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Ideal educational facility
Ideal educational facility
Ideal educational facility
Ideal educational facility
Ideal educational facility
Ideal educational facility
Ideal educational facility
Ideal educational facility
Ideal educational facility
Ideal educational facility
Ideal educational facility
Ideal educational facility
Ideal educational facility
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Ideal educational facility

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1 block away from Metro Rail station

1 block away from Metro Rail station

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  • 1. Metro 1 Properties, Inc. | Sustainable Real Estate Solutions ™ 120 NE 27th St., #200, Miami, FL 33137 | O: P:305.571.9991 | F: 305.571.9661 E: info@metro1properties.com | W: www.metro1properties.com FOR MORE INFORMATION CONTACT TONY CHO, LICENSED REAL ESTATE BROKER 651 WEST 20 TH STREET MIAMI, FL 33010
  • 2. <ul><li>Based in Miami, Metro 1 Properties Inc. is a boutique commercial real estate brokerage dedicated to providing a superior level of advisory and transaction services for clients conducting business throughout the world. We offer clients the services of a vertically-integrated, full service brokerage with a unique twist: the power of an advertising firm as well. </li></ul><ul><li>Our services include commercial sales and leasing, landlord and tenant representation, sustainability services, M1 debt and equity financing and M1 marketing. </li></ul><ul><li>Our focus is to build community and effect the redevelopment of the urban core through strategic alliances with private investors, developers, landlords, retailers, tenants and governmental entities and to promote services that are sustainable, always advocating for smart growth. </li></ul><ul><li>Founded in 2005, Metro 1 is led by energetic and knowledgeable executives with years of local market experience. Our clients receive a high level of personal service as well as state-of-the art technology and marketing expertise. We utilize a team approach—unusual in the brokerage industry—but one that fosters collaboration, facilitates the sharing of information and enhances networking with other brokers, sustainable suppliers and the experts and professionals our clients require for their success. </li></ul><ul><li>The principals of Metro 1 are committed to promoting sustainability not only in the industry but within our own firm. We are leaders in the green building movement, encouraging and educating our clients and the general public about sustainable initiatives, redevelopment of the urban core and infill development. We set ourselves apart from the droves of other agents due to our vision and unique perspective for the future. </li></ul>
  • 3. <ul><li>Offered for sale at $3.29M | Total Bldg SF: 80,000 Total Lot: 2 Acres </li></ul><ul><li>Take advantage of this well situated 80,000 SF industrial/flex property; located within walking distance from the Okeechobee Metrorail stop and has immediate access to MIA, 112 and the Palmetto. Ideal for a user – investor, West 20th Street has benefited substantially from the up-zoning of neighboring properties and now is home to Excelsior Charter School and Hialeah Technology Center. This fully air-conditioned, two story facility has dock height loading doors in front and comes complete with offices on both floors, a cafeteria and an area dedicated solely for training. There is room to accommodate up to 200 parking spaces on the site. This highly improved property is being offered for sale well below replacement cost. User should take advantage of these historic low prices in a sub-market with notable upside potential where the value and opportunity is measurable. </li></ul><ul><li>This two-story flex space can accommodate a variety of uses including industrial, office, R&amp;D or could be used as a light manufacturing warehouse. This property is ideal for a self-storage facility, liquidators, import/exporters, medical/healthcare services, bio-tech, solar/electronic manufacturing, alternative office space, or a call center. </li></ul><ul><li>Property Highlights : </li></ul><ul><ul><li>Freight elevator </li></ul></ul><ul><ul><li>100% under AC </li></ul></ul><ul><ul><li>High-tech security system </li></ul></ul><ul><ul><li>Off-site paved parking </li></ul></ul><ul><ul><li>Conference room </li></ul></ul><ul><ul><li>Large kitchens </li></ul></ul><ul><ul><li>Fully sprinklered </li></ul></ul><ul><ul><li>5 covered truck well </li></ul></ul><ul><ul><li>+/- 28,000 SF built out offices </li></ul></ul><ul><ul><li>+/- 52,000 SF open-space </li></ul></ul><ul><ul><li>Located in the Enterprise zone for tax benefits </li></ul></ul>
