500 NE 185th St

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500 NE 185th St

miami, FL 33179
Asking Rate
Contact for rate
Asset Type
Industrial
Class
Class B

What's Special

Located at 500 NE 185th St in North Miami, this industrial property sits within a well-established commercial corridor near the Miami-Dade and Broward County line. The neighborhood features a mix of warehouse facilities, automotive services, and retail centers. The site offers immediate access to major transit arteries, situated less than one mile from the Interstate 95 interchange and in close proximity to the Florida Turnpike and US-1. This strategic location facilitates efficient logistics and distribution throughout the South Florida metropolitan area. The property is suited for mid-sized industrial operations, including regional distribution, light manufacturing, or wholesale trade. Given its accessibility to dense residential populations and primary highways, the asset is ideal for last-mile delivery providers, construction trade contractors, or logistics firms requiring rapid transit to Miami or Fort Lauderdale. The site typically attracts established local or regional tenants seeking functional warehouse space with high visibility and convenient connectivity to the region's primary shipping ports and international airports.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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