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CENTER OF WYNWOOD'S HOSPITALITY ECOSYSTEM 165 NW 23rd St 3,000 SF of Retail Space Available in Miami, FL 33127
Highlights
- Second-Generation Restaurant Buildout: Existing commercial kitchen, bar and supporting restaurant infrastructure
- ±6,000 SF Indoor-Outdoor Footprint: ±3,000 SF interior restaurant + ±3,000 SF outdoor patio
- No Key Money Required
- Core Wynwood Location: Off NW 2nd Avenue within an established dining and hospitality district
- Strong Local and Visitor Demand
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 3,000 SF | 12’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Finished Ceilings: 12’
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 | 3,000 SF | Gross Leasable Area | 3,000 SF |
| Property Type | Retail | Year Built | 2014 |
| Property Subtype | Restaurant |
| Total Space Available | 3,000 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 3,000 SF |
| Year Built | 2014 |
About the Property
165 NW 23rd Street offers ±3,000 SF of second-generation restaurant space plus a ±3,000 SF outdoor patio, less than one block from NW 2nd Avenue and surrounded by some of Wynwood’s leading dining destinations, including Pastis, Uchi, KYU, Sparrow Italia, and Yann Couvreur. The property benefits from multiple sources of restaurant demand, including a growing residential population, substantial surrounding employment base, and Wynwood’s position as a major Miami visitor destination. The space includes a full commercial kitchen, central bar, and extensive existing restaurant infrastructure, including a 15' Type I hood, 400A three-phase electrical service, one walk-in cooler, one walk-in freezer, and 18 tons of HVAC capacity. LOCAL DEMOGRAPHICS 53,180 — Population within 1 mile $91,517 — 1-mile median household income 11.1% — Projected population growth through 2030 Source: Esri Business Analyst, 2025 estimates / 2030 projections. VISITOR ECONOMY 6M+ — Annual Wynwood visitors 28.2M — Miami-Dade annual visitors $22B — Miami-Dade tourism economic impact Sources: Wynwood BID; Greater Miami Convention & Visitors Bureau. RESTAURANT INFRASTRUCTURE ~194 Seats: 76 indoor + 118 outdoor ~±204-Person Occupant Load: Inclusive of kitchen, restrooms and ancillary areas* ~Commercial Kitchen Hood: 15' Type I hood with UL 300 Kidde wet-chemical fire suppression and dedicated make-up air; 7,600 CFM exhaust / 6,800 CFM MUA ~Grease Trap: GB-250 grease interceptor* ~Cold Storage: 13' x 9' walk-in cooler + 9' x 5' walk-in freezer ~Gas: 2½" commercial service with approximately 1,161 CFH meter capacity* ~Electrical: 400A, 3-phase, 120/240V service ~HVAC: 18 tons *Occupant load, grease interceptor, gas service specifications, capacities and other building systems are based on existing plans and information available to ownership and should be independently verified by prospective tenants.
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