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250 NW 24th StMiami, FL 33127
Wynwood NNN Retail Investment
Asset ClassRetail
Cap Rate5.5%
Wynwood NNN Retail Investment
overview of deal

Overview

DWNTWN Realty Advisors is pleased to exclusively present the opportunity to acquire two fee-simple ground-floor commercial F+B retail units totaling 3,523 square feet at 250 Wynwood, a six-story luxury residential building situated at the epicenter of Miami's most culturally dynamic and supply-constrained urban submarket. The offering comprises Commercial Units CU-1 and CU-2, 100% occupied by two established food-and-beverage operators — La Birra Bar and Doggi's Arepa Bar — generating in 2027 $303,656 in annual base rent with a weighted average lease term of 7.9 years. Wynwood has experienced 124% residential population growth since 2015, attracting over 6 million annual visitors and commanding new construction retail rents well above the national average. With long-term leases in place, no landlord responsibilities for interior maintenance, and a Walker's Paradise score of 96, this asset offers an investor stable, management-light cash flow in one of the most visited and talked-about neighborhoods in the country.

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Investment Highlights

  • 100% Occupied with 7.88-Year Weighted Average Lease Term
  • Two F&B Tenants in Miami's Premier Arts District
  • 2027 NOI $303,656 in Contractual Base Rent in Place
  • Core Wynwood Location

Table Information

.
Sale Price:
$5,521,000
Cap Rate:
5.5%
2027 Contractual NOI:
$303,656
Submarket:
Wynwood
Total RSF:
3,523 RSF
Price/SF:
$1,567
WALT:
7.88 Years
Number of Units:
2
Occupancy Rate:
100%
Investment Type:
Retail Condo Investment
Zoning:
T5-O
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250 NW 24th StMiami, FL 33127

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