14427 NW 60th Ave

Jones Lang LaSalle has been exclusively retained to market for sale 14427 NW 60th Ave– an infill, industrial manufacturing facility totaling 106K SF on 7.3 acres in Miami Lakes, FL within the Northwest Dade submarket of the Miami MSA.

The Property serves as the headquarters for National Molding, a global, private equity backed manufacturer of precision engineered plastic components. The tenant has 3.3 years of WALT and is currently paying $9.63 per square foot modified gross in rent with 2.5% annual escalations.

This opportunity presents immense near-term value-add potential through two immediately actionable business plans: A new owner can unlock significant near-term value through a 94% MTM opportunity upon the tenant’s expiration in December 2028 and leverage the exceptional leasing fundamentals in one of the nation’s highest barriers to entry markets. Alternatively, value can be captured through redevelopment of the 7.3-acre site to maximize its highest and best use and capture the significant rent premium associated with newer buildings in the submarket.

The Property benefits from a strategic location offering immediate access to multiple of Florida’s key transportation arteries and intersections including I-95, Florida’s Turnpike, and Palmetto Expressway (10 minutes from the only I-95–FL’s Turnpike–Palmetto Expy intersection in the state). Its position in the heart of the Miami MSA provides access to 6.2 million people within 90 minutes and sits less than 30 minutes from all critical Miami logistics infrastructure including two of the state’s primary economic drivers Miami International Airport (10th busiest airport in the U.S.) and the Port of Miami (10th busiest seaport in the U.S.) which generate over $179B in economic impact.

14427 NW 60th Ave offers investors the rare opportunity to break into one of the highest barriers to entry and most sought-after markets in the nation at an incredible basis below replacement cost and recent transactions with limited downside risk due to the property’s versatility and multiple pathways to value creation—whether through immediate lease optimization or redevelopment.