COMMERCIAL PRESENTS WYNWOOD SPACES...New Apartment Units Planned 464 Aggregate HH Income $13M Most...
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WYNWOOD SPACES OFFICE/SHOWROOM FOR LEASE COMMERCIAL PRESENTS 85 NE 27 STREET METRO 1
Transcript of COMMERCIAL PRESENTS WYNWOOD SPACES...New Apartment Units Planned 464 Aggregate HH Income $13M Most...
WYNWOOD SPACES
O F F I C E / S H O W R O O M F O R L E A S E
COMMERCIAL PRESENTS
85 NE 27 STREET
METRO 1
8 5 N E 2 7 S T R E E T
Available Spaces: 100 SF - 2,300 SF
Property Type: Office/Showroom
Property Address: 85 NE 27 St
Lease Type: NNN
Parking: On Site
Amenities: Kitchen, Conference Room
Metro 1 is proud to present Wynwood Spaces (“The Property”) for lease.
The Property features spaces from 100 SF to 2,300 SF or more by combining units. With a total of 23,262 SF of creative office spaces, the Property is a place for creatives, innovators, and entrepreneurs.
Located between Wynwood and Midtown, the Property enjoys close proximity to restaurants, cafes, bars, and thousands of residences. The Property is situated within walking distance to Beaker & Gray, Fireman Derek’s, Ono Poke, Salty Donut, and much more.
With thousands of residences in Wynwood, Edgewater, and Midtown within walking distance or a short electric scooter ride, the Property is the perfect place to locate your business and attract a young, educated demographic to your employee base.
EXECUTIVE SUMMARY
AVAILABLE SPACE UNIT SIZE RENT NNN (ESTIMATED)
UNIT 105 (CORNER UNIT, NAMING RIGHTS) 1,766 SF $7,500/month $2,500/month
UNIT 106 1,183 SF $3,900/month $1,675/month
UNIT 107 1,133 SF $3,775/month $1,605/month
UNIT 114 1,110 SF $3,700/month $1,573/month
UNIT 115 1,226 SF $4,080/month $1,737/month
UNIT 120 115 SF $600/month $163/month
PA
GE
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.
Bernardita BanfiBroker [email protected]
Andres NavaExecutive [email protected]
Gaston [email protected]
8 5 N E 2 7 S T R E E T
PROPERTY EXTERIOR
PA
GE
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.
Bernardita BanfiBroker [email protected]
Andres NavaExecutive [email protected]
Gaston [email protected]
8 5 N E 2 7 S T R E E T
PROPERTY INTERIOR
PA
GE
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.
Bernardita BanfiBroker [email protected]
Andres NavaExecutive [email protected]
Gaston [email protected]
8 5 N E 2 7 S T R E E T
COMMON AREAS
KITCHEN KITCHEN
CONFERENCE ROOM
RESTROOMS
COMMON SEATING AREAS
PARKING
PA
GE
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.
Bernardita BanfiBroker [email protected]
Andres NavaExecutive [email protected]
Gaston [email protected]
8 5 N E 2 7 S T R E E T
FLOOR PLAN
SPACE SIZE TENANT
101 1045 TBA
102 795 KAST
103 809 SMARTBEEMO
104 710 ALT MRK
105 1766 AVAILABLE
106 1183 AVAILABLE
107 1133 AVAILABLE
108 706 NANZ
109 695 ITG
110 695 TBA
111 695 THE STORY ROOM
112 591
113 1112 JASTOR
114 1110 AVAILABLE
115 1226 AVAILABLE
116 1226 BEBER SILVERSTEIN GROUP
117 1226
118 1226
119 1274
120 115 AVAILABLE
121 156 TBA
122 195 TBA
123 125 MIAMI LASHES
124 151 TBA
125 402 TBA
126 65 MY VIEW BYRD
PA
GE
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.
