7350 NW 35th Terrace - Miami, FL

Date: November 2013
Address: 7350 NW 35 Terrace
City: Miami
Sq. Ft: 26,568
Price: $2,510,000

Price Per Sq. Ft: $94
Year Built: 1985
Buyer: Global Exports USA
Seller: Wolf Holdings Inc.

Transaction Details: Global Exports USA recently purchased the former Herman Electronics’ Miami warehouse, 7350 NW 35th Terrace, Miami, FL  33122.  The warehouse had been for sale for almost a year and had been with two different brokerage companies prior to selling.

The warehouse consists of over 30% office space (+/-6,670 sq. ft.), seven dock loading doors, a loading ramp, and the warehouse portion is close to 75% air-conditioned.

The warehouse is +/-26,568 sq. ft., with a lot size of just over 1 acre.  In addition to the sale of this property, Wolf Holdings had a 1 acre parking lot across the street from the warehouse, which was originally marketed for sale with the property, but when the second broker took over, the lot was not included in the sale of the warehouse (further information still pending).