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NDS-0012INDUSTRIALFREEHOLDSAMPLE
Miami Wynwood Cold-Storage Distribution
NW 22nd Street corridor · Miami — Wynwood/Allapattah edge · United States
Price
US$28,600,000
Cap rate
6.20%
Purpose-built cold-storage facility with 3 temperature zones. 11yr NNN lease with 2.5% annual escalators. Below replacement cost — replacement estimated at $520/sqft.
KEY HIGHLIGHTS
- ▸Cold-storage specialisation
- ▸11yr NNN with escalators
- ▸Below replacement cost
- ▸Wynwood-adjacent land value optionality