May 13th, 2017 4:31 PM by Nour Ailan
PRIME Street retail space on SW 8th ST right off of SW 12 AV. The property will have new storefronts throughout, with a unique breezeway with seating, accessible via the rear parking area along SW 7 AV and main parking lot adjacent to SW 12 AV. The redevelopment of 1221 SW 8 ST will be transitional for the area. The property has two parking lots allowing access from all directions, on a first come, first serve basis. This is an ideal location situated in the heart of Miami with a vehicle per day count of 41,500 in very close proximity to Brickell, Coral Gables, The Roads and Coconut Grove. This is a NNN lease and recaptures are currently running at around $9.25/sf.* Pricing is for spaces 1,000 Sq Ft+Construction expected to commence April 2017.
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