SoMi Industrial Portfolio OM

SOUTH MIAMI INDUSTRIAL PORTFOLIO | PROPERTY OVERVIEW

MAK 3 Location:

19200 SW 106th Avenue Miami, FL

Description:

Two, single-story, small-bay/quasi-retail buildings

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# of Buildings: 2

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Square Feet:

56,876 SF

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Land Area:

3.34 Acres

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Parking:

105 spaces (1.8/1,000 SF)

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Occupancy:

97.9%

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Year Built:

2004

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2016 Assessed Value:

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15/16

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Folio Number Millage Rate 30-6006-029-0100 $3,050,000 $54,834 17.8921 Total Assessment Taxes

Comments: The Property features rear-loaded grade-level entries with roll-up doors. Mak 3 also has glass storefronts/doors. The Property is located along SW 106th Avenue, which is the only street lead- ing to the Home Depot, a popular destination for industrial users—or potential industrial users—in the area. Due to the increased traffic that this road has ver- sus surrounding side roads, this Property achieves higher rents from tenants desiring this visibility.

S W 1 0 6 T H A V E

Primary Tenant Industries: Storage, Flooring, Auto, Plastering

PROPERTY OVERVIEW

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