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115 SW 8th St
Miami, FL 33130
Retail Property For Sale
Investment Highlights
- Occupies a highly visible location in Miami’s Brickell district, one of the nation’s most dynamic financial and lifestyle markets.
- Walkable to Brickell City Centre, major residential towers, corporate offices, and luxury hospitality developments.
- Excellent access to I-95, Metrorail, and The Underline urban park, enhancing connectivity and pedestrian traffic.
- Features a strong tenant mix focused on dining, wellness, and lifestyle concepts, ensuring diversified income streams.
- Provides immediate cash flow with upside potential through available space and anticipated rental escalations.
- Located within a rapidly expanding submarket attracting Fortune 500 companies and global investment capital.
Executive Summary
Situated in the vibrant heart of Miami’s financial hub, Brickell, 115 SW 8th Street offers investors an exceptional opportunity to own a retail condominium property in one of South Florida’s strongest economic submarkets. The property encompasses 22,529 SF of modern retail condo space within a highly visible and architecturally distinctive structure. Currently 77.76% occupied, the asset features eight diverse tenants, including experiential lifestyle concepts such as The Standard Residences Sales Gallery, Silver Mirror Facial Bar, La Suiza Bakehouse, The Tips Golf, PingPod, and Lavka Gourmet Cafe. A 5,011 SF space remains available to drive upside potential and NOI growth.
This offering delivers immediate stabilized cash flow and strong long-term appreciation prospects, supported by Brickell’s accelerating development pipeline and surge of institutional investment. The area has seen major capital inflows, including Citadel’s planned $2.5B HQ and the delivery of luxury residential and mixed-use projects like Mercedes-Benz Places and 830 Brickell. With proximity to I-95, The Underline urban park, and public transit, the property benefits from unmatched connectivity and prominent frontage in a corridor that is both lifestyle-driven and transit-oriented.
Strategically positioned amid flagship developments and high-density residential towers, this property offers stability, income diversity, and embedded growth opportunities, positioning it as a rare asset in Miami’s evolving urban core.
This offering delivers immediate stabilized cash flow and strong long-term appreciation prospects, supported by Brickell’s accelerating development pipeline and surge of institutional investment. The area has seen major capital inflows, including Citadel’s planned $2.5B HQ and the delivery of luxury residential and mixed-use projects like Mercedes-Benz Places and 830 Brickell. With proximity to I-95, The Underline urban park, and public transit, the property benefits from unmatched connectivity and prominent frontage in a corridor that is both lifestyle-driven and transit-oriented.
Strategically positioned amid flagship developments and high-density residential towers, this property offers stability, income diversity, and embedded growth opportunities, positioning it as a rare asset in Miami’s evolving urban core.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
22,539 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2021
NOI
$2,495,369 CAD
Percent Leased
78%
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
1 Exterior
Building FAR
0.78
Lot Size
0.66 AC
Zoning
6402 - General commercial
Parking
45 Spaces (2 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Signage
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $70,193,592 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$70,193,592 CAD
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