Owner/User Industrial at MIA

2355 NW 35th Avenue,

Miami, FL 33142

Price:
$6,500,000
Number of Buildings:
1
Number of Stories:
1
Years Built:
2002
Zoning
PLMUC-Palmer Lake Metropolitan Urban Center
Living Area:
14,225 Square Feet
Lot Size:
0.88 Acres
HVAC:
Central Air Conditioning
Cap Rate:
4.73

INVESTMENT OVERVIEW

ABOUT THE INVESTMENT

Versatile Industrial Asset with Redevelopment Potential – A well-positioned industrial warehouse in Miami’s Palmer Lake Metropolitan Urban Center (PLMUC), offering strong current income and future upside for redevelopment.

Attractive Short-Term Lease for Flexibility – The property is currently leased to Elite Collision Specialists, providing immediate cash flow with only three years remaining, making it ideal for investors or developers seeking near-term repositioning opportunities.

Exceptional Zoning for High-Density Mixed-Use Development – PLMUC zoning allows for future multifamily, mixed-use, and high-density commercial development, positioning this site as a prime candidate for a significant value-add opportunity.

Strategic Location in a Booming Corridor – Situated in a rapidly appreciating area near Miami International Airport, major transit hubs, and high-profile projects like Miami Freedom Park, this site is primed for strong long-term appreciation.

Flexible Investment with Multiple Exit Strategies – Investors can retain the industrial use for income or capitalize on Miami’s surging demand for residential and mixed-use developments.

ABOUT THE LOCATION

Highly Desirable Urban Center Location – Located in Miami’s Palmer Lake Metropolitan Urban Center, an area undergoing major redevelopment and infrastructure improvements.

Minutes from Miami International Airport – A premier logistics and economic hub that continues to drive business, commerce, and development demand.

Prime for Redevelopment – PLMUC zoning allows for high-density residential, mixed-use, and commercial projects, creating a rare opportunity for investors looking to transform the site into a modern development.

Surrounded by Growth – The area is seeing a surge in new residential and commercial projects, including Miami Freedom Park (Inter Miami CF Stadium), large-scale multifamily developments, and retail expansions.

• Strong Accessibility & Infrastructure – Easy access to major highways (US-27, I-95), Miami’s public transit system, and the city’s key business districts.

ABOUT THE TENANT | ELITE COLLISION SPECIALISTS

Reputable Auto Body Repair Business – Elite Collision Specialists is a well-established name in auto repair, serving both individual and fleet customers.

Steady Demand for Industrial Use – The property benefits from consistent tenant activity in an essential, recession-resistant industry.

Lease Flexibility for Investors & Developers – With only three years remaining on the lease, investors can continue collecting stable rental income while preparing for redevelopment or repositioning.

EXCLUSIVELY LISTED BY

AARON O'CONNOR

Senior Director Investments
Fort Lauderdale Office
Tel: (954) 245-3518
License: FL SL 3143588
aaron.o'connor@marcusmillichap.com
Land / Redevelopment