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Iconic Retail Space on Lincoln
For Lease
Contact for pricing

1601 Drexel Ave, Miami Beach, FL

Flagship retail opportunity in prime Miami Beach location.

Space Size17,918 SF
Lot Size1.55 Acres
Days on Market969

Property Features for 1601 Drexel Ave

General Information

Standard status Active
Size 17,918 SF
Lot size 1.55 Acres
Property subtype RETAIL

Site & Location

Neighborhood South Miami Beach

Spaces For Lease

at 1601 Drexel Ave
1601 Drexel Ave - Food Hall AVAILABLE, Now
Floor Ground floor
Size 17,918 SF
Type RETAIL
Rate Contact for pricing
Sublease No
-Flagship retail opportunity at the iconic 420 lincoln building -Mutli-level space plan configurations available -Incredible signage and branding opportunity on lincoln road and drexel avenue -Drexel avenue undergoing a james corner designed pedestrian only transformation -Steps away from lincoln road, fast fashion retailers and hotel row on collins ave -Parking garage located on site
Contact us
Listing Agency: Avenue Real Estate Partners
Listed By: Aaron Butler
Source: Moodyscre
Added: Mar 11, 2024 Changed: Oct 25 Last Checked: Nov 4 at 12:20PM

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 Avenue Real Estate Partners

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This retail space, located in the iconic 420 Lincoln building, offers a flagship opportunity. The property features multi-level space plan configurations. It provides signage and branding opportunities on Lincoln Road and Drexel Avenue. Drexel Avenue is undergoing a James Corner-designed pedestrian-only transformation. A parking garage is located on site. The property is steps away from Lincoln Road, fast fashion retailers, and hotel row on Collins Avenue. The property has a size of 17918 square feet.

Key Highlights

  • Incredible signage and branding opportunity on Lincoln Road and Drexel Avenue
  • Flagship retail opportunity at the iconic 420 Lincoln Building
  • Steps away from Lincoln Road, fast fashion retailers, and hotel row on Collins Ave

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Plumbing Service Nursing Home Veterinary Clinic Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

7,506
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Miami Beach, FL

$48.59 /SF/Yr
Avg Asking Price
$4.03–$110 /SF/Yr
Price Range
4,717 SF
Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Flagship retail opportunity in prime Miami Beach location.
Where is this retail space located?
The property is located at 1601 Drexel Ave Miami Beach, FL.
What are key features of this property?
This property features: Incredible signage and branding opportunity on Lincoln Road and Drexel Avenue; Flagship retail opportunity at the iconic 420 Lincoln Building; Steps away from Lincoln Road, fast fashion retailers, and hotel row on Collins Ave
(305) 397-8012 · Office Call to check price and availability
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