Miami Trophy NNN Restaurant Portfolio
1346 South Miami Avenue, Miami, FL, 33130, US
3,400 sm
Asset description
JLL Private Capital Markets is pleased to exclusively offer the opportunity to acquire 801 Brickell Bay Drive Retail Condo, a +/-2,450 square foot retail condo with water views in Brickell, Miami’s fastest growing neighborhood. The Property is located within Tower 4 of the historic Four Ambassadors Condominium and is immediately available for occupancy or lease-up. The property features fully built out retail space with common area restrooms directly adjacent and is ideal for office, medical, fitness, med-spa, and/or bar + lounge use.
801 Brickell Bay Drive Retail Condo represents the rare opportunity to acquire high-profile retail space with an opportunistic investment profile in the heart of Brickell, one of the country’s fastest growing urban neighborhoods.
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Attributes
Building area net
228 sm
Year built
1968
Year renovated
2011
Land area net
2.55 ha
Media
Investment highlights
- Prime Brickell Location - situated in one of the nation's fastest-growing urban cores
- Versatile Space - ideal for office, medical, fitness, med-spa, and/or bar + lounge use
- Fully Built Out Retail - with adjacent common area restrooms
- Outdoor Amenities - patio space with pool and waterfront bay views
- Attractive Returns - pro-forma return on cost of +8%, underwritten to below-market Brickell rents
- Strategic Proximity – Adjacent to the popular Delilah Restaurant and 3 blocks from Citadel's recently announced 1.8M square foot HQ development
- Potential Condo Buyout Exit - located at the Four Ambassadors, the largest underdeveloped waterfront site in Brickell
Contact brokers
801 Brickell Bay Drive Retail Condo (0 Properties)
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Last updated
Nov 1, 2024
