Miami Airport Center Warehouse 7500 NW 25th St Unit 2 Miami, FL 33122

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1 Miami Airport Center Warehouse Strategically located directly off of the Palmetto Express way and less than one mile from Miami International Airport Liberal zoning of IU-2 (heavy industrial) Class A industrial property with dock height doors Tall 20' ceilings Sponsored By: JOHN DEMARCO, ACP JohnDeMarco@Remax.net Each office is independently owned and operated. RE/MAX 5 STAR REALTY 4151 Hollywood Blvd Hollywood, FL (954) Each office independently owned and operated

2 INVESTMENT DETAILS ANALYSIS Analysis Date April 2018 PROPERTY Property Property Address Miami Airport Center Warehouse 7500 NW 25th St Unit 2 Miami, FL Year Built 1969 PURCHASE INFORMATION FINANCIAL INFORMATION Property Type Purchase Price Tenants Total Rentable Sq. Ft. All Cash Industrial 1 15,052 LOANS Type All Cash Debt Term Amortization Rate Payment INCOME & EXPENSES Gross Operating Income Monthly GOI Total Annual Expenses Monthly Expenses ($4,321) P. 2 LO Costs

3 EXECUTIVE SUMMARY Acquisition Costs Purchase Price, Points and Closing Costs Investment - Cash Investment Information Purchase Price Price per Tenant Price per Sq. Ft. $ Income, Expenses & Cash Flow Gross Scheduled Income Total Vacancy and Credits Operating Expenses Net Operating Income Debt Service Cash Flow Before Taxes Financial Indicators Debt Coverage Ratio Capitalization Rate Gross Income / Square Feet Gross Expenses / Square Feet Operating Expense Ratio -2.59%.00 ($3.44) P. 3

4 PROPERTY DESCRIPTION Location, Location, Location! Great 15,052 + warehouse in Miami Florida. Strategically located directly off of the Palmetto Express way, seconds from the Florida turnpike, and less than one mile from Miami International Airport. Liberal zoning of IU-2 (heavy industrial) permits most uses. This property features three dock height loading docks, tall 20 ceilings, full fire sprinkler system, new LED warehouse lighting, ADA compliant, new fan exhaust system, new office HVAC and much more. About 20% built-out office includes reception area, private offices and conference room. Perfect building for your business or for an investment acquisition. Included in this offering package is an investment pro-forma showing that we this property is leased after closing, an investor will receive per year in net rent, yielding a strong 9.04% capitalization rate. Turnkey investment easy to maintain, warehouse association maintains roof, exterior, exterior paint, insurance, water, trash, and common grounds all this for only $2,600 a month. Please remember to not disturb existing business, for more information and for all showings call listing broker directly. P. 4

5 PRO FORMA SUMMARY TENANT ANNUAL SCHEDULED INCOME Tenant Actual Market TOTALS ANNUALIZED INCOME Description Actual Market Gross Potential Rent Less: Vacancy Effective Gross Income Less: Expenses Net Operating Income Actual Market $20,653 $31,200 $51,853 $ INVESTMENT SUMMARY Price: Year Built: Tenants: RSF: Price/RSF: Lot Size: Floors: APN: Cap Rate: Market Cap Rate: ,052 $ ,052 sf 1 ANNUALIZED EXPENSES Description Taxes - Real Estate Maintenance Total Expenses Expenses Per RSF % 9.04% P. 5

6 PROPERTY PHOTOS P. 6

7 LOCATION MAP P. 7

8 DEMOGRAPHICS Population Male 61,388 (48.01 %) 223,849 (48.19 %) Female 66,470 (51.99 %) 240,708 (51.81 %) Total Population 127, ,557 Age Breakdown Ages 0-4 6,078 (4.75 %) 22,343 (4.81 %) Ages 5-9 7,373 (5.77 %) 27,374 (5.89 %) Ages ,640 (5.19 %) 25,041 (5.89 %) Ages ,194 (4.84 %) 23,713 (5.10 %) Ages ,466 (5.06 %) 24,287 (5.23 %) Ages ,000 (5.47 %) 25,398 (5.47 %) Ages ,580 (5.93 %) 26,994 (5.81 %) Ages ,300 (6.49 %) 29,211 (6.29 %) Ages ,104 (7.12 %) 31,770 (6.84 %) Ages ,728 (7.61 %) 33,711 (7.26 %) Ages ,188 (7.19 %) 32,642 (7.03 %) Ages ,504 (6.65 %) 30,382 (6.54 %) Ages ,615 (5.96 %) 27,621 (5.95 %) Ages ,810 (5.33 %) 24,997 (5.38 %) Ages ,029 (4.72 %) 22,322 (4.81 %) Ages ,079 (3.97 %) 19,007 (4.09 %) Ages ,899 (3.05 %) 14,706 (3.17 %) Ages 85+ 6,271 (4.90 %) 23,038 (4.96 %) P. 8

9 DEMOGRAPHICS Household Income Median Income $43,271 $39,974 Less than $10,000 4,459 16,873 $10,000 -$14,999 2,706 12,505 $15,000 - $19,999 3,181 11,986 $20,000 -$24,999 3,228 10,702 $25,000 - $29,999 2,659 10,017 $30,000 - $34,999 3,187 9,632 $35,000 - $39,999 2,350 8,270 $40,000 - $44,999 3,033 9,363 $45,000 - $49,999 2,407 7,240 $50,000 - $59,999 3,854 12,850 $60,000 - $74,999 4,454 14,558 $75,000 - $99,999 4,321 14,016 $100,000 - $124,999 3,118 8,806 $125,000 - $149,999 1,618 4,347 $150,000 - $199, ,965 Greater than $200, ,316 Housing Housing Units 49, ,178 Occupied Units 45, ,416 Owner Occupied Units 24,291 82,223 Renter Occupied Units 21,628 78,193 Vacant Units 3,585 10,762 Race Demographics Population Non Hispanic White 120, ,533 Population Black 2,683 11,390 Population Am In/Ak Nat 2 13 P. 9