Prices on warehouse units and offices have come down in '08. Prices are coming in line with the rental rates and as a result, some investment opportunities are being discovered. There are units now on our inventory for sale for far less than replacement cost or the comparable sales in the complex that they are located in. Here are three of our best priced properties currently for sale in the Tamiami Airport / West Kendall area:
Geronimo Park Warehouses
1,000 sq. ft warehouse unit
$120,000 ($120.00 per sq. ft.)
Kendallwood Park Warehouses
1,600 sq. ft. flex warehouse unit
$217,000 ($135.00 per sq. ft.)
Park Place II of Kendall Offices
1,260 sq. ft. office unit
$195,000 ($155.00 per sq. ft.)
Please contact me for more information on these properties or property for lease mailto:steve@sepm.net 305-984-5357.
