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Off Market
1/13

230 Lincoln Rd
Miami Beach, FL 33139


HIGHLIGHTS

  • The surrounding affluent neighborhoods and influx of international tourism will benefit all tenants.
  • 230 Lincoln Road is strategically located less than five minutes from the South Beach oceanfront.
  • Miami Beach's municipal economic development department aims to expand local businesses in the area.
  • The property has direct exposure to over 22,000 vehicles per day traveling along Collins Avenue.
  • Nationally known tenants, including Ray-Ban, Oakley, H&M, and many others, occupy space along Lincoln Road, giving occupants foot traffic exposure.
  • Nearby developments include the recent $620M expansion of the Miami Beach Convention center as well as a $67M overhaul of the Lincoln Road corridor.

OVERVIEW

Originally constructed in 1950, 230 Lincoln Road functioned as the historic Carib Theater until it was repurposed into a shopping arcade in the 1970s. In 2015, it was demolished, and world-renowned architect, Luis Revuelta of Revuelta Architecture, was commissioned for the redevelopment and redesign. Revuelta finished the transformation of the property into a sleek four-story centerpiece in 2017, making 230 Lincoln Road one of the most widely recognized structures in all of Miami Beach. The current structure is a state-of-the-art property featuring a fully glass-enclosed elevator and glass elevator shaft, escalators leading to the 2nd and 3rd floors, a rooftop restaurant and outdoor lounge area complete with the most iconic feature of the property, a breathtaking wood accent wall running the entire height of the building. At the apex of the six cantilevered wooden beams, the arc of the beams covers the open-air foyer and rooftop lounge. The property’s location and structure offer an unbeatable branding opportunity for all motivated tenants; conveniently located between Collins and Washington Avenues, the Lincoln Road frontage offers immaculate signage. The property’s anchor tenant, Ross Dress for Less, currently occupies the entire second and third floors, which spans ±30,226-SF. Currently, the ground level contains 12,157-SF of vacant retail space and 9,187-SF of vacant space on the fourth floor, currently built out as a restaurant containing indoor and outdoor seating with amazing views of the Miami Beach area. 230 Lincoln Road’s premier location and fashionable design have magnificent exposure to the bustling Miami Beach tourist area and over 250,000 residents within a five-mile radius.

FOR LEASE DETAILS

PRICE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

60657

STORIES

4

YEAR BUILT

2017

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

02-3234-019-0860