20 Flagler St Miami, FL 33130
Prime Downtown Miami restaurant space available for lease at Courthouse Plaza, located at 20 W Flagler St, Miami, FL 33130. This single-story, 6,025 square foot Class B building, constructed in 1957 and renovated in 2019, offers a fully equipped restaurant space totaling 4,775 square feet. The space features spacious dining areas with attractive flooring, a functioning grease trap, two hoods, walk-in coolers, ADA-compliant bathrooms, and a built-in bar. Additional amenities include a second-floor storage area and office space. The property benefits from high visibility due to its prominent street frontage on Flagler Street, a location known for its bustling foot traffic. Its proximity to the new courthouse, bankruptcy court, and federal courthouses, as well as Brickell Avenue, the Metromover, and I-95, ensures excellent accessibility. The restaurant's license is current. The asking rent is $58 per square foot, which includes base rent and a CAM estimate. The owner is willing to negotiate key money depending on the tenant. The zoning is 6401 COMMERCIAL, and the APN is 01-01-12-030-1020. No on-site parking is available. The property is situated in the Downtown Miami submarket, specifically within the Brickell submarket cluster.
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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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Risks
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