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Restaurant Redevelopment Space
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20 NE 41st St, Miami, FL 33137

Restaurant-ready shell includes a grease trap and utilities stubbed for buildout to two tenant suites.

Space SizeContact for details
Property Size15,000 SF
Days on Market471

Property Features for 20 NE 41st St

General Information

Standard status Active
Size 15,000 SF
Property subtype RETAIL

Additional Details

Utilities to Site Yes
Grease Trap Yes
Listing Agency: CBRE | Miami
Listed By: Alex Cesar · License #703801
Source: Moodyscre
Added: Apr 23, 2025 Changed: Jul 28 Last Checked: Aug 5 at 11:34AM

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 CBRE | Miami

Investment Insights

Based on property information with market context.

This offering features a restaurant-ready redevelopment with grease trap in place and dark shell condition. The space has all utilities stubbed into the unit, supporting tenant buildout, and the total square footage can be divided for two tenants.

Located in Miami’s Design District, the site is being delivered with a forecasted timing of Q4 2024.

The configuration supports a shared development approach, with the ability to divide the space into two suites while retaining the restaurant-specific infrastructure already provided.

Key Highlights

  • 17,154 SF restaurant‑ready space can be divided for two tenants
  • Restaurant‑ready shell includes a grease trap in place
  • Utilities are stubbed into the space for buildout

Property Analytics

Current Use

Bang & Lessin Art Art Gallery The Monarch Collective Medical Clinic MB America Business Service Center Yxey Mane Artistry ... Hair Salon Luxy Beauty Bar ... Spa & Massage Center

Suggested Use

Top Pick Auto Parts Store Garden Center Electrical Service Veterinary Clinic Storage Facility Mobile Phone Store

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

Yes
Utilities to site
Yes
Grease trap
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,455
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33137, FL

25,763
Population
15,237
Households
1.7
Avg Household Size
37
Median Age
51%
College-Educated
90%
High-School Grad
2.0 sq mi
ZIP Area
12,882
Density / Sq Mi
$82,798
Median Household Income
$53,519
Median Earnings
$2,338
Median Rent
$532,900
Median Home Value

Market

Lease Benchmarks for Miami, FL

$58.28 /SF/Yr
Avg Asking Price
$28–$77 /SF/Yr
Price Range
6,434 SF
Avg Space Size

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025
Rey
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Similar Off Market Nearby

  • Food trucks 192 NE 32nd St, Miami, FL 33137

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant-ready shell includes a grease trap and utilities stubbed for buildout to two tenant suites.
Where is this conventional restaurant located?
The property is located at 20 NE 41st St Miami, FL.
What are key features of this property?
This property features: 17,154 SF restaurant‑ready space can be divided for two tenants; Restaurant‑ready shell includes a grease trap in place; Utilities are stubbed into the space for buildout
(305) 381-6431 Call to check price and availability
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