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Last updated on April 1st, 2024

67,382 SF Building - 5.37 acres in Miami

$24,800,000 Building, extra plus Land

7007 NW 77th Ave, Miami, Florida 33166


Building Size67,382 Square Feet
Land Size5.34 Acres
ZoningIU-1
Parking180
WaterYes
SewerYes
Year Built1969
Adjusted SF 70,241
Under HVAC67,382
Traffic count 267,482
extra land1.75 acres
Sale Lease backSeller will stay up to 2 years
Facilty Four connected buildings
Zoning Flexible - IU 1
Land 2 parcels75,733 sf and 158,475 sf

Commercial Property w/ Land for additional development -

Unique Opportunity for an busniess or investor to acquire a quality office, showroom, flex, studio and industrial asset in one of the hottest commercial markets in the nation on a main highway and highly visible property.

Miami Headquarters building and facility / HQ Building

The corporate home to "Spanish Broadcasting System - HQ Building and MEGA TV - Broadcasting Center”

Fairchild Partners, Inc. as exclusive representatives of SBS Miami Broadcast Inc. (Seller) is pleased to offer for sale to a qualified buyer the 100% fee simple interest in the property located at 7007 NW 77th Avenue, Miami, FL. 33166 (The Property).


Presently 100% Owner Occupied Building, w/ extra developable land of 1.74 acres.
Total Land Size - 5.37 acres - (1.74 acres + 3.63 acres on two adjacent parcels, w/ two separate folio numbers)


The existing building consists of 67,382 SF, 100% under HVAC, located on the 3.63 acres of land, extra land of 1.74 acres.


Zoning: IU-1 - Industrial, light manufacturing Miami Dade County -
Zoning allows for automotive uses such as painting, car/truck sales and rentals, boat/yacht marine sales, aircraft assembly, health care groups, animal hospital, adult entertainment, private clubs, adult day care, brewery clubs, bottling plants, bakeries, catering, animal kennels, armories, hotels, motels, parking garages, schools, colleges, office buildings, religious facility, textiles etc...

Covered Land Play alternative - Property may be sold with an up to two (2) year leaseback from Spanish Broadcasting System, Inc. (Tenant - OTCQX – SBSAA). SBSAA is a national leading diversified public media company, website - www.Spanishbroadcasting.com.


Address: 7007 NW 77th Avenue, Miami, Florida 33166
Area: Miami Airport Market


BENEFITS and FEATURES
Location: The subject property is situated in a strategic location with frontage along the Palmetto Expressway (SR 826) in the Miami Airport West submarket, and is in close proximity to the Miami International Airport (MIA) and adjacent to the City of Doral. The Palmetto Expressway is western Miami-Dade’s main north/south arterial highway.


Palmetto Expressway Frontage: approximately over 275,000 daily car count


Accessibility: Property can be reached via multiple highways, including the Palmetto Expressway and the Florida Turnpike. The Palmetto has Exits on NW 74 street and NW 58 street. The Florida Turnpike is a major Florida Highway just a few miles west of our site.


Signage Visibility: Approximately 267,000 daily car count on the SR 826. SR 826 is western Miami-Dade’s main north/south arterial highway and has Exits on NW 74 street and NW 58 street just north and just south of the subject property.


Public Transportation Access: The Palmetto Metro-Rail Station is less than 1/2 a mile NW of the site adjacent to SR 826 on the west side. The Metro Rail is the Miami Dade County main public transportation Rail system connecting all of Miami Dade County public transportation system such as the MIC for access to Airport, and the People Mover in the Miami CBD area.


“Qualified Opportunity Zone - QOZ” it is located in a federally designated area called "QOZ" that spurs economic development by providing tax benefits and incentives to investors. In addition, the investment is a great alternative for 1031 exchange dollars in Miami Dade County.

Call /Text - Tony Puente, CCIM 305.606.2097 (c),

email: tpuente@fairchildpartners.com


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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