FOR LEASE #NOW | WYNWOOD’S POCKET CORRIDOR · by it daily. It is ideal for retail, office,...

8
PRESENTED BY COMMERCIAL #NOW | WYNWOOD’S POCKET CORRIDOR 3200 NW 2 AVENUE, MIAMI, FL 33127 FOR LEASE PROPOSED RENDERING

Transcript of FOR LEASE #NOW | WYNWOOD’S POCKET CORRIDOR · by it daily. It is ideal for retail, office,...

Page 1: FOR LEASE #NOW | WYNWOOD’S POCKET CORRIDOR · by it daily. It is ideal for retail, office, studios, fitness, ... TOURISM & ECONOMIC SNAPSHOT VISITORS IN THE MONTH OF MARCH 2019

PRESENTED BY COMMERCIAL

#NOW | WYNWOOD’S POCKET CORRIDOR3200 NW 2 AVENUE, MIAMI, FL 33127

FOR LEASE

PROPOSED RENDERING

Page 2: FOR LEASE #NOW | WYNWOOD’S POCKET CORRIDOR · by it daily. It is ideal for retail, office, studios, fitness, ... TOURISM & ECONOMIC SNAPSHOT VISITORS IN THE MONTH OF MARCH 2019

#NORTH OF WYNWOOD3200 NW 2 AVENUE, MIAMI, FL 33127

FOR LEASE

EXECUTIVE SUMMARY

HIGHLIGHTS

Building Size: 4,018 SF

Land Size: 5,300 SF

Zoning: T5-O

Property Type: Retail

Metro 1 Commercial is proud to present 3200 NW 2 Ave (‘The Property’) For Lease. The property has a total rentable area of 4,018 SF. This is the perfect opportunity to be part of the charm of #NOW (North Of Wynwood). Wynwood’s pocket corridor on NW 2 Ave. #NOW features boutique retail, markets, and cafe locations that still retain the greenery of mature trees adding extra character to the area.

The local businesses are supported by the foot traffic from a mix of locals as well as a tourist demographic that are driven to #NOW for its unique character and by those who are looking to get a more local experience. The Property is perfectly located in the corner of NW 2 Ave and NW 32 St which makes it highly visible to more than 8,000 cars that drive by it daily. It is ideal for retail, office, studios, fitness, artistic and creative uses.

The Property is located within a short distance to the other businesses in Wynwood like Box Elder Craft Beer Market, Brick, R House among others. It is only minutes away to I-95 and I-195 highways, and it is nestled within close driving range of Downtown, The Miami Design District, Edgewater, Little Haiti, and the Biscayne Corridor.

• Located in Dense Residential Area

• 8k Cars per Day

• Near I-95 Expressway

• North of Wynwood Area

• Corner Location

• Ample Street Parking Available• Near to Love Life Wellness Center, the Margulies Art Collection, The

Miami Ad School, Wyncode Academy, The Wynwood Garage, and The Wynwood Brewing Company

PAG

E 2Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker

executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.

Andres NavaVP, Metro 1 [email protected]

[email protected]

Jack ConradInvestment Sales Associate [email protected]

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#NORTH OF WYNWOOD3200 NW 2 AVENUE, MIAMI, FL 33127

FOR LEASE

FLOOR PLANS

PROPOSED PLAN

A-000

Sheet Title

PERMIT SET

Seal / Signature

DATE

COMMENTS

NO.

Revisions

01-29-19

18017

As Shown

PROJECT No.

DATE OF ISSUE

SCALE

2610

N. MIAMI AVENUE

SUITE A

MIAMI, FL 33127

LICENSE #: AA 26002805

PH 305.407.3929

www.royalbyckovas.com

PROJECT

These designs, drawings or plans (“Plans”) are owned by, or are the copyrighted property of, ROYAL BYCKOVAS LLC. (“Architect”). They may not be reproduced, modified or used in any way, except with specific written consent of the Architect.All Contractors are responsible for verifying all measurements and dimensions in the Plans and shall be responsible for reporting any discrepancies to the Architect before commencing work. Plans may not be to scale.File: /Users/MAC1/Dropbox (royalbyckovas)/18017_3200 NW 2 AV/E_CAD/1_Design/3200 NW 2ND AVE-REV 1.pln - By R&B - Date: 7/10/19

