51-53 NE 40th St
Miami, FL 33137
Retail Property For Sale

Highlights: - Launch Your Own 20,000SF Flagship Brand/Restaurant/Bar in the Heart of the Design District -Opportunity to Own Your Own Building in the Heart of the World-Renowned Design District -This property represents one of the last opportunities to develop 20,000SFof Flagship Retail/Office in this Prime Location -The Design District continues to unveil new architectural treasures while fashionably dressed shoppers parade the sidewalks and dine in new eateries, speaking languages from all over the world - Be Part of Miami's Most Exciting Open Air Shopping and Cultural Destination with over 160 Luxury and National Tenants and more than 15 Of Miami's Most Popular Restaurants and Eateries - Located Around the Corner from Musician Pharrell Williams and Nightlife Impresario Dave Grutman's Highly Acclaimed Swan Restaurant and Bevy Bar - Steps away from newly opened Alice + Olivia store - Double Lot Provides the Opportunity to Build a 5 Story 20,000SF Flagship Location on 5000SF of Land - Outstanding Investment Property for an Owner/Operator - One-of-a-kind 5000sf property in an area where there are No Sellers - The Subject Property is across from an entire square block owned by several Billionaire Institutional Investors including Dacra/LCRE, the Gindi Family, and Redsky/JZ Capital. Redsky/JZ spent close to $250 Million acquiring the majority of the neighboring properties, and plan to develop a mixed-use project with parking, retail and office space designed by world-renowned architect Chad Oppenheim. - Over $1.4 Billion of capital already invested in the Design District by Dacra/LCRE - New Design District Boutique Hotel to be built Across the Street will Drive Even More Retail Traffic and Increase Property Values