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Wynwood NW 2nd Ave NNN Retail Investment 2701 NW 2nd Ave 8,325 SF 100% Leased Retail Building Miami, FL 33127 $20,130,000 ($2,418.02/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Main High Street Location, NW 2nd Avenue
- 100% Occupied with Four Established Tenants
- Directly Adjacent to the Nomad Hotel, Casa Tua and Wynwood Walls
- Multi-Tenant NNN Retail Investment
EXECUTIVE SUMMARY
DWNTWN Realty Advisors proudly presents 2701 NW 2nd Avenue, an institutional-quality, core-plus retail investment perfectly positioned on Wynwood’s main pedestrian thoroughfare. This 8,325 SF multi-tenant retail property, situated on an 11,815 SF lot, delivers unparalleled frontage and nonstop foot traffic along one of Miami’s most recognizable and high-performing retail streets.
The asset features a strategically curated lineup of food-and-beverage operators, a merchandising approach that aligns seamlessly with Wynwood’s cultural identity and ensures sustained tenant demand. Currently fully leased to five seasoned operators on NNN leases, the property provides durable cash flow, minimal owner responsibilities, and a compelling in-place yield consistent with institutional high-street retail.
Located steps from major neighborhood developments—including Wynwood 29 and Society Wynwood—and positioned directly across from Casa Tua and NoMad Residences, the property sits just steps from the globally renowned Wynwood Walls at the heart of Miami’s most vibrant arts, entertainment, and lifestyle district. The immediate area attracts a unique mix of locals, international visitors, and global brands, cementing its status as one of South Florida’s most coveted retail environments.
Offering stability, irreplaceable positioning, and enduring demand, 2701 NW 2nd Avenue represents a rare opportunity to own a premier high-street retail asset in the center of Miami’s most dynamic urban neighborhood.
The asset features a strategically curated lineup of food-and-beverage operators, a merchandising approach that aligns seamlessly with Wynwood’s cultural identity and ensures sustained tenant demand. Currently fully leased to five seasoned operators on NNN leases, the property provides durable cash flow, minimal owner responsibilities, and a compelling in-place yield consistent with institutional high-street retail.
Located steps from major neighborhood developments—including Wynwood 29 and Society Wynwood—and positioned directly across from Casa Tua and NoMad Residences, the property sits just steps from the globally renowned Wynwood Walls at the heart of Miami’s most vibrant arts, entertainment, and lifestyle district. The immediate area attracts a unique mix of locals, international visitors, and global brands, cementing its status as one of South Florida’s most coveted retail environments.
Offering stability, irreplaceable positioning, and enduring demand, 2701 NW 2nd Avenue represents a rare opportunity to own a premier high-street retail asset in the center of Miami’s most dynamic urban neighborhood.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
8,325 SF
Building Class
B
Year Built
1946
Price
$20,130,000
Price Per SF
$2,418.02
Cap Rate
6.25%
NOI
$1,258,125
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.70
Lot Size
0.27 AC
Zoning
T5-O - T5-O
Frontage
111’ on NW 2nd Avenue
AMENITIES
- 24 Hour Access
Walk Score®
Walker's Paradise (98)
Bike Score®
Very Bikeable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 01-3125-038-0180 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $4,517,480 |
PROPERTY TAXES
Parcel Number
01-3125-038-0180
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,517,480
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Wynwood NW 2nd Ave NNN Retail Investment | 2701 NW 2nd Ave
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