City Furniture SLB - Pembroke Pines, FL
11249 Pines Boulevard, Pembroke Pines, FL, 33026, US
¥2,086,218,000 | 5,450 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
