SOLD
AJCP & MVW Partners Acquire 16,670 SF Industrial Building In Miami's Little River
7200 Northwest 1st Avenue
Industrial
16,670 SF
16,670 SF
Sold 231 days ago
Summary
Sale
FLORIDA
Industrial
16,670 sqft
AJCP & MVW Partners have acquired a 16,670 square foot industrial facility located at 7200 NW 1 Avenue in Miami. The property was sold by ABC Bakeries Supplies & Equipment for a final sale price of $4,250,000. The facility is situated in the Little River neighborhood, a growing hub for local businesses and talent in Miami.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $4,250,000
- Address: 7200 NW 1 Avenue
- Market: Miami
Janet Crucet and Kristine Flook of Urbanize Properties served as the brokers representing both the buyer, AJCP & MVW Partners, and the seller, ABC Bakeries Supplies & Equipment. Urbanize Properties has been instrumental in facilitating property transactions for AJCP & MVW Partners in the Little River area for the past decade. This acquisition marks another step in the expansion of AJCP & MVW Partners in the neighborhood, demonstrating their commitment to supporting its growth and development. The partnership continues to collaborate with commercial real estate investors, seeking out industrial buildings in South Florida and the surrounding areas.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Janet Crucet & Kristine Flook
DATE: 09/11/2023
ADDRESS: 7200 NW 1 Avenue
MARKET: Miami
ASSET TYPE: Industrial
BUYER: AJCP & MVW Partners
SELLER: ABC Bakeries Supplies & Equiment
BROKERS: Janet Crucet (@janetcrucet) & Kristine Flook (@urbanizeproperties) - Urbanize Properties
ASKING PRICE: $4,250,000
SALE PRICE: $4,250,000
SF: 16,670 ~ PPSF: $255
NOTE FROM BROKER: Urbanize Properties team, Janet Crucet and Kristine Flook, brokered the sale for both parties. Urbanize Properties have been pivotal in facilitating properties for these buyers in the Little River Miami area for the past ten years. We are proud to be part of the growth & the vision in this area. We continue to collaborate with commercial real estate investors in locating industrial buildings in and around the surrounding areas in South Florida. Adventurous Journeys (“AJ”) Capital Partners, together with MVW Partners, expands their Little River footprint with the acquisition of 7200 NW 1st Avenue. The land consists of a 16,670 square foot facility and sits in the heart of the Little River neighborhood in Miami. In acquiring this property, AJ Capital Partners and MVW continue their efforts to support the neighborhood’s growth into a thriving hub for local businesses and talent.View on map
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Address7200 Northwest 1st Avenue
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