INDUSTRIAL PROPERTY SHOWCASE – FLEX WAREHOUSE COLLECTION

Miami

20200 NW 2nd Ave | North Dade Flex Portfolio | 10,756 SF | $3,500,000

Executive Summary

This isn’t just real estate — this is a portfolio of opportunity. Seven fully leased flex warehouse units under one roof at 20200 NW 2nd Ave, offering a combined 10,756 SF of versatile, income-producing space in the heart of North Dade. With each unit designed for adaptability — warehouse, showroom, light manufacturing, or creative use — the property attracts a wide spectrum of businesses.

In today’s market, demand for flex/warehouse space in Miami is insatiable. Vacancy hovers near record lows, and new construction is scarce. This portfolio is your entry ticket into one of the tightest industrial submarkets in the country — with below-market rents today and the ability to push rates higher tomorrow.

You’re not buying just a building — you’re buying momentum, location, and cashflow leverage.

Why It Works / Investment Highlights

• Seven Units, One Portfolio — A6, A8, B2, B3, D3, D6, D8, totaling 10,756 SF.
• Current Annual Rental Income: $215,640.
• All Leases Below Market — Built-in upside through incremental rent increases and lease rollover.
• Short-Term Leases = Flexibility — Ability to mark rents to market annually in a rapidly appreciating submarket.
• Strong Tenant Mix — Attracting small and medium-sized businesses that form the backbone of Miami’s industrial economy.
• Prime North Dade Location — Immediate access to major highways, transport corridors, and urban workforce hubs.
• Irreplaceable Flex Design — Units feature storefront entries plus warehouse bays, appealing to a wide tenant base.
• Miami Industrial Demand — Vacancy rates among the lowest in the U.S., with rent growth consistently outpacing national averages.

Property Facts

• Acquisition Price: $3,500,000
• Total Portfolio Size: 10,756 SF
• Units Included & Income:
  • A6 / 106: 1,784 SF | $36,000/yr
  • A8 / 108: 1,644 SF | $29,640/yr
  • B2 / 202: 1,402 SF | $31,200/yr
  • B3 / 203: 1,215 SF | $27,600/yr
  • D3 / 403: 1,562 SF | $30,000/yr
  • D6 / 406: 1,562 SF | $30,000/yr
  • D8 / 408: 1,587 SF | $31,200/yr
• Total Current Rental Income: $215,640/yr
• All leases below market rate (substantial upside potential)
• Zoning: Industrial / Flex

Strategic Angle

Here’s the reality: small-bay industrial is Miami’s goldmine. National players chase mega-distribution centers, but the heartbeat of Miami’s business ecosystem is in units like these — 1,200 to 1,800 SF bays that serve contractors, e-commerce entrepreneurs, import/export shops, creative producers, and light manufacturers.

And here’s the kicker: demand is permanent. These tenants rarely leave the submarket, and when they do, another business is waiting at the door. With short-term leases currently under market, you have a perfect lever to grow NOI year over year. This isn’t just about collecting checks — it’s about controlling a pipeline of rising cashflow in a land-constrained, supply-starved metro.

In a market where industrial condos trade like commodities, a seven-unit income-producing block is rare. Owning this portfolio means you command both stability (in-place tenants) and velocity (rent growth potential).

Bottom Line

The North Dade Flex Portfolio at 20200 NW 2nd Ave is an investment in Miami’s most resilient industrial category: small-bay flex. For $3.5M, you acquire seven versatile units totaling 10,756 SF, all leased with immediate rental income and positioned for substantial rent growth. This is steady cashflow today, stronger returns tomorrow, and an asset class that never goes out of demand.

If you’ve been waiting for the right industrial play — the kind with security, scalability, and upside baked in — this is it.

Links

Argossy International Properties
Miami Dept of Innovation

Transportation Snapshot

• Cargo Air — Miami International Airport (MIA): ~20 miles
• Cargo Rail — CSX Intermodal in Miami area: ~18 miles
• Cargo Port — PortMiami: ~25 miles

Listing Courtesy of Raffi Anac, XP Management LLC