• 890 Washington Ave, Miami Beach, FL 33139

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Property Details

890 Washington Ave - South Beach Retail for Sale

Colliers International is pleased to present this Offering Memorandum for the exclusive sale for the property located at 890 Washington Avenue, Miami Beach, Florida 33139 (“the Property”). This Property provides an excellent opportunity for an investor looking for a high-quality stabilized asset in a world-class trade area, with strong potential for future upside. Retail properties along the pedestrian-friendly Washington Avenue corridor have long attracted prime users such as small shop retailers, fast-casual restaurants and service uses that cater to beachgoers and tourists. The building has high curb appeal relative to neighboring properties and modern architecture, with smaller bays that are well configured to cater to these uses. This is evidenced by its high historic occupancy and current 100% leased status. The site is located at a fully signalized intersection, with excellent visibility to both vehicular and pedestrian traffic. In addition to a city-operated surface parking lot just north (across the street) from the site, the 7th St. parking garage (600+ spaces) is located two blocks to the south.

Prime location in the heart of South Beach
Fully leased
Excellent visibility from Washington Avenue
Anchored by corporately guaranteed 7-Eleven
Close proximity to beach and area hotels
High growth area with development underway

  • Property Type
    Retail
  • Submarket
  • Total Acres
    0.27
  • Property ID
    2118787

Landlord's Leasing Representatives

  • Dave Preston
    Colliers | Miami
     
  • Jonathan Carter
    Colliers | Miami
     
  • Warren Weiser
    Colliers | Miami