Published On: 7/10/19

CIVIL ENGINEER

OCEAN ENGINEERING

8108 BISCAYNE BLVD

UNIT 508

MIAMI, FL , 33138

786.518.2008

LANDSCAPE ARCHITECT

NIELSEN LANDSCAPE

ARCHITECTS

1016 CLARE AVENUE,BLDG 5

WEST PALM BEACH, FL

33401

561.402.9414

STRUCTURAL ENGINEER

GMG STRUCTURAL ENGINEERS

8181 NW 154 STREET,

SUITE 247

MIAMI LAKES, FL 33016

786.646.2344

MEP FP ENGINEER

CREDO ENGINEERS

800 EAST BROWARD BLVD

SUITE 601

FT LAUDERDALE, FL, 33301

954.763.2246

3200 NW 2ND AVE

MIAMI, FL 33127

3200 NW 2ND AVE

OWNER INFORMATION

SURVEYOR

ALVAREZ, AIGUESVIVES

AND ASSOCIATES, INC.

9789 SUNSET DRIVE,

MIAMI 33173

305.220.2424

ETHAN ROYAL AR95199

TSP WYNWOOD

INVESTMENTS LLC

MIAMI, FL

305.432.0097

YONI BORNSTEIN

TE

NA

NT

B

TE

NA

NT

C

TE

NA

NT

D

1,1

93 S

Q F

T

595 S

Q F

T

568 S

Q F

T

TE

NA

NT

A

1,3

79 S

Q F

T

1

SC

AL

E: 3

/16

" = 1

'-0"

1P

RO

PO

SE

D P

LA

N

TENANT A1,379 SF

TENANT B1,193 SF

TENANT C595 SF

TENANT D568 SF

PAG

E 3Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker

executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.

Andres NavaVP, Metro 1 [email protected]

[email protected]

Jack ConradInvestment Sales Associate [email protected]

Page 4: FOR LEASE #NOW | WYNWOOD’S POCKET CORRIDOR · by it daily. It is ideal for retail, office, studios, fitness, ... TOURISM & ECONOMIC SNAPSHOT VISITORS IN THE MONTH OF MARCH 2019

#NORTH OF WYNWOOD3200 NW 2 AVENUE, MIAMI, FL 33127

FOR LEASE

CONTEXT MAP

SUBJECT PROPERTYJIBARTO FOOD MARKET

MIDTOWN SHOPS

BODYTEK FITNESSMIAMI AD SCHOOL

SOBE PROMOS

PANDORÉE RESTAURANT

KIKO TATTOO

SUBJECT PROPERTY

UNO MAGNETIC

LA FAMILIA GROCERY

WYNWOOD PLACE

LA GUARDIA PRODUCE

NW 2

AVEN

UE

N. M

IAM

I AVE

NW 29 STREET

NW 32 STREET

NW 36 STREET

ROBERTO CLEMENTE PARK

METROPOLITAN SCHOOL

PREP SCHOOL

THE M BUILDING

LA REINA DOLLAR STORE

LA FAMA SUPERMARKET

COMMUNITY ACTION CENTER

WYNWOOD WALK

WYNWOOD GREEN PROJECT

WYNWOOD 29

RUBELL COLLECTION

OSCAR CARVALLO PARIS

THE COLLECTIVE CO-LIVING

PAG

E 4Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker

executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.

Andres NavaVP, Metro 1 [email protected]

[email protected]

Jack ConradInvestment Sales Associate [email protected]

Page 5: FOR LEASE #NOW | WYNWOOD’S POCKET CORRIDOR · by it daily. It is ideal for retail, office, studios, fitness, ... TOURISM & ECONOMIC SNAPSHOT VISITORS IN THE MONTH OF MARCH 2019

#NORTH OF WYNWOOD3200 NW 2 AVENUE, MIAMI, FL 33127

FOR LEASE

Office Planned

767,000 SF

Average HH Income

$25,792

Retail in Construction

227,900 SF

Median Age

37

Retail Planned

60,000 SF

Median Household

2.6

Office In Construction

197,000 SF

Population

1,654

New Apartment Units Planned

464

Aggregate HH Income

$13M

Most CitiBike users in the City of Miami.