Bernardita BanfiBroker [email protected]
Andres NavaExecutive [email protected]
Gaston [email protected]
8 5 N E 2 7 S T R E E T
WYNWOOD / MIDTOWN
MIDTOWN 29309 UNITS
AMLI MIDTOWN700 UNITS
THE BRADLEY175 UNITS
RELATED &BLOCK CAPITAL
CYNERGI100 UNITS
W HOUSERELATED &
METRO 1
THE COLLECTIVECO-LIVING
WYNWOODWALK
WYNWOODPARK
THOR EQUITIES
THOR
REDSKY
ASG EQUITIES
GATEWAY TOWYNWOOD
SCOTT ROBINSHOTEL
MIXED-USE PROJECT BY
MIXED-USE PROJECT BY
KUSHNER COS& BLOCK CAPITAL
KUSHNER COS& BLOCK CAPITAL
THECOMEDY
CLUB
182 UNITS
MIDTOWN 6447 UNITS
YARD 8387 UNITS
PETSMART
AT&T
SUBJECT
SUBJECT
ENRIQUETASTOASTED BAGELRY
BEAKER &GRAY
DORISSAOF MIAMI BUILDING
SUVICHESPANGLISH
BAR
GARY NADERGALLERY
BRODSON CONSTRUCTION
METRO 1
PLAZACONSTRUCTION
CARGOBOT
ARMANDEUS PICOLLO BAMBINI
LEGENDRecommended StationSubject Property
WynwoodExisting Market Drivers
MidtownIn Development
GARY NADERGALLERY
DOGPET
HOTEL
LAGUNITAS IPA/HEINEKEN’S
LA TROPICALBREWERY
PRINTHOUSE
BIG MOVEPROPERTIES
DOMA
REC
OM
MEN
DED
STA
TIO
N
BIS
CAY
NE
BO
ULE
VAR
D
NE
2 AV
ENU
E
N M
IAM
I AV
ENU
E
NW
2 A
VEN
UE
NE 29 STREET
NE 28 STREET
NE 27 STREET
NW 29 STREET
NW 30 STREET
NW 31 STREET
NW 32 STREET
NW 33 STREET
NW 28 STREET
NW 27 STREET
NW 26 STREET
NW 25 STREET
PA
GE
9Procuring 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.
Bernardita BanfiBroker [email protected]
Andres NavaExecutive [email protected]
Gaston [email protected]
8 5 N E 2 7 S T R E E T
DESIGN DISTRICT
ALLAPATTAH
MIAMI INTERNATIONALAIRPORT
LITTLE RIVER
DOWNTOWN
WYNWOOD
BRICKELL
PORT OF MIAMI
EDGEWATER
MIAMI BEACH
I-195
I-395
112112
836
836
I-95
I-95
I-95
Located in Wynwood, Miami, the coolest neighborhood in the world according to Google, Vogue, Forbes, Timeout, The Independent, and more. Wynwood is Miami Arts District and home to hundreds of the city’s best restaurants, cafes, shops, and entertainment venues.
Once the center for manufacturing and logistics in Greater Miami, Wynwood is comprised of predominantly mid-century industrial manufacturing warehouses. After the industrial real estate market moved West to the Doral and Medley, Wynwood’s landscape began to change. Forward-thinking property owners renovated old buildings and marketed them to retailers and creative office users, transforming the neighborhood into an epicenter for the arts and culture. Wynwood’s Property owners got together in 2013 and created the Business
Improvement District (BID), a vehicle to create initiatives to preserve Wynwood’s character and reinvest in the neighborhood. Arguably the best initiative the BID created was the Neighborhood Revitalization District (NRD) rezoning in 2015, which drastically changed the zoning’s density and intensity, making development feasible in the district.
Today, Wynwood is one of Miami’s most active development areas, with multiple multi-family projects being delivered now, or in the planning/construction stages, as well as 500,000 SF of office space under construction with another 400,000 SF planned, over 1M SF of existing retail space and another 600,000 SF in the pipeline. Absorption rates are some of the highest in the city, making Wynwood a booming neighborhood with a lot of future potential.
AA ARENA
PAMM
MARLINS PARK
BRIGHTLINE STATION
MLS STADIUM
LOCATION SUMMARY
PA
GE
10Procuring 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.
Bernardita BanfiBroker [email protected]
Andres NavaExecutive [email protected]
Gaston [email protected]
8 5 N E 2 7 S T R E E T
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
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5Jan
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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
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 1M
PARKING TRANSACTIONS IN 2017
+20OF MIAMI’S PARKING TRANSACTIONS
% 1.5PEOPLE /QUARTER
WYNWOOD MARKET DATA
PA
GE
11Procuring 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.
Bernardita BanfiBroker [email protected]
Andres NavaExecutive [email protected]
Gaston [email protected]
DOWNLOAD WYNWOOD MARKET REPORT
MARKET REPORT 2018–2019
8 5 N E 2 7 S T R E E T
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
PROJECT TYPE:
MULTIFAMILY
DEVELOPER/OWNER:
CIM + ONE RE
WYNWOOD SQUARE
252 NW 25 ST
STATUS:
UNDER CONSTRUCTION
PROJECT TYPE:
MIXED-USE
DEVELOPER/OWNER:
EASTEND 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
DEVELOPMENT PIPELINE
PA
GE
12Procuring 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.
Bernardita BanfiBroker [email protected]
Andres NavaExecutive [email protected]
Gaston [email protected]
DOWNLOAD WYNWOOD DEVELOPMENT TIMELINE
