Design District - Midtown Freestanding Building
Office | 6.18% CAP | 8,710 SF
Marketing description
DWNTWN Realty Advisors has been retained exclusively by ownership to arrange the sale of 45-47 NE 36th Street in Midtown, Miami. 45- 47 NE 36th Street presents a distinguished two-story freestanding corner retail property boasting 8,710 SF on a 4,356 SF lot, with a prime location in Miami's thriving Midtown district. Currently fully occupied, the ground floor hosts a retail tenant, while the remaining first and second floors accommodate an owner/user office, ensuring steady income streams and operational flexibility should the owner/user or investor wish to re-lease at market rates since the leases expire in 2025-2026. Strategically positioned on the north side of NE 36th Street, directly opposite the Shops at Midtown Miami, this property benefits from high foot traffic and visibility from major national tenants such as Target, West Elm, and Home Goods. The property features 10 parking spaces in an adjacent lot, in addition to surplus overflow parking across the street at the Midtown Garages. Accessibility is a core advantage, with immediate access to Interstate 195, Interstate 95, and Biscayne Boulevard, linking the Design District, Midtown, and Wynwood neighborhoods. The property holds promising upside potential amid ongoing developments in the area, including luxury residential towers and commercial ventures.
Investment highlights
• Directly Across The Shops At Midtown Miami
• Located Just Between Midtown, Wynwood, and the Design District
• Close Proximity To The 195 Causeway and I-95
• Owner-User or Investment Opportunity
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