Property profile

0 Brickell Bay Dr Miami, FL 33131

OFF-MARKET
Retail properties & Spaces
5,203 SF
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Property summary

AI-generated overview

This exceptional 5,203-square-foot restaurant space in Miami's vibrant Brickell area is available for sale at $4,995,000. Located on Brickell Bay Drive, zip code 33131, this turnkey property is fully built-out and equipped, representing a significant opportunity for immediate operation. The space features a dedicated HVAC system connected to the building's chilled water system, ensuring climate control. Ample electrical capacity is available to accommodate a wide range of restaurant concepts. While the building maintains the grease trap, tenant responsibility covers servicing costs. Convenient valet parking is situated directly at the space's entrance. The property is currently vacant and offered as a Triple Net (NNN) lease. The asking price equates to $960.02 per square foot. Annual HOA fees are $41,040. This prime location in Miami-Dade County, Florida, offers unparalleled access to Brickell's bustling business and residential communities. The property is ready for immediate occupancy, eliminating the need for extensive build-out and allowing for a swift launch of operations. This represents a rare opportunity to acquire a fully equipped, high-visibility restaurant space in a highly desirable location. The property is also available for lease.

Property profile

Verified
Property type Retail properties & Spaces
Total area 5,203 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Brickell Bay Dr Miami, FL 33131
Miami metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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