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CenterPoint Properties Sells 17 Acre Industrial Outdoor Storage Site In Miami For $52.1M

Property Image
SOLD
$52,100,000
Marc D. Smouha
Jonathan Marti

Florida

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Industrial
Sold 10/30/2025
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Property Image
SOLD

CenterPoint Properties Sells 17 Acre Industrial Outdoor Storage Site In Miami For $52.1M

3200 Northwest 67th Avenue

See Similar Deals
Industrial
Sold 10/30/2025
Marc D. Smouha
Jonathan Marti
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Industrial
Transaction Type:Sale

This industrial asset, located at 3200 Northwest 67th Avenue in Miami, FL, encompasses 17 acres and has been sold for $52,100,000. The property was part of an off-market transaction facilitated by CorePoint RE.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $52,100,000
  • Seller: CenterPoint Properties
  • Brokers: Marc D. Smouha & Jonathan Marti - CorePoint RE
  • Date of Sale: 10/30/2025
  • Market: Miami, FL

Marc D. Smouha and Jonathan Marti represented the seller, CenterPoint Properties, in this transaction. CorePoint RE facilitated the deal, which highlights their nationwide activity in the real estate market.

Players

Marc D. Smouha
Corepoint RE
Marc D. Smouha
36 deals$260.5M volume(917) 992-5781
BROKER
Jonathan Marti
Corepoint RE
Jonathan Marti
1 deal$52.1M volume(917) 523-2025
BROKER
Jonathan Marti
Corepoint RE
Jonathan Marti
1 deal$52.1M volume(917) 523-2025
BROKER
CenterPoint Properties
CenterPoint Properties
SELLER

Details

SOLD
IMAGE: Jonathan Marti & Marc D. Smouha DATE: 10/30/2025 ADDRESS: 3200 Northwest 67th Avenue MARKET: Miami, FL ASSET TYPE: Industrial SELLER: CenterPoint Properties (@CenterPointProperties) BROKERS: Marc D. Smouha (@Marc_Smouha) & Jonathan Marti (@Jonathan.Marti) - CorePoint RE SALE PRICE: $52,100,000 NOTE FROM BROKER: We are excited to announce the closing of this 17 acre Miami Industrial Outdoor Storage site. This was an off market transaction facilitated by CorePoint RE. We're active nationwide. Let’s connect! E- [email protected] W- CorePointRE.com

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$2,778,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$185,100.29
Cash-on-Cash Return-1.27%
Monthly Debt Service$246,980.58
Annual Debt Service$2,963,766.96