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Renovated Wynwood Restaurant and Club 150 NW 24th St 6,695 SF of Retail Space Available in Miami, FL 33127
Highlights
- Recent multi-million dollar renovation with all permits ready to operate
- Heavy foot traffic
- Prime Wynwood location
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,695 SF | Negotiable | $75.00 /SF/YR $6.25 /SF/MO $502,125 /YR $41,844 /MO | Triple Net (NNN) |
1st Floor
Building size: 6,695 SF (4,520 ground floor, 2,175 SF second floor) Building features: Brand new interior finishes, 3 bars, roll up windows Kitchen features: Hood, Grease Interceptor System, walk-in cooler, prep station, wash station, fryers, stoves, etc. (all new)
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Drinking Establishment
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 6,695 SF | Gross Leasable Area | 6,695 SF |
| Property Type | Retail | Year Built/Renovated | 1951/2025 |
| Property Subtype | Restaurant |
| Total Space Available | 6,695 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 6,695 SF |
| Year Built/Renovated | 1951/2025 |
About the Property
Step into a renovated top of the line building in the core of Wynwood, one of the hottest entertainment markets in the world. This two story compound is fully renovated, and includes expansive seating and standing areas with capacity for four-hundred people; and a brand new kitchen inclusive of a hood, grease interceptor system, and walk-in cooler. The restaurant has up to date permits so that an operator can begin making income immediately. The property offers versatility with the option to create a combination of experiences for patrons. There is a restaurant area including seating, a bar, and room for a dance floor; a street facing area with roll up windows with a second bar and seating that can be used as a cafe in the day time; and an upstairs area with a third bar, that can take overflow from the ground floor or be used as a “speakeasy” for intimate private events. The building is located on 24th Street just off NW 2nd Avenue. Surrounding the building are a number of popular entertainment operators, creating natural flow on the street and a captive audience - making it simple to capitalize on the influx of foot traffic. Building size: 6,695 SF (4,520 ground floor, 2,175 SF second floor) Building features: Brand new interior finishes, 3 bars, roll up windows Kitchen features: Hood, Grease Interceptor System, walk-in cooler, prep station, wash station, fryers, stoves, etc. (all new)
Nearby Major Retailers
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Renovated Wynwood Restaurant and Club | 150 NW 24th St
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