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Jones Lang LaSalle Americas, Inc. ("JLL"), a licensed real estate broker has been exclusively retained to market for sale the fee simple interest in Medley Palms Business Park (the “Property” or “Medley Palms”) – an ±8.56-acre site improved with a 44,000 SF multi-tenant, rear-loaded light industrial facility within the Town of Medley, Miami-Dade County, FL. The site is zoned 7100 Industrial – Light manufacturing, and the existing truck trailer parking lot can be developed to add up to ±76,275 SF on the site, depending on configuration, coverage, and setback variances.
Medley Palms offers a truly generational opportunity to acquire an exceptionally well-located industrial asset in one of the US’s best performing coastal markets with strong current income and multiple avenues for meaningful value creation.
- Core industrial location with excellent transportation dynamics providing immediate access to South Florida’s top demand drivers and populations bases.
- Offering presents numerous opportunities for immediate and meaningful value creation and development potential.
- The Property is ideally designed with the existing 44,000 SF building offering market leading improvements, 18’ clear heights, 14’ drive in doors, and eleven 4,000 SF bays on average, which caters to South Florida’s largest concentration of leasing activity.