Freestanding NNN-Leased Warehouse

The tenant is in Year 2 of a 5-year initial term and holds two 5-year renewal options with 2% annual increases, giving the income stream a contractual path to $380,326 per year by Year 15.

Beyond the income, the site sits inside Miami-Dade's Bird Road Design and Industrial (BRDI) Overlay District, which now permits residential and mixed-use development. With a 366-unit residential project already financed a few blocks away, this is dependable NNN income today on a corner half-acre with long-term redevelopment potential.

A freestanding, two-story CBS street-level warehouse with an air-conditioned office and sales area, on a rectangular corner lot fronting three streets.

Tenants and owner-users get fast access to the Palmetto Expressway, the Dolphin Expressway (SR 836) and the Florida Turnpike, with Miami International Airport, Doral, Coral Gables, Kendall and Downtown Miami a short drive away.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023).

The 100' x 220' lot has 220 feet of frontage on SW 74th Avenue and 100 feet on each of SW 41st and SW 42nd Streets, with direct ingress and egress from all three. The building includes approximately 1,000 SF of air-conditioned office and sales space, an approximately 2,250 SF second floor, and warehouse clear heights of approximately 14 to 22 feet.

The Property is zoned IU-1, Industrial, Light Manufacturing, in unincorporated Miami-Dade County, and is located within the Bird Road Design and Industrial (BRDI) Overlay District. The overlay keeps every IU-1 industrial use (warehousing, distribution, light manufacturing, contractors and trade uses) and adds design-district uses such as galleries and studios, showrooms, office, restaurants and coffeehouses, breweries, and live-work units.

Florida's Live Local Act may offer an additional path: it requires counties to allow qualifying multifamily and mixed-use rental development on commercially and industrially zoned land when at least 40% of the units are affordable. All redevelopment potential is subject to the current lease and to the buyer's own confirmation with Miami-Dade County and land-use counsel.

Miami-Dade remains one of the tightest industrial markets in Florida. Metro vacancy stood at 5.6% in Q3 2026, the lowest in the state (Cushman & Wakefield), and the West Miami/Coral Terrace submarket was the tightest in the metro at 1.3%, with the strongest rent growth at +1.9% (Matthews).

Residential capital is arriving too. Coastland Residential secured an $84.5 million construction loan in August 2026 for Vybe 75, a 366-unit, eight-story mixed-use building at 4383 SW 75th Avenue, the first phase of a planned ~1,000-residence program in the Bird Road District.

This Offering Memorandum has been prepared by Avanti Way Commercial solely for use by qualified prospective purchasers evaluating the potential acquisition of 7400 SW 41st Street, Miami, FL 33155. The information contained herein has been obtained from sources believed to be reliable but has not been independently verified. Lease terms are as provided by ownership and are qualified in their entirety by the lease.