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1785 Northwest 21st Terrace
Miami, FL 33142
Asking Price
$1.70M
Asset Type
Distribution Industrial
Class
Class B
What's Special
Food Grade, 3PH 400 Amps, Grease Trap, TwinT <p>MIAMI FOOD-GRADE INDUSTRIAL HUB</p><p>1785 NW 21st Terrace, Miami, FL 33142 </p><p></p><p>Turnkey Food-Grade Hub | Twin-T Roof | 400A 3-Phase | 50-Yr Cert Done</p><p></p><p>The Miami industrial market is currently defined by a severe lack of functional small-bay inventory. For Last-Mile operators and Food-Grade users, the barrier to entry isn't just price—it’s time. Standard "dry" warehouses in Allapattah trade at a lower price point but require a 12–18 month permitting and construction cycle
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NOI
$80,000
Cap Rate
4.71%
DSCR
0.79
Underwater
Cash-on-Cash
-4.10%
Monthly Payment
$8,410.672
Annual Cash Flow
$-20,928.069
