Hialeah, FL

2605 W 6th Ave, Hialeah FL 33010

$3,150,000

Key Details

Status
Active
Property Type
Industrial
Year Built
1969

Overview

West Hialeah warehouse for sale! 13,862 SF on 20,420 SF lot. Warehouse is split into three equal size bays each amounting to 4,620 sf +/- each separately metered with small office space buildout and street level door. Two of the three tenants are month-to-month and the last tenant's lease expires 10/2024. Tenant is also occupying side lot approx 2,500 sf +/- month-to-month. SELLER IS FIRM ON PRICE! Roof needs work, can be replaced or more affordable options such as silicon coating to extend life 5-10 years. Current rent: Unit 1: $3,780/month, Unit 2: $3,800/month, Unit 3: $3,857/month (exp 10/24), side lot: $1,470/month. Total monthly gross: $12,907. Market rent in the area currently is from $18/sf up to $22/sf. Proforma at $18/sf: $20,793/month plus sales tax plus side lot($2,000-$2,500).

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