Industrial Space Overview
CBRE, Inc., as the exclusive advisor, presents Medley Distribution Center for sale. This industrial distribution facility and warehouse condominium is located in one of Miami's top industrial markets. The ± 28,544-square-foot facility features ± 24 feet clear height, a 2019 roof with a 20-year warranty, five loading docks, and a built-in 2-story 4,000 SF showroom/office. The current furniture tenant vacates shortly after closing, providing ample space in a market with limited availability. The association covers maintenance, insurance, and landscaping expenses. The Medley submarket boasts rental growth of 21.6% over the past 12 months, exceeding the average annual change of 7.8% over the past decade, and a vacancy of 3.6%. This presents an ideal opportunity for owner-users seeking space in a constrained industrial market.
