282-292 25Th St, Miami, FL 33127
2 Retail Properties Offered at $14,900,000 in Miami, FL
For Sale
Active
Asking Price $14,900,000
- Property Type
-
Retail
- Square Feet
- 19,519 SF
Listing Contacts
Tony Arellano
Devlin Marinoff
Property Overview
DWNTWN Realty Advisors has been retained exclusively to arrange the sale of the NNN Wynwood Retail Portfolio with cross block
double frontage on NW 24th Street and NW 25th Street. The Portfolio is composed of 4 buildings, totaling 19,760 SF on a 22,719 SF lot. 100% occupied and leased by Bartaco and the DogFish Head brewery, the Portfolio represents a value-add opportunity to lease the brewery to another user at market rents and/or renovate the existing brewery once their lease ends in November 2023 to benefit from measurable upside in rent growth, with the possibility of long-term redevelopment. The site possesses remaining development TDRs for 23 residential units and full office, or 26 hotel keys, before available bonuses or market transfers. The development envelope for non-residential or hospitality remains, as-of-right, fully available.
double frontage on NW 24th Street and NW 25th Street. The Portfolio is composed of 4 buildings, totaling 19,760 SF on a 22,719 SF lot. 100% occupied and leased by Bartaco and the DogFish Head brewery, the Portfolio represents a value-add opportunity to lease the brewery to another user at market rents and/or renovate the existing brewery once their lease ends in November 2023 to benefit from measurable upside in rent growth, with the possibility of long-term redevelopment. The site possesses remaining development TDRs for 23 residential units and full office, or 26 hotel keys, before available bonuses or market transfers. The development envelope for non-residential or hospitality remains, as-of-right, fully available.
Highlights
- Value Add Reposition
- Unique Infill Retail Within The Core Pedestrian District
- Cross-Block Double Frontage on NW 24th Street and NW 25th Street
- Directly Across From The New Moxy Hotel – 120 Hotel Rooms
All available spaces
- Space
- Size
- 4,400 SF
- Space Subtype
- Retail
- Space
- Size
- 15,119 SF
- Space Subtype
- Retail
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