0 Miami Ave Miami, FL 33127
Exceptional retail opportunity in Miami's prestigious Design District. Parterre 42 offers 96,430 square feet of multi-tenant space across four stories, with units ranging from 5,100 to 86,650 square feet. Currently, there are 10 available spaces, with a minimum divisible space of 33,710 square feet and a maximum contiguous space of 62,720 square feet. Located in Miami-Dade County, at a prime address on N Miami Ave, zip code 33127, this property benefits from its location within a thriving luxury shopping and art destination. The Design District is renowned for its high-end brands, including Louis Vuitton, Prada, and Chanel, as well as its significant cultural institutions like the Institute of Contemporary Art and the De La Cruz Collection. This vibrant neighborhood attracts both local residents and a significant influx of tourists, particularly during Art Basel. The property's strategic location ensures high visibility and foot traffic, making it an ideal investment for discerning retailers seeking a presence in one of South Florida's most exclusive areas. The area also boasts a diverse culinary scene, with popular restaurants adding to the district's appeal. This is a rare opportunity to secure a prominent retail space in a rapidly expanding and highly sought-after location. Contact us today to learn more about the available spaces and leasing options.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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