15,000 Citibike Transactions in 2015-2016.*

More than 200,000 Parking Transactions in

the last three months.**

Wynwood’s parking transactions account for 20% of all parking transactions in the City of Miami according to Pay-By-Phone.

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

90,000

Jul-14Sep

-14Nov-1

4Jan

-15Ma

r-15

May-1

5Jul-15Sep

-15Nov-1

5Jan

-16Jul-16Sep

-16Nov-1

6Jan

-17Ma

r-16

May-1

6

The popularity of

Wynwood continues

to grow as the number

of visitors who said

they went to Wynwood

doubled from last year.

Source: Environics Analytics as compiled by IRR Miami|Palm Beach

Source: Greater Miami Convention & Visitors Bureau

WYNWOOD BID OVERVIEW

O V E R A L L S N A P S H O T P A R K I N G T R A N S A C T I O N S

T O U R I S M & E C O N O M I C S N A P S H O TR E S I D E N T D E M O G R A P H I C S

*Source: Citibike**Source: Pay-by-Phone

400+Businesses

5,000+Local Jobs Supported

$488MLocal Spending by Out-of-Town

Visitors

2,060,465Out-of-Town

Visitors

W Y N WO O D M A R K E T R EP O R T | 1 1W Y N WO O D M A R K E T R EP O R T | 1 0

WYNWOOD PARKING TRANSACTIONS - PAY BY PHONE

TOURISM & ECONOMIC SNAPSHOT

VISITORS IN THE MONTH OFMARCH 2019 ALONE

VISITORS TO WYNWOOD LAST YEAR

410,000

6 MILLION

WYNWOOD MARKET DATA

16th TopGlobal Street Style Report: Mapping Out the 15 Coolest Neighborhoods in the World

America’s Best Hipster Neighborhood

Search Results for“World’s Coolest Neighborhoods”

Most Stylish Neighborhood in the World

9th 6th

MOST CITIBIKE USERS IN CITY OF MIAMI

88WALK SCORE

1MPARKING TRANSACTIONS IN 2017

+20OF MIAMI’S PARKING TRANSACTIONS

% 1.5PEOPLE /QUARTER

PAG

E 5Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker

executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.

Andres NavaVP, Metro 1 [email protected]

[email protected]

Jack ConradInvestment Sales Associate [email protected]

DOWNLOAD WYNWOOD MARKET REPORT

MARKET REPORT 2018–2019

Page 6: FOR LEASE #NOW | WYNWOOD’S POCKET CORRIDOR · by it daily. It is ideal for retail, office, studios, fitness, ... TOURISM & ECONOMIC SNAPSHOT VISITORS IN THE MONTH OF MARCH 2019

#NORTH OF WYNWOOD3200 NW 2 AVENUE, MIAMI, FL 33127

FOR LEASE

DEVELOPMENT PIPELINE

Office Planned

767,000 SF

Average HH Income

$25,792

Retail in Construction

227,900 SF

Median Age

37

Retail Planned

60,000 SF

Median Household

2.6

Office In Construction

197,000 SF

Population

1,654

New Apartment Units Planned

464

Aggregate HH Income

$13M

Most CitiBike users in the City of Miami.

15,000 Citibike Transactions in 2015-2016.*

More than 200,000 Parking Transactions in

the last three months.**

Wynwood’s parking transactions account for 20% of all parking transactions in the City of Miami according to Pay-By-Phone.

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

90,000

Jul-14Sep

-14Nov-1

4Jan

-15Ma

r-15

May-1

5Jul-15Sep

-15Nov-1

5Jan

-16Jul-16Sep

-16Nov-1

6Jan

-17Ma

r-16

May-1

6

The popularity of

Wynwood continues

to grow as the number

of visitors who said

they went to Wynwood

doubled from last year.

Source: Environics Analytics as compiled by IRR Miami|Palm Beach

Source: Greater Miami Convention & Visitors Bureau

WYNWOOD BID OVERVIEW

O V E R A L L S N A P S H O T P A R K I N G T R A N S A C T I O N S

T O U R I S M & E C O N O M I C S N A P S H O TR E S I D E N T D E M O G R A P H I C S

*Source: Citibike**Source: Pay-by-Phone

400+Businesses

5,000+Local Jobs Supported

$488MLocal Spending by Out-of-Town

Visitors

2,060,465Out-of-Town

Visitors

W Y N WO O D M A R K E T R EP O R T | 1 1W Y N WO O D M A R K E T R EP O R T | 1 0

715,000 SF 86,600 SF 304,430 SF 62,699 SF 924

Both the multifamily and office inventory in the Wynwood BID market area are poised to double over the next three years as projects that are currently under construction are delivered. The existing supply of office and multifamily properties in the Wynwood BID area includes no competitive Class A space.

