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2701 NW 2nd AveMiami, FL 33127
Wynwood Miami NNN Retail On NW 2nd Ave
Asset ClassRetail
Cap Rate6.25%
overview of deal

Overview

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.

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Investment Highlights

# Tenants
5
Cap Rate
6.25%
Occupancy
100%
Rentable SF
8,325

2701 NW 2nd Avenue – Investment Highlights

  • Property Type: Core-plus, multi-tenant retail
  • Size: 8,325 SF retail on an 11,815 SF lot
  • Tenant Mix: Strategically curated food-and-beverage operators aligned with Wynwood’s cultural identity
  • Lease Structure: 100% leased to five established operators on NNN leases
  • Income Profile: Strong in-place cash flow with minimal management responsibilities and institutional-quality yield
  • Location: Prime Wynwood high street; steps from Wynwood 29, Society Wynwood, and globally renowned Wynwood Walls
  • Directly Across From: Casa Tua, NoMad Residences, and Wynwood Walls
  • Visibility & Traffic: High pedestrian exposure along one of Miami’s most iconic retail corridors
  • Neighborhood: Wynwood is Miami’s premier live-work-play, arts, and cultural destination attracting locals, tourists, and global brands
  • Investment Opportunity: Rare, stabilized retail asset with irreplaceable high-street positioning in a top South Florida submarket

OFFERING SUMMARY

.
Sale Price:
$20,130,700
In-Place Cap Rate:
6.25%
In-Place NOI:
$1,258,126
Price/SF Building:
$2,418
Submarket:
Wynwood, Miami FL
Product Type:
NNN Retail
Building SF:
8,325 sf
Lot SF:
11,815 SF
Tenants:
5
Occupancy Rate:
100%
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2701 NW 2nd AveMiami, FL 33127

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Listing provided by Revere CRE