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  • 5. FIRST FLOOR AVAILABILITY
  • 6. SECOND FLOOR AVAILABILITY
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  • 10. <ul><li>An Enterprise Zone is a specific geographic area targeted for economic revitalizing. Enterprise Zones encourage economic growth and investment in distressed areas by offering tax advantages and incentives to businesses locating within the zone boundaries. </li></ul><ul><li>Currently there are 56 state Enterprise Zones. Included within that total are: </li></ul><ul><li>3 Federal Enterprise Communities </li></ul><ul><li>2 Federal Empowerment Zones </li></ul><ul><li>28 Rural Enterprise Zones </li></ul><ul><li>28 Urban Enterprise Zones </li></ul>
  • 11. The Florida Enterprise Zone Program offers various tax incentives to businesses located within the designated enterprise zones. In addition, local governments may also offer their own incentives. Listed below are all of the Florida incentives for businesses located in an Enterprise Zone. Jobs Tax Credit (Sales Tax): Rural Enterprise Zones Allows a business located within a Rural Enterprise Zone to take a sales and use tax credit for 30 or 45 percent of wages paid to new employees who live within a Rural County. To be eligible, a business must create at least one new job. The Sales Tax Credit cannot be used in conjunction with the Corporate Tax Jobs Credit. Jobs Tax Credit (Sales Tax): Urban Enterprise Zones Allows a business located within an Urban Enterprise Zone to take a sales and use tax credit for 20 or 30 percent of wages paid to new employees who reside within an enterprise zone. To be eligible, a business must create at least one new job. The Sales Tax Credit cannot be used in conjunction with the Corporate Tax Jobs Credit). Jobs Tax Credit (Corporate Income Tax): Rural Enterprise Zones Allows a business located within a Rural Enterprise Zone to take a corporate income tax credit for 30 or 45 percent of wages paid to new employees who reside within a Rural County. To be eligible, a business must create at least one new job. The Corporate Tax Credit cannot be used in conjunction with the Sales Tax Credit. Jobs Tax Credit (Corporate Income Tax): Urban Enterprise Zones Allows a business located within an Urban Enterprise Zone to take a corporate income tax credit for 20 or 30 percent of wages paid to new employees who reside within an enterprise zone. The Corporate Tax Credit cannot be used in conjunction with the Sales Tax Credit. Business Equipment Sales Tax Refund: Rural and Urban Enterprise Zones A refund is available for sales taxes paid on the purchase of certain business property, which is used exclusively in an Enterprise Zone for at least 3 years. Building Materials Sales Tax Refund: Rural and Urban Enterprise Zones A refund is available for sales taxes paid on the purchase of building materials used to rehabilitate real property located in an Enterprise Zone. Property Tax Credit (Corporate Income Tax): Rural and Urban Enterprise Zones New or expanded businesses located within an enterprise zone are allowed a credit against Florida corporate income tax equal to 96% of ad valorem taxes paid on the new or improved property. Sales Tax Exemption for Electrical Energy: Rural and Urban Enterprise Zones A 50% sales tax exemption is available to qualified businesses located within an Enterprise Zone on the purchase of electrical energy, if the municipality has reduced the municipal utility tax by at least 50%. Community Contribution Tax Credit Program: Rural and Urban Enterprise Zones Allows businesses a 50% credit on Florida corporate income tax, insurance premium tax, or sales tax refund for donations made to local community development projects. Businesses are not required to be located in an enterprise zone to be eligible for this credit.
