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Wynwood Gateway Investments

Mixed Use | 26,374 SF

Listing Contacts

Active

Asking Price: $18,500,000
Address 

2010-2014-2020 NW MIAMI COURT, MIAMI, FL USA, Miami, FL 33127

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Date Added
Oct 23, 2019
Days on Market
1979 days
Time Since Last Update
96 days

Details

Property TypeMixed Use
Investment TypeRedevelopment
Investment Sub Typemixed use
ClassB
Lease TypeNNN
TenancyMulti
Square Footage26,374
Net Rentable (sq ft)26,374
Price/Sq Ft$701.45
Occupancy100%
Units3
Year Built1938
Buildings3
Stories2
ZoningMiami 21 T5-O
Price/Sq Ft (Land Value)$687/SF

Marketing Description

This portfolio presents a 19,650 SF three-parcel assemblage with approximately 26,274 SF leasable space by the south-eastern gateway into Wynwood’s Art & Entertainment District.​ With existing cash flow generated from leases at below market value, the property has tremendous upside potential to further increase revenues while benefiting from the imminent transformation of Wynwood’s SE Quadrant.​ Several significant new projects such as CIM Group’s Wynwood Square, with approximately 87,000 SF office & retail space as well as 257 apartments, and Quadrum Global’s fashionable Arlo Hotel, are located within only a block or two of the property.​ Current tenants in place-
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Investment Highlights

  • ​located in Wynwood's most promising and currently still undervalued area
  • ​in-place cash flow
  • ​tremendous development potential

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Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


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