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Miscellaneous

1830 N Bayshore Drive - Retail Unit & Parking

1830 N Bayshore Dr, Miami, FL 33132

Listing Price: $4,100,000

Cap Rate
5.85%
Tenant Name
Miami Strong Gym
Gross SF
9,650
Guarantor
Corporate Guarantee
Rentable SF
7,742
Price/Gross SF
$424.87
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$31.00

Investment Overview

Marcus & Millichap is pleased to present 1800 N. Bayshore Drive, in Miami, Florida. Located in the Performing Art’s District of Miami, this property is situated just minutes from major hot spots of Miami like Wynwood, South Beach, and Downtown. The property is currently being used as a gym. The subject entrance is off North Bayshore Drive, with a large terrace overlooking Margaret Pace Park. It is a commercial condo within the 1800 Club, a 469-unit luxury condominium building. The property has a total square footage of 9,650 with 7,742 SF under A/C. It also includes a grease trap, exclusive use to a 728 SF balcony and a 1,180 SF terrace with beautiful, scenic views of Biscayne Bay.

Investment Highlights

  • Dense Infill Area with Thousands of Residential Units Within a One-Mile Radius
  • HOA includes Water, Waste, Property Insurance
  • Great Outdoor Space Overlooking Biscayne Bay and Margaret Pace Park
  • Beneath 469 Luxury Condominium Units Area
  • Across the Street from Newly Redeveloped Margaret Pace Park
  • Possible Office/Restaurant Location
  • Grease Trap Onsite

Exclusively Listed By

Financing By

Miscellaneous

1830 N Bayshore Drive - Retail Unit & Parking

Listing Price: $4,100,000

Cap Rate
5.85%
Tenant Name
Miami Strong Gym
Gross SF
9,650
Guarantor
Corporate Guarantee
Rentable SF
7,742
Price/Gross SF
$424.87
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$31.00

Investment Highlights

  • Dense Infill Area with Thousands of Residential Units Within a One-Mile Radius
  • HOA includes Water, Waste, Property Insurance
  • Great Outdoor Space Overlooking Biscayne Bay and Margaret Pace Park
  • Beneath 469 Luxury Condominium Units Area
  • Across the Street from Newly Redeveloped Margaret Pace Park
  • Possible Office/Restaurant Location
  • Grease Trap Onsite

Investment Overview

Marcus & Millichap is pleased to present 1800 N. Bayshore Drive, in Miami, Florida. Located in the Performing Art’s District of Miami, this property is situated just minutes from major hot spots of Miami like Wynwood, South Beach, and Downtown. The property is currently being used as a gym. The subject entrance is off North Bayshore Drive, with a large terrace overlooking Margaret Pace Park. It is a commercial condo within the 1800 Club, a 469-unit luxury condominium building. The property has a total square footage of 9,650 with 7,742 SF under A/C. It also includes a grease trap, exclusive use to a 728 SF balcony and a 1,180 SF terrace with beautiful, scenic views of Biscayne Bay.

Exclusively Listed By

Financing By

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