This portfolio presents a 19, 650 SF three parcel assemblage with approximately 26, 274 SF leasable space by the south eastern gateway into Wynwood s Art amp ; Entertainment District.


Property

Website:https://www.nestseekers.com/5698355
Address:
Miami, FL 33127
Ownership: For Sale
Type: mixed-use
Lot Size: 0.5 Acres

Financials

Price:$18,500,000
Annual Taxes:$26,655

Description

This portfolio presents a 19,650 SF three-parcel assemblage with approximately 26,274 SF leasable space by the south-eastern gateway into Wynwood’s Art & Entertainment District. With existing cash flow generated from leases at below market value, the property has tremendous upside potential to further increase revenues while benefiting from the imminent transformation of Wynwood’s SE Quadrant. Several significant new projects such as CIM Group’s Wynwood Square, with approximately 87,000 SF office & retail space as well as 257 apartments, and Quadrum Global’s fashionable Arlo Hotel, are located within only a block or two of the property. Current tenants in place-

Contact

Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of One Sotheby's International Realty

Miami FL 33127 USA