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MULTI-TENANT RETAIL PROPERTY 153 NW 24th St 8,000 SF 100% Leased Retail Building Miami, FL 33127 $20,773,648 CAD ($2,596.71 CAD/SF) 7.60% Cap Rate
INVESTMENT HIGHLIGHTS
- Attractive in-place yield with potential seller financing up to $11M for qualified buyers
- Anchor tenant The Dirty Rabbit is operated by The Dirty Rabbit Group, a leading hospitality group with a strong track record
- Covered land play with the ability for development in the medium-term future
- Anchored by The Dirty Rabbit, Wynwood’s most successful hospitality operation featuring a 7+ year track record at the property
- Additional tenants include Pizza 305, Temple Craft Beer and Burgers and Los Perritos
EXECUTIVE SUMMARY
The Porosoff Group at Compass Commercial has been exclusively engaged to sell the fee-simple property located at 151-153 NW 24th St.
Extremely attractive in-place yield with potential seller financing for a well-qualified buyer.
The 4-bay property is anchored by The Dirty Rabbit, Wynwood’s most successful hospitality operation featuring a 7+ year track record of operations.
Additional tenants include Pizza 305, Temple Craft Beer and Burgers, and Los Perritos. All four concepts complement each other and boast multi-year operations.
Extremely attractive in-place yield with potential seller financing for a well-qualified buyer.
The 4-bay property is anchored by The Dirty Rabbit, Wynwood’s most successful hospitality operation featuring a 7+ year track record of operations.
Additional tenants include Pizza 305, Temple Craft Beer and Burgers, and Los Perritos. All four concepts complement each other and boast multi-year operations.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$12,778,420,424
|
$1,597,302.55
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $12,778,420,424 |
| Annual Per SF | $1,597,302.55 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
C
Year Built
1948
Price
$20,773,648 CAD
Price Per SF
$2,596.71 CAD
Cap Rate
7.60%
NOI
$1,579,030 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.52
Lot Size
0.35 AC
Zoning
T5-O - mixed-use zoning designation that emphasizes limited mixed-use and multi-family residences
Frontage
102’ on Northwest 24th Street
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Alvaro Rojas
- -
- -
- -
- -
- -
- Boketto Asian Street Fare
- Accommodation and Food Services
- -
- -
- -
- -
- Madd Munchiezz
- Retailer
- -
- $63.71 CAD
- Triple Net
- May 2021
- The Dirty Rabbit Wynwood
- Arts, Entertainment, and Recreation
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Alvaro Rojas | - | - | - | - | - | |
| Boketto Asian Street Fare | Accommodation and Food Services | - | - | - | - | |
| Madd Munchiezz | Retailer | - | $63.71 CAD | Triple Net | May 2021 | |
| The Dirty Rabbit Wynwood | Arts, Entertainment, and Recreation | - | - | - | - |
Walk Score®
Walker's Paradise (97)
Bike Score®
Very Bikeable (87)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 01-3125-037-0190 | Improvements Assessment | $1,090,838 CAD (2025) |
| Land Assessment | $10,139,197 CAD (2025) | Total Assessment | $11,230,035 CAD (2025) |
PROPERTY TAXES
Parcel Number
01-3125-037-0190
Land Assessment
$10,139,197 CAD (2025)
Improvements Assessment
$1,090,838 CAD (2025)
Total Assessment
$11,230,035 CAD (2025)
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MULTI-TENANT RETAIL PROPERTY | 153 NW 24th St
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