Fully Leased Multi-Bay Industrial at 12250 Southwest 117th Court
$11,000,000
12250 Southwest 117th Court, Miami, FL 33186
41,400 SF
Square Feet
$266
PPSF
5.03%
CAP
Property Description
NOI
$553,233
Cap Rate
5.03%
Fully Leased Multi-Bay Industrial Investment with Billboard Income 12250 SW 117th Court offers investors a rare opportunity to acquire a fully leased, income-producing small-bay industrial asset in Miami’s high-demand Kendall/Tamiami submarket. The property totals 41,265 square feet across eight bays of approximately 5,158 square feet each, 18’ Clear Height, situated on an 81,022-square-foot lot with ample fenced parking. The building is 100% occupied by eight established automotive and mechanic shop tenants, several with permitted paint booths. Each bay features grade-level loading, clear warehouse height, private office areas, and outdoor storage, making this an ideal configuration for automotive and service-based users.
A Clear Channel billboard lease provides steady ancillary income, further strengthening the property’s return profile. Conveniently located near the Florida Turnpike and Don Shula Expressway, the site offers excellent regional access and long-term positioning in one of South Florida’s tightest industrial markets. With stable tenants, diversified income, and strong underlying real estate fundamentals, 12250 SW 117th Court represents a turnkey investment offering immediate cash flow and durable value in a proven Miami industrial corridor.
Property Details
Asset Type
Industrial
Year Built
1981
Zoning
INDUSTRIAL
Lot Size
1 SF
Neighborhood
West Kendall
Submarket
Miami
ZIP
33186
Listing Type
sale
Net Operating Income (NOI)
$877,704
Debt Service Coverage Ratio (DSCR)
1.40x
Cap Rate
7.98%
Cash Flow (Annual)
$251,957
Cash-on-Cash Return
9.16%
Monthly Debt Service
$52,146
Annual Debt Service
$625,747
View on Map
Address
12250 Southwest 117th Court
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Miami Industrial Market Snapshot
Boundary boundary · Industrial · Sale
No investors found in this market.