Creative Industrial Property | Showroom, Office &… — Sale in Miami, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Miami, FL 33150
  • Year built: 1955

Photos

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Description

Marcus & Millichap is pleased to present the Little River Creative Industrial Investment, an approximately 12,500 square foot modernized creative industrial property located at 261 NW 71st Street and 7120 NW 2nd Court in Miami, Florida. The property sits on approximately 15,246 square feet, or 0.35 acres, and currently operates as one integrated facility. The existing layout combines polished showroom and client facing areas, finished office and conference space, warehouse capacity and production functionality, creating a flexible asset suited for a range of creative industrial, owner user and investment strategies. The property is being offered at $6,200,000, or approximately $496 per building square foot. As part of the contemplated transaction, the seller is proposing an approximately two year sale leaseback at an assumed $30.00 per square foot NNN. Based on those assumptions, the proposed leaseback would generate approximately $375,000 in annual pro forma base rent, equating to an approximately 6.05% pro forma capitalization rate at the asking price. Final leaseback terms remain subject to negotiation and documentation. Seller financing may also be available to qualified buyers, providing additional flexibility in structuring the acquisition. The property is located within the broader Little River redevelopment corridor, an area benefiting from significant public and private investment. Nearby activity includes AJ Capital and MVW’s Little River platform, Swerdlow Group’s planned district scale redevelopment and a planned new Tri Rail station. The opportunity offers a buyer the ability to acquire a functional, already modernized creative industrial property today while receiving proposed initial leaseback income and retaining longer term exposure to the continued evolution of Little River. The investment thesis is centered on current utility, near term income and long term urban infill optionality. Investment Highlights: • 12,500 SF modernized creative-industria

Market Context

This industrial in Miami, FL is listed for sale. The building dates to 1955. Compare it against other industrial listings for sale in Miami, FL — view the full market.

As of Q2 2026, the Miami industrial market showed a 6.4% vacancy rate, and average asking rents near $15.91/SF/yr. Source: multiple brokerage reports, Q2 2026.

Industrial market FAQ

Is the Miami industrial market tightening or softening?
Vacancy is around 6.4% (Q2 2026).

Estimated Price per SF

$108.83/SF – $791.52/SF

Mid: $329.80/SF

About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.

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