  • 12. One of the most densely populated and developed regions of Florida, the Southeast Region offers a number of advantages to businesses, including large urban centers such as Miami and Ft. Lauderdale. Infrastructure: This region provides easy access to international markets via several international airports and deep-water seaports. Home to a Network Access Point, the AMPATH network, and numerous Internet-related companies, this region is considered to be one of the major telecom hubs in the world and offers many other technological advances in voice, video and data transmission. Industry: Companies that want to compete on the international level find that Southeast Florida is the perfect strategic location for their businesses. As a result, Latin American companies often locate their regional headquarters in the area. In fact, Miami is recognized as the business capital of Latin America. Furthermore, globally-bound innovative companies find the area’s talented, multi-cultural workforce, its high-tech environment and its international opportunities appealing. Workforce: Southeast Florida offers a large pool of highly skilled individuals, and is home to several research universities, such as the University of Miami, Florida International University and Florida Atlantic University , which continue to increase the knowledge base in the area. Additionally, the area’s culturally diverse population serves as an excellent resource for global corporations requiring a multi-lingual workforce. Quality of Life: Southeast Florida’s diverse ethnic and cultural environment and its year-round outdoor lifestyle are well-known. A variety of other attractions, such as major cultural institutions, shopping experiences, fine restaurants, and professional sports teams, also draw smart and sophisticated audiences. Add in a housing options in both urban and suburban locations, and it’s clear that the Southeast region offers a unique and rich quality of life. This region is home to the Miami-Fort Lauderdale-Pompano Beach, Sebastian-Vero Beach and Port St. Lucie metropolitan areas. Southeast Florida: Economic Indicators $252,750 Median Home Price, 2008 113.0 Cost of Living Index, 2008 (U.S. average=100) 1474 Number of Foreign-Affiliated Companies $43,480 Per Capita Personal Income, 2007 $260.7 Personal Income, 2007 ($billions) 6.0% Unemployment Rate, 2008 2,960,332 Total Employment, 2008 3,147,674 Labor Force, 2008 6,023,098 Population, 2008
  • 13. <ul><li>Florida&apos;s stable and highly favorable tax climate provides advantages that make a Florida location profitable for every type of business. Progressive legislation also ensures that Florida remains a worldwide hub for new and expanding businesses. </li></ul><ul><li>  </li></ul><ul><li>Florida has </li></ul><ul><li>NO corporate income tax on limited partnerships </li></ul><ul><li>NO corporate income tax on subchapter S-corporations </li></ul><ul><li>NO state personal income tax guaranteed by constitutional provision </li></ul><ul><li>NO corporate franchise tax on capital stock </li></ul><ul><li>NO state-level property tax assessed </li></ul><ul><li>NO property tax on business inventories </li></ul><ul><li>NO property tax on goods-in-transit for up to 180 days </li></ul><ul><li>NO sales and use tax on goods manufactured or produced in Florida for export outside the state </li></ul><ul><li>NO sales tax on purchases of raw materials incorporated in a final product for resale, including non-reusable containers or packaging </li></ul><ul><li>NO sales/use tax on co-generation of electricity </li></ul><ul><li>Florida offers Sales and Use Tax Exemptions on </li></ul><ul><li>Machinery and equipment used by a new or expanding Florida business to manufacture, produce or process tangible personal property for sale </li></ul><ul><li>Labor, parts and materials used in repair of and incorporated into machinery and equipment </li></ul><ul><li>Electricity used in the manufacturing process </li></ul><ul><li>Certain boiler fuels (including natural gas) used in the manufacturing process </li></ul><ul><li>Semiconductor, defense and space technology-based industry transactions involving manufacturing equipment </li></ul><ul><li>Machinery and equipment used predominantly in research and development </li></ul><ul><li>Labor component of research and development expenditures </li></ul><ul><li>Commercial space activity — launch vehicles, payloads and fuel, machinery and equipment for production of items used exclusively at Spaceport Florida </li></ul><ul><li>Aircraft parts, modification, maintenance and repair, sale or lease of qualified aircraft </li></ul><ul><li>Production companies engaged in Florida in the production of motion pictures, made for television motion pictures, television series, commercial music videos or sound recordings. </li></ul><ul><li>Combined with Florida&apos;s other business advantages and excellent quality of life, this cost competitive environment creates an unbeatable value proposition for both business owners and employees alike. </li></ul>Metro 1 Properties, Inc. | Sustainable Real Estate Solutions ™ 120 NE 27th St., #200, Miami, FL 33137 | O: P:305.571.9991 | F: 305.571.9661 E: info@metro1properties.com | W: www.metro1properties.com

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