Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    18215-18299 Biscayne Blvd Aventura, FL

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    86,400 SF Aventura retail/office complex anchored by Fresh Market.

    Type:RETAIL
    Property size:
    2,971 SF
    Lot size:
    4.75 Acres
    Added:
    Nov 2, 2023
    Days on Market:
    910
    Last Refresh:
    Apr 5 at 10:15 pm

    Property Features for 18215-18299 Biscayne Blvd

    General Information

    Standard status
    Active
    Size
    2,971 SF
    Lot size
    4.75 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 18215-18299 Biscayne Blvd Contact us

    We can help!

    Listing Contact
    Roberto Susi

    Listing agent Roberto Susi

    Listing office Axiom Capital Advisors - Corporate

    Listing date Nov 2, 2023

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Axiom Capital Advisors - Corporate

    Overview

    Aventura Retail/Office Complex Space

    Aventura Town Plaza is an 86,400 square foot, two-story, Class A retail and office complex. The property is anchored by The Fresh Market and includes national tenants such as Chase Bank, Cold Stone Creamery, Starbucks Coffee, Hair Cuttery, and Pearle Vision. Located at the entrance to Williams Island, the center is situated in Aventura.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • PELUQUERÍA — 2751 NE 183rd St, Aventura, FL 33160
    • GREYNOLDS PARK RIVERFRONT — 17830 W Dixie Hwy, Miami, FL 33160
    • Coin Cloud Bitcoin ATM — 18557 W Dixie Hwy, Aventura, FL 33180, United States
    • Trabajo María — 18495 Biscayne Blvd, Aventura, FL 33160
    • aventura mall — 2750 NE 183rd St APT 1905, Aventura, FL 33160, United States

    Location Insight

    • Map
    • Local Demand
    City
    Aventura
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1476
    Latitude
    25.9451

    Nearby Similar for Lease

    • $42 SF/Yr

      Aventura Office Suite Available Now

      Professional office suite in Aventura's Gateway Centre, available immediately.
      2750 NE 185th St, Aventura, FL 33180
      View Details
    • $42 SF/Yr

      Aventura Office Suite for Rent

      Updated office suite in Aventura's Gateway Centre available immediately.
      2750 NE 185th St, Aventura, FL 33180
      View Details
    • $2,425/Mo

      Aventura Office Space Near Brightline

      Professional office space near Aventura Brightline Station.
      19790 W Dixie Hwy, Aventura, FL 33180
      View Details
    • $2,500/Mo

      Aventura Office Space For Rent

      Professionally appointed office suite in Aventura's premier business hub.
      19790 W Dixie Hwy, Aventura, FL 33180
      View Details
    • Sponsored
      Contact for pricing

      Turnberry Plaza

      2875 191St St, Unit 500, Aventura, FL 33180
      View Details
    • Contact for pricing

      Corporate Center

      20801 Biscayne Blvd, Unit 403, Aventura, FL 33180
      View Details
    • $5,000/Mo

      Aventura Commercial Space For Rent

      Commercial space in Aventura, close to shopping and transportation.
      20900 NE 30th Ave 601, Aventura, FL 33180
      View Details
    • Contact for pricing

      Class A Office Building Aventura

      Class A office building with views of Biscayne Bay.
      18851 Northeast 29th Avenue, Aventura, FL, 33180
      View Details
    • Contact for pricing

      Aventura Mixed-Use Project For Rent

      Mixed-use property in Aventura, near I-95, available for rent.
      21290 Biscayne Blvd, Aventura, FL 33180
      View Details
    • $50 SF/Yr

      Retail Space in Aventura Center

      Retail space available in a busy Aventura shopping center.
      16215 Biscayne Blvd, Aventura, FL
      View Details
    • Contact for pricing

      Aventura Class A Office Space

      Class A office building in Aventura, close to amenities.
      19495 Biscayne Blvd, Aventura, FL
      View Details
    • Contact for pricing

      Aventura Mixed-Use Development Retail Spaces

      New mixed-use development with retail and medical office spaces.
      20955 Biscayne Blvd, Aventura, FL
      View Details

    FAQs

    What type of property is this?
    Shopping center - 86,400 SF Aventura retail/office complex anchored by Fresh Market.
    Where is this shopping center located?
    The property is located at 18215-18299 Biscayne Blvd Aventura, FL.
    What are key features of this property?
    This property features: Anchored by **The Fresh Market**, a popular grocery store.; Located at the entrance to Williams Island in Aventura.; Features national tenants like **Chase Bank and Starbucks**.
    (305) 932-8550 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Roberto Susi
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!