MEDLEY, FLORIDA FLAGLER STATION BUILDING A ±49,333 SF, Class A Office & Warehouse Building ±35,683 SF Immediately Available in Miami-Dade County
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Capital Markets | Industrial & Logistics
David J. Wigoda, SIOR Devin White David Albert Andrew Fernandez Sean R. Kelly Senior Vice President Senior Vice President Senior Vice President Senior Associate Financial Analyst 305.428.6342 305.381.6409 305.381.6474 305.779.3143 305.381.6451 [email protected] [email protected] [email protected] [email protected] [email protected]
CBRE, Inc. | Licensed Real Estate Broker THE OFFERING OFFERING HIGHLIGHTS
CBRE, Inc., engaged as exclusive agent, is pleased ■ ±35,683 SF Vacant th to offer for sale 9315 Northwest 112 Avenue (the • ±8,000 SF office “Property” or “Building”), a ±49,333 SF, class A office - Includes: conference room, kitchen, & warehouse building located in Flagler Station in training room, IT room, restrooms Medley, Florida • ±27,683 SF warehouse Fortune 100 Honeywell International Inc. (NYSE: -Full HVAC HON; S&P Fitch: A; Moody’s: A2) occupies the entire ■ Functional Design Specifications 2nd floor as well as a small portion of the warehouse. Honeywell pays base rent plus their pro rata share of • 100% air-conditioned the operating expenses. This revenue substantially • 31’ clear heights lowers a potential new owner occupant’s cost of • 4 dock-high loading doors occupancy. • 1 oversized drive-in loading door • +2600 amps Built in 2002, the Building features 31’ clear heights, 4 dock-high doors, 1 oversized drive-up door, a ■ Well Maintained Building 1.95/1,000 parking ratio, heavy power of more than • Tilt wall construction 2600 amps and a fully air-conditioned warehouse. • Recently pained The loading is not used by Honeywell and is available • The Building is turnkey and move-in ready for the vacancy. The Building has been meticulously maintained. ■ Proximity to Major Highways & Infrastructure • Adjacent to the Florida Turnpike The 3-acre Property is part of the larger Flagler Station • 7 miles to the Miami International Airport Business Park. Small buildings like this one rarely • 15 miles to the Port of Miami become available in this well-located, institutional- quality business park. ■ A+ Location - Superior Connectivity Located in NW Miami-Dade County, Flagler Station • Flagler Station is a well-recognized and highly- has its own dedicated Turnpike entrance / exit which desirable industrial park affords the Property with seamless access to all major • More than 65% of South Florida’s 6.2 million South Florida thoroughfares. population lives within a 1-hour drive
Flagler Station is home to an impressive tenant roster including: CVS, Progressive, State Farm, Ryder, OFFERING OVERVIEW TracFone, Tropical Shipping, PriceSmart, Brightstar, MedLine, Intradeco, Veritiv and much more. ASKING PRICE $8,500,000 The park also boasts one of the largest concentrations 9315 Northwest 112th Ave of institutional owners in the State of Florida including: ADDRESS Blackstone, Principal, Clarion Partners, Duke Realty Medley, Florida 33178 and Morgan Stanley. TOTAL SF 49,333 SF
AVAILABLE SF 35,683 SF
OCCUPIED SF 13,650 SF
OCCUPANCY 27.67%
SITE SIZE 3 Acres YEAR BUILT 2002 CLEAR HEIGHT 31’
DOCK-HIGH DOORS 4
DRIVE-UP DOORS 1
PARKING 96 Spaces (1.95/1,000)
HVAC 100% AC’d Office & WH
ZONING IU-C FLOOR PLAN
Warehouse Space Occupied by Honeywell
Warehouse Space Ready for Immediate Occupancy
Office Space Ready for Immediate Occupancy
Office Space Occupied by Honeywell NW 110TH AVE 9315 NW 112th Avenue 112th 9315 NW 1.5 MILES MILES 1.5 TURNPIKE TO & FROM FROM & TO THE FLORIDA FLORIDA THE FLAGLER STATION STATION FLAGLER FLAGLER
NW 112TH AVE EXIT DEDICATED 441 95 909
NW 199 ST NW 203 ST BROWARD COUNTY A1A Golden Breach DADE COUNTY NORTH E E V NW 163 ST V A A MIAMI BEACH
MIAMI BEACH 7 7 4 2
9 W W N O MIAMI N K E EC 75 H LAKES O LAKES 826 BE OPA-LOCKA E OPA-LOCKA RO Opa-Locka NORTHEAST A D E Airport V A
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836 FLAGER ST 94 TAMIAMI TRAIL SW 8 ST 41 Y W CORAL WAY H IE IX D 826 CORAL S BIRD RD SW 40 ST GABLES Virginia Key RICKE
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Tamiami 7 6
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O W R S K KENDALL CORAL REEF DR SW 152 ST
1 EUREKA DR SW 184 ST
QUAIL ROOST RD RD ATLANTIC R © 2020 CBRE, Inc. All rights reserved. This informationTLE has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conductCU a careful, independent investigation of the propertyOCEAN and verify all information. Any reliance LD on this information is solely at your ownO risk. CUTLERCBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this documentSW 216 are ST the property of their respectiveCUTLER owners, and the use of such logos does not imply any affiliation with or endorsement of RIDGE
CBRE. Photos herein are the propertyE of their respectiveRIDGE owners. Use of these images without the express written consent of the owner is
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Y David J. Wigoda,W SIOR Devin White David Albert Andrew Fernandez Sean R. Kelly H IE IX Senior Vice President D Senior Vice President Senior Vice President Senior Associate Financial Analyst D L 305.428.6342SW 264 ST O 305.381.6409 305.381.6474 305.779.3143 305.381.6451 [email protected] [email protected] [email protected] [email protected] [email protected]
CBRE, Inc. | Licensed Real Estate Broker CBRE, Inc. | Licensed Real Estate Broker