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).
