Lincoln Road Miami Beach, FL

The Lincoln Road Collection

投资组合描述

Jones Lang LaSalle (“JLL”) is pleased to present the opportunity to acquire The Lincoln Road Collection, a rare assemblage of curated retail properties with an irreplaceable location at the epicenter of one of the most dynamic and well-known retail districts in the nation.

The Lincoln Road Collection is comprised of six multi-tenant buildings totaling 145,572 square feet. The Portfolio is currently 60.2% leased to a high-quality roster of globally and nationally recognized retail brands, including Marshalls, Anthropologie, The Cheesecake Factory, Armani Exchange, Tumi, MC2 Saint Barth, Starbucks, It’s Sugar, and Solstice Sunglasses among others.

The Lincoln Road Collection offers immediate scale in a coveted primary gateway market via the largest accumulation of retail space along Miami’s most heavily trafficked retail corridor, Lincoln Road. Moreover, the Collection offers tremendous value enhancement opportunities and compelling NOI growth potential with a clear path to achieving outsized risk-adjusted returns, with limited downside risk at pricing substantially below replacement cost.

The Portfolio is being offered on a portfolio basis. Seller’s strong preference is a single portfolio execution, but will also consider offers on a sub-portfolio or individual basis.

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属性

建筑净面积

13,524 平方米

占用率

60.2%

建筑物数量

加权平均未到期租赁期

3.6 年

The Lincoln Road Collection (6个物业)

媒体

投资亮点

Rare opportunity to acquire the largest assemblage of retail assets along Lincoln Road below replacement cost with significant upside potential
Main and main, irreplaceable locations along Lincoln Road, including three high-profile hard-corners
High-quality in-place tenancy with 76% of leased GLA is comprised of globally and nationally recognized retail brands
Extraordinary value-add potential with compelling NOI growth
Attractive acquisition significantly below replacement cost in an extremely high barrier-to-entry global gateway market