort Lauderdale and Miami, and is easily accessed by I-95, the Palmetto Expressway (SR 826) and the Florida Turnpike. The city comprises approximately 20 square miles.

Miami Gardens is home to Hard Rock Stadium (used by the Miami Dolphins and the University of Miami) and Calder Casino. It has vibrant commercial corridors along the Palmetto Expressway (serving as the central shopping district for the furniture trade) and along U.S. 441 (serving the automobile trade). The city has rail access through the Florida East Coast Railway and the South Florida Tri-Rail System.

Calder Casino is a casino located in Lake Lucerne, Miami Gardens, Florida. It includes slots, electronic table games, and bingo. The casino opened in 2010 and features a 100,000-square-foot gaming floor with 1,100 slot machines, including video poker, as well as electronic roulette and blackjack.

Calder Casino

Hard Rock Stadium is a football stadium located in Miami Gardens, Florida, a city north of Miami. It is the home stadium of the Miami Dolphins of the National Football League. Hard Rock Stadium also plays host to the Miami Hurricanes football team during their regular season.

Hard Rock Stadium

TOPGOLFTopgolf is a global sports entertainment company. Sprawling entertainment venue with a high-tech driving range & swanky lounge with drinks & games. The company's largest investors are WestRiver Group and Callaway Golf.

CURRENT DEVELOPMENTS PROJECTS

DEVELOPMENT PROJECTS

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CURRENT DEVELOPMENTS PROJECTS Page 15

CURRENT DEVELOPMENTS PROJECTS Page 16

CURRENT DEVELOPMENTS PROJECTS Page 17

CURRENT DEVELOPMENTS PROJECTS Page 18

CURRENT DEVELOPMENTS PROJECTS Page 19

CURRENT DEVELOPMENTS PROJECTS Page 20

AREAL MAP Page 21

MAP Page 22

Proprietors within the Strip Clubs industry distanced themselves from the seedy past image

associated with clubs. Instead, they marketed their establishments as high-class gentlemen's

clubs and cocktail lounges that offer adult entertainment. Despite reputation concerns,

consumer spending (i.e. fluctuations in per capita disposable income) and behavior (i.e.

fluctuations in per capita expenditure on alcohol) continue to be the main determinants of

industry demand, both of which have improved over the five years to 2019. Consequently,

IBISWorld expects industry revenue to increase at an annualized rate of 4.1% to $8.0 billion

during the five-year period, including growth of 2.1% in 2019 alone.

The current Miami-Dade Market for Adult Night Clubs for sale range between $3,000,000 to

$5,000,000 for the business alone with an additional rent of the property between $10,000 –

$20,000 per month. One of the recent sales in Miami was Scarlett’s Cabaret a 25,000 sq. ft

gentleman’s club, this sale was registered in 2017 for $25,950,000 with a EBITDA of more than 6

million.

Adult Entertainment Industry Outlook

DEMOGRAPHICS

Population 1 Mile 3 Miles 5 Miles

Male 9,174 89,073 232,383

Female 10,310 99,963 257,387

Total Population 19,484 189,036 489,770

Age 1 Mile 3 Miles 5 Miles

Ages 0­14 4,521 40,884 101,485

Ages 15­24 2,971 27,231 67,364

Ages 25­54 8,097 75,627 195,326

Ages 55­64 2,028 20,561 54,488

Ages 65+ 1,867 24,733 71,107

Race 1 Mile 3 Miles 5 Miles

White 2,639 46,203 181,444

Black 15,934 133,242 280,771

Am In/AK Nat 10 24 134

Hawaiian N/A 6 23

Hispanic 3,305 42,885 147,277

Multi­Racial 1,620 15,736 47,688

Income 1 Mile 3 Miles 5 Miles

Median $49,379 $44,494 $44,085

< $15,000 690 9,904 27,996

$15,000­$24,999 1,097 7,937 21,273

$25,000­$34,999 782 7,995 21,619

$35,000­$49,999 1,063 10,873 26,922

$50,000­$74,999 1,309 12,605 31,948

$75,000­$99,999 678 5,986 16,564

$10,0000­$149,999 456 4,348 13,046

$150,000­$199,999 95 1,135 3,638

> $200,000 69 543 2,959

Housing 1 Mile 3 Miles 5 Miles

Total Units 7,101 71,399 196,910

Occupied 6,542 64,628 171,179

Owner Occupied 3,448 40,208 104,848

Renter Occupied 3,094 24,420 66,331

Vacant 559 6,771 25,731

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