The ComReal Industrial Team, led by Edison Vasquez & Chris Spear, assisted in the sale transaction of an industrial site located in the City of Doral, Miami-Dade County. The property is located at 9200 NW 58th ST Doral, FL 33178. It has a +/-45,000 SF industrial building and sits on a +/- 4 Acre Lot. The site fronts NW 58th ST and is just West of Miami International Airport. This unique property is fully fenced, paved, and with drainage. At the time of the sale, the property was fully leased short-term to one Tenant. The Seller was Hackney Properties, LLC. The Buyer is Penske Truck Leasing. The buyer plans to occupy the site once the lease expires. The sale price was $14,150,000, which is $314/SF and $3,537,500 per acre.
“One of the focuses of our team is properties for Outdoor Storage (IOS). Very few brokers understand how to value these properties. This helped us target the right buyers and procure several offers. Obtaining record pricing for this property. All despite the headwinds of higher interest rates and slowing economy!” said Edison Vasquez with ComReal.
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About the ComReal Miami Industrial Team: The ComReal Miami Industrial Team has been assisting companies with their South Florida real estate needs for over 30 years. The industrial team specializes in the sales and leasing of industrial properties. Visit Warehouses Market and/or call 786-433-2380 for more information.
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