NNN Investment | Waterfront Retail

3101 NE 7th Ave, Miami, FL

$25,000,000

Price

6%

Cap Rate

$1,500,000

NOI

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Street
Map
Overview
Cap Rate
6%
NOI
$1,500,000
Building Size
12,316 sqft
Lot Area
0.22 acres
Occupancy
100%
Year Built
2018
Floors
2
Description

FA Commercial presents this exclusive listing; a NNN retail property for sale with a restaurant tenant in place. Set in the new Paraiso District, with 1350 luxury residential units. The restaurant, Amara by Michael Schwartz, is centrally located in Miami's Edgewater neighborhood, which is surrounded by popular Miami hotspots including Wynwood, Midtown Miami and the Design District. The restaurant includes main dining room and bar seating with floor to ceiling windows offering dramatic Biscayne Bay views, as well as deck seating on the water. The approach is warm and inviting, drawing the outside in with white-washed paneling, natural woods, and graphic concrete tiles. Detailing is open, honest, and relaxed with exposed trusses and an open double-height steel stair. Set in a new neighborhood rising in East Edgewater, Miami, our new enclave will have a private beach club on the second floor of our bayside restaurant.

Freestanding NNN retail building with top tenant in place. The waterfront restaurant overlooks the beautiful Biscayne Bay, amidst the new development project of 3 residential towers.

Highlights
  • This is a unique opportunity to acquire a free-standing building with waterfront views.
  • Term: 15 years + 2 Consecutive 10 year renewal options
  • Rent increases every year by 3%
Documents
Location
Gallery