Shop 696 m² in Miami Beach

$8,000,000

$11,494 /m²

Total area 696 m²
Yield —
Lease term —
Constructed 1936

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Key project parameters

Total area: 696 m²
Constructed: 1936

Project description

Proud to present 1671 Alton Rd., a newly renovated retail/ office flex property located in the most bustling area of South Beach. The property renovations included creating an outdoor patio space at the rear of the building for potential restaurant, entertainment or retail activations. Located on one of Miami beach’s main north to south arteries, the location of the property is accommodating for easy access to surrounding retail, restaurants, hotels and entertainment venues. The property is located next to the famed 1111 Garage as well as municipal parking behind the building and several other parking garages in close proximity.

Tenants

Agreement: n/a

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annual yield: From 15-17%
investment exit horizon: 2–3 years
full support at every stage: Turnkey deal

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