Prime Retail Investment Opportunity – Miami Beach | $5,000,000

Description:

Located in the heart of Miami Beach, this prime retail property offers a rare opportunity to acquire a high-visibility asset in one of South Florida’s most sought-after markets. Situated at 1215 West Avenue, the property benefits from strong local demographics, year-round tourism, and close proximity to world-renowned destinations, including Lincoln Road, the beach, luxury hotels, and vibrant dining and entertainment venues.

The property features:

• Space #1: 1,970 SF – Leased to established international brand Joe & the Juice, providing stable tenancy and strong brand presence.
• Space #2: 3,205 SF – Available for lease, offering an exceptional opportunity for an owner-user or investor to secure a tenant in a high-demand retail corridor.

Total Retail Space for Sale: 5,174 SF – combining the leased and available units, providing a flexible investment with immediate income and long-term appreciation potential.

This asset offers strong pedestrian traffic, excellent street exposure, and positioning in a thriving commercial corridor, making it ideal for investors seeking income stability with upside through leasing or property appreciation.




• NOI: $257,413 annually
• Cap Rate: 5.12%
• 3% annual rent increases
• NNN lease structure
• Retail/commercial zoning
• High foot traffic location
• Surrounded by ongoing residential and commercial development

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