Delilah NNN Waterfront Retail Brickell
Market Price
301 Brickell Bay Drive, Miami, FL 33131
5.03
Cap Rate
590,986
NOI
Details:
Highlights:
- Size: 10,716 SF + Exterior Area 1,900 SF
- Term: 15 years + 2 Consecutive 5 year renewal options (Lease expires in 2037)
- Space has a ground floor private entrance and lobby with private elevator leading into space
- This is a unique opportunity to acquire a retail condo with waterfront views.
- NNN deal- Rent Increase 3% per year
- Seller Financing Available
Description:
Presenting 301 Brickell Bay Drive: a 12,616 SF building with 1 unit, offering a unique opportunity to acquire a retail condo with breathtaking waterfront views. The property features a ground floor private entrance, lobby, and a private elevator leading into the space. With a 15-year lease term and 2 consecutive 5-year renewal options, this NNN deal includes a 3% annual rent increase and seller financing availability.
Discover the vibrant energy of Miami's iconic Brickell Bay Drive. Situated in the heart of the bustling Financial District, this prime location offers a perfect blend of high pedestrian traffic and stunning waterfront views. With top-rated dining options, luxury retailers, and renowned cultural institutions just a stone's throw away, the area provides an enticing opportunity for retail or restaurant investors looking to capitalize on the dynamic local market. From the upscale shops and eateries of Brickell City Centre to the lively ambiance of Mary Brickell Village, the surrounding neighborhood offers an unmatched combination of urban convenience and coastal charm for discerning businesses seeking a stellar location.
Documents:
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NNN_Delilah___Waterfront_Value-Add_Retail.pdf |
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