1520 Alton Rd - Loft/Creative Space FOR SALE
Miami Beach, FL 33139 |
1520 Alton Rd
Miami Beach, FL 33139
HIGHLIGHTS
- Just two blocks from Lincoln Road Mall, this 5,250 square foot space is available on the heels of a major re-construction.
- Located on Alton Road, a strip targeted by developers for Baptist Health Medical Complex, Whole Foods and CVS.
- Within close Proximity to the Convention Center, this property is situated within one of Miami's most dynamic and rapidly appreciating markets.
- 10 on-site parking spaces provide for a ratio of 1.55 spaces per 1,000 square feet.
- 30 minutes from Miami International Airport and 40 minutes Fort Lauderdale–Hollywood International Airport.
- The combination of current and future retailers plus the prime location makes this a great investment opportunity.
OVERVIEW
Located on Alton Road, a strip targeted by developers in recent years, just two blocks south of Lincoln Road; Lincoln Road is South Florida's Premier Outdoor Shopping, Dining, and entertainment destination. The property has 7,500 SF of land with 6,465 SF of gross leasable space. Surrounded by new developments like: Baptist Health Medical Complex,Whole Foods, CVS, Chevron, Bank of America, Wells Fargo, Iberia Bank, Starbucks, among others. Nearby, Rock Soffer, Elion Partners and members of the Sredni family are building 17 West at 1698 Alton Road, which will house Miami Beach’s first Trader Joe’s. The five-story building will also have loft-style apartments, town-homes, residential amenities, and a parking garage with about 160 spaces (Source: The Real Deal)
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Loft/Creative Space
TOTAL BUILDING SIZE
5250
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1939
SPRINKLERS
-
PARKING SPACES
10
LAND DETAILS
LAND ACRES
0.17 AC AC
LAND SF
7,405 SF
ZONING
-
APN/PARCEL ID
02-3234-018-0590
