Miscellaneous
Miami Strong Gym - NNN Lease - Edgewater, Miami
1800 N Bayshore Dr, Miami, FL 33132
Listing Price: $3,950,000
Investment Overview
Marcus & Millichap is pleased to present the exclusive opportunity to acquire Miami Strong Gym, a premier retail condominium investment located at 1800 N Bayshore Drive in Miami’s Edgewater neighborhood. The property occupies a prominent ground-floor position within The 1800 Club, a 42-story, 469-unit luxury condominium tower overlooking Margaret Pace Park and Biscayne Bay. This offering represents a rare opportunity to own a stabilized, income-producing retail asset in one of Miami’s most rapidly developing mixed-use corridors.
The subject property comprises approximately 9,650 total square feet, including 7,742 SF under air, a 728 SF balcony, and a 1,180 SF terrace, both of which offer exclusive use rights and unobstructed views of the bay and park below. The space features high ceilings, modern finishes, and direct frontage along N Bayshore Drive, providing excellent visibility and foot traffic from residents of the 1800 Club and surrounding towers.
The property is leased to Miami Strong Gym, a well-established and rapidly growing fitness brand that has become a cornerstone of the Edgewater community. The gym, with its 10+ year operating history, offers a full suite of strength training, functional fitness, and group class programs and is known for its professional coaching and community-driven culture. With an expanding membership base and consistent operating performance, Miami Strong Gym provides investors with stable, predictable income secured by a proven local operator.
The lease structure is an Absolute Triple Net (NNN), providing investors with a truly passive investment and zero landlord responsibilities. Miami Strong’s long-term tenancy further strengthens the asset’s stability and value through its established brand presence, consistent performance, and alignment with the area’s affluent and rapidly expanding demographic base.
Edgewater’s transformation into one of Miami’s most vibrant neighborhoods continues to attract luxury residential development, boutique retail, and high-end hospitality. The immediate trade area boasts dense residential population, strong median incomes, and proximity to major employment and lifestyle centers, including the Design District, Midtown, Downtown Miami, and Wynwood. Situated directly across from Margaret Pace Park, and just minutes from Interstate 395, the property benefits from both high visibility and accessibility to Miami’s most desirable submarkets.
Investment Highlights
- Established Fitness Tenant - 10+ Years at Site–Highly Rated, Locally Recognized Fitness Operator
- Absolute Net Lease - Zero Landlord Responsibilities
- Modern Commercial Condo - Approx. 9,650 SF–Including a 1,180 SF Terrace w/ Exclusive Use Rights Overlooking Bay
- Densely Populated Area - Over 46,000 People Within 1 MI–AHHI of $95,000+ -Walking distance to Publix, Wynwood, and Downtown Miami
- Qualifies For 100% Bonus Depreciation - Contact Listing Agent for Estimate Of Savings
- 3% Annual Rent Increases - Hedge Against Inflation & Steady Income Growth
- Prime Edgewater Location - Positioned Within Miami's Premier Urban Waterfront Corridor–Steps From Biscayne Bay, Margaret Pace Park–Surrounded by Luxury Towers–1000+ Units Being Developed Within a 1 Mile Radius
Exclusively Listed By
Financing By
Listing Price: $3,950,000
Investment Highlights
- Established Fitness Tenant - 10+ Years at Site–Highly Rated, Locally Recognized Fitness Operator
- Absolute Net Lease - Zero Landlord Responsibilities
- Modern Commercial Condo - Approx. 9,650 SF–Including a 1,180 SF Terrace w/ Exclusive Use Rights Overlooking Bay
- Densely Populated Area - Over 46,000 People Within 1 MI–AHHI of $95,000+ -Walking distance to Publix, Wynwood, and Downtown Miami
- Qualifies For 100% Bonus Depreciation - Contact Listing Agent for Estimate Of Savings
- 3% Annual Rent Increases - Hedge Against Inflation & Steady Income Growth
- Prime Edgewater Location - Positioned Within Miami's Premier Urban Waterfront Corridor–Steps From Biscayne Bay, Margaret Pace Park–Surrounded by Luxury Towers–1000+ Units Being Developed Within a 1 Mile Radius
Investment Overview
Marcus & Millichap is pleased to present the exclusive opportunity to acquire Miami Strong Gym, a premier retail condominium investment located at 1800 N Bayshore Drive in Miami’s Edgewater neighborhood. The property occupies a prominent ground-floor position within The 1800 Club, a 42-story, 469-unit luxury condominium tower overlooking Margaret Pace Park and Biscayne Bay. This offering represents a rare opportunity to own a stabilized, income-producing retail asset in one of Miami’s most rapidly developing mixed-use corridors. The subject property comprises approximately 9,650 total square feet, including 7,742 SF under air, a 728 SF balcony, and a 1,180 SF terrace, both of which offer exclusive use rights and unobstructed views of the bay and park below. The space features high ceilings, modern finishes, and direct frontage along N Bayshore Drive, providing excellent visibility and foot traffic from residents of the 1800 Club and surrounding towers. The property is leased to Miami Strong Gym, a well-established and rapidly growing fitness brand that has become a cornerstone of the Edgewater community. The gym, with its 10+ year operating history, offers a full suite of strength training, functional fitness, and group class programs and is known for its professional coaching and community-driven culture. With an expanding membership base and consistent operating performance, Miami Strong Gym provides investors with stable, predictable income secured by a proven local operator. The lease structure is an Absolute Triple Net (NNN), providing investors with a truly passive investment and zero landlord responsibilities. Miami Strong’s long-term tenancy further strengthens the asset’s stability and value through its established brand presence, consistent performance, and alignment with the area’s affluent and rapidly expanding demographic base. Edgewater’s transformation into one of Miami’s most vibrant neighborhoods continues to attract luxury residential development, boutique retail, and high-end hospitality. The immediate trade area boasts dense residential population, strong median incomes, and proximity to major employment and lifestyle centers, including the Design District, Midtown, Downtown Miami, and Wynwood. Situated directly across from Margaret Pace Park, and just minutes from Interstate 395, the property benefits from both high visibility and accessibility to Miami’s most desirable submarkets.
Exclusively Listed By
Financing By