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Storefront For Sale • 8,907 SF
| Covered Land Play – the site is currently zoned T5-O which is zoned for 65 Units per Acre |
| Hold / benefit from CPI Clauses - over 65% of the RSF contain CPI clauses in their leases |
| Below Market Rents – average rents at the center are $43.35 PSF with the high watermark of recent deals in the center being struct in mid 50s |
| Average Suite Size 890 SF – the property contains 10 suites with an average suite size close to 890 SF |
| Restructure Tenant Expense Reimbursements – 52% of the leases are on a NN basis (RE taxes and insurance) |
| Lucrative Parking Monetization - upside to be had in capturing transient revenues from Happy Wine and Flanagan's |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Coconut Grove (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) | 1 min | 9 min | 0.5 mi |
| Douglas Road (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) | 3 min | - | 1.1 mi |
| Airport | Drive | Walk | Distance |
| Miami International | 23 min | - | 11.3 mi |
| Fort Lauderdale/Hollywood International | 39 min | - | 27.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 18 |
| Type: | Surface |
| Included in Rent: | Yes |