2600 N MIAMI AVE

STATUS:

UNDER CONSTRUCTION

DEVELOPER/OWNER:

CIM + ONE RE

WYNWOOD SQUARE

PROJECT TYPE:

MULTIFAMILY + OFFICE + RETAIL

252 NW 25 ST

STATUS:

COMPLETED

PROJECT TYPE:

MIXED-USE

DEVELOPER/OWNER:

EAST END CAP / RELATED GROUP

WYNWOOD 25

62 NW 26 ST

STATUS:

UNDER CONSTRUCTION

PROJECT TYPE:

MIXED-USE

DEVELOPER/OWNER:

BLOCK CAP / RELATED GROUP

THE BRADLEY

537 NW 26 ST

STATUS:

UNDER CONSTRUCTION

PROJECT TYPE:

OFFICE + RETAIL

DEVELOPER/OWNER:

STERLING BAY

545 WYN

2335 N MIAMI AVE

STATUS:

UNDER CONSTRUCTION

PROJECT TYPE:

OFFICE + RETAIL

DEVELOPER/OWNER:

CARPE REAL ESTATE PARTNERS

THEOASIS

PAG

E 6Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker

executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.

Andres NavaVP, Metro 1 [email protected]

[email protected]

Jack ConradInvestment Sales Associate [email protected]

DOWNLOAD WYNWOOD DEVELOPMENT TIMELINE

Page 7: FOR LEASE #NOW | WYNWOOD’S POCKET CORRIDOR · by it daily. It is ideal for retail, office, studios, fitness, ... TOURISM & ECONOMIC SNAPSHOT VISITORS IN THE MONTH OF MARCH 2019

#NORTH OF WYNWOOD3200 NW 2 AVENUE, MIAMI, FL 33127

FOR LEASE

TRI-RAIL STATION

AS THE DATA CONTAINED IN THIS STUDY SUGGEST, THERE EXISTS SIGNIFI-CANTLY HIGHER DEVELOPMENT CAPACITY IN THE VICINITY OF NORTHEAST 29TH STREET THAN NORTHEAST 36TH STREET. THE RESULTS OF THE STUDY MAKE A COMPELLING CASE FOR SITING A COMMUTER TRANSIT STATION A BIT FURTHER TO THE SOUTH OF 36TH STREET.

When the overlapping Midtown area is removed, the future development potential capacity of the Wynwood/29th Street Station area is three times higher than the equivalent Design District/36th Street Station area.

Based on the maximum build-out data sets (population, density, commercial and employment), the total Wynwood/29th Street Station area has a 50% higher future potential development capacity than the total Design District/36th Street Station area.

Exclusive of the overlapping Midtown area, the Wynwood/29th Street Station area has a projected maximum buildout population of 52,400, versus 16,100 for the Design District/36th Street Station area.

When the overlapping Midtown area is included, the Wynwood/29th Street Station area has a projected maximum buildout population of 90,500 versus 55,000 for the Design District/36th Street Station area.

At maximum buildout, the total Wynwood/29th Street Station area is projected to have 27,900 employees, while the Design District/36th Street Station area is projected to have 18,300 employees.

PAG

E 7Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker

executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.

Andres NavaVP, Metro 1 [email protected]

[email protected]

Jack ConradInvestment Sales Associate [email protected]

DOWNLOADMidtown Station Area Study

Page 8: FOR LEASE #NOW | WYNWOOD’S POCKET CORRIDOR · by it daily. It is ideal for retail, office, studios, fitness, ... TOURISM & ECONOMIC SNAPSHOT VISITORS IN THE MONTH OF MARCH 2019

PRESENTED BY COMMERCIAL

#NOW | WYNWOOD’S POCKET CORRIDOR3200 NW 2 AVENUE, MIAMI, FL 33127

FOR LEASE

ANDRES NAVACONTACT:

[email protected] 571 9991