Property profile

1010 2Nd Ave Miami, FL 33132

OFF-MARKET
Retail properties & Spaces
300,000 SF
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Property summary

AI-generated overview

Located in the heart of Downtown Miami at 1010 NE 2nd Ave, this Class A retail property within the Miami Worldcenter development offers exceptional opportunities for businesses seeking high-visibility locations. The property boasts a total of 300,000 square feet of retail space, with multiple tenancy options available. Spaces range from a minimum of 1,300 square feet to a maximum contiguous space of 5,000 square feet, providing flexibility for various business needs. Currently, over 95% of the space is leased, indicating strong market demand and a thriving retail environment. The property sits on a substantial 27-acre lot, offering ample space and visibility. The location is strategically advantageous, positioned directly across from ClubStudio Fitness, ensuring high foot traffic and exposure to a health-conscious clientele. Ideal tenants are those in personal care, health, wellness, retail, and fashion sectors. This is a rare opportunity to establish a presence in one of Miami's most dynamic and rapidly growing commercial districts. The property's prime location, combined with its size and existing high occupancy rate, presents a compelling investment opportunity for discerning businesses seeking to capitalize on the vibrant energy of Downtown Miami. Don't miss this chance to become part of Miami Worldcenter's thriving retail scene. Contact us today to learn more about available spaces and leasing options.

Property profile

Verified
Property type Retail properties & Spaces
Total area 300,000 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Training Center
  • Condominium Complex
  • Condominium Complex Real Estate Developer
  • Real Estate Agency
  • Real Estate Agency

Location

1010 2Nd Ave Miami, FL 33132
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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