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Wynwood Creative Flex Space 2887-2899 NW 5th Ave 1,200 - 5,200 SF of Space Available in Miami, FL 33127
HIGHLIGHTS
- Great Visibility – Heavily Trafficked Intersection
- Central Wynwood Location - Walkable to Everything Wynwood
- Private Free Standing Building
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor - South Unit | 4,000 SF | Negotiable | $35.00 /SF/YR $2.92 /SF/MO $376.74 /m²/YR $31.39 /m²/MO $11,667 /MO $140,000 /YR | Triple Net (NNN) | ||
| 2nd Floor | 1,200 SF | 1-5 Years | $35.00 /SF/YR $2.92 /SF/MO $376.74 /m²/YR $31.39 /m²/MO $3,500 /MO $42,000 /YR | Triple Net (NNN) |
1st Floor - South Unit
- Lease rate does not include utilities, property expenses or building services
2nd Floor
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 5,200 SF | Gross Leasable Area | 10,300 SF |
| Property Type | Retail | Year Built | 1940 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 0.97/1,000 SF |
| Total Space Available | 5,200 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 10,300 SF |
| Year Built | 1940 |
| Parking Ratio | 0.97/1,000 SF |
ABOUT THE PROPERTY
DWNTWN Realty Advisors is pleased to offer an exclusive leasing opportunity at 2887 NW 5th Ave in Wynwood. The subject property is located on the corner of 5th Ave and 29th Street, a main thoroughfare in the neighborhood, and one of the widest, walkable streets. The building features approximately 9,862 SF of space ideal for any retailer, gallery, showroom, or office user. The space is located just steps away from core traffic and activity in the neighborhood, and most of the neighborhood's best shops and restaurants. The property is ideal for users looking to capitalize on a prime location, and enjoy unparalleled exposure in an urban walkable market.
- Bus Line
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| I 95 | NW 28th St, SE | 148,500 | 2021 | 0.16 mi |
| I 4 | NW 28th St, SE | 246,000 | 2020 | 0.16 mi |
| NW 6th Ave | NW 28th St, SE | 250,787 | 2020 | 0.16 mi |
| NW 29th St | I- 95, E | 12,035 | 2025 | 0.22 mi |
| I- 95 | NW 32nd St, N | 213,874 | 2025 | 0.24 mi |
| Northwest 5th Avenue | NW 33rd St, N | 4,081 | 2025 | 0.25 mi |
| Northwest 29th Street | NW 8th Ave, W | 9,704 | 2025 | 0.27 mi |
| Northwest 7th Avenue | NW 28th St, S | 23,294 | 2025 | 0.27 mi |
| Northwest 2nd Avenue | NW 24th St, N | 10,266 | 2025 | 0.34 mi |
| NW 29th St | NW 8th Ave, W | 10,017 | 2022 | 0.38 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
Screenshot 2023-06-01 at 12.21.19 PM
Final HQ
2887-2899 NW 5th Ave Miami, FL 33127
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