2545 NW 3rd Avenue
Miami, FL 33127
$80/SF NNN
- Retail
- 5,700 SF building
Highlights
- 5,700 SF building
- Zoned T5-O in Miami (as listed)
Property facts
- Lease rate
- $80/SF NNN
- Property type
- Retail
- Building size
- 5,700 SF
- Zoning
- T5-O in Miami
- Neighborhood
- Wynwood
Zoning is the code the listing gives; what a code allows depends on the city.
About this property
DWNTWN Realty Advisors is pleased to exclusively present 2545 NW 3 rd Avenue (the "Property"), a 5,700 square foot ground-floor corner retail space located in Miami's Wynwood Arts District. The space occupies the hard corner of one of the four most important intersections in the neighborhood, alongside the Wynwood Garage, Zak the Baker, and Walt Grace Vintage, and directly adjacent to the world-renowned Wynwood Walls. Currently built out as the Billionaire Boys Club flagship, the space delivers wraparound street frontage, full- height glass, polished concrete floors, and dedicated rear-alley loading for deliveries. Offered at $80 per square foot NNN, the Property sits on NW 3rd Avenue, a planned woonerf pedestrian-friendly street in the core pedestrian district of Wynwood. The corner captures foot traffic from every direction: across the street from the Wynwood Garage, which alone accounts for more than 20% of Miami's parking transactions, steps from Zak the Baker, Walt Grace Vintage, KYU and Gibson Garage, and immediately adjacent to the Wynwood Walls. Zoned T5-O within the Wynwood NRD-1 Overlay, the space accommodates a wide range of retail, gallery, and experiential concepts, with the co-tenancy of two of Wynwood's most recognized brands already in place next door. Wynwood draws over 6 million visitors annually, including more than 2 million out-of-town visitors who spend an estimated $488 million in the district each year, a base of demand Forbes has called "America's best hipster neighborhood." That demand is intensifying: 5,447 residential units are under construction, 757 hotel rooms and 374,600 square feet of new retail are in the pipeline, and the NW 3rd Avenue woonerf will convert the block directly in front of the space into a pedestrian promenade. For an operator, Core Wynwood Retail is the rare opportunity to secure a turnkey corner box at the single best-positioned intersection in Miami's highest-traffic retail submarket, ahead of the density and pedes
From the listing broker.
Our estimate
Location
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