2 3 6 0 N W 3 6 T H S T R E E T | M I A M I , F L 3 3 1 4

2360 NW 36TH STREET | MIAMI, FL 33142

2 3 6 0 N W 3 6 T H S T R E E T | M I A M I , F L 3 3 1 4 2 | A L L A P A T T A H

ADDRESS

CITY STATE ZIP

OFFERING PRICE

SELLER FINANCING

PROPERTY TYPE

RENTALBE BUILDING AREA

YEAR BUILT


RENTAL RATE

SPACE AVAILABLE

SERVICE TYPE

SPACE USE


RENTAL RATE

SPACE AVAILABLE

SERVICE TYPE

SPACE USE




TOP DOWNTOWN EMPLOYERSTHE SHOPS


2 3 6 0 N W 3 6 T H S T R E E T | M I A M I , F L 3 3 1 4 2

Address SF Avai lable Floor Avai lable Rent /SF/YR Type Asking

5,361 1st Now $22.00 /SF/YR & Utilities Asking

1 2671 NW 28th Street

Miami, FL

1,290 1st Now $30.50 /SF/YR MG Asking


Miami, FL

1,000 2nd Now $20.00 /SF/YR N/A Asking

3 1726-36 NW 36th Street

Miami, FL

3,080 1st Now $19.48 /SF/YR MG Asking

4 2951-57 NW 17th Avenue

Miami, FL

5,000 1st Now $22.50 /SF/YR & Electric Asking


Miami, FL

13,209 1st Now $22.56 /SF/YR FSG Asking


Miami, FL

5,000 1st Now $17.50 /SF/YR NNN Asking

7 2840 NW 7th Avenue

Miami, FL

AVERAGE 4,849 $22.08 /SF/YR

S 2360 NW 36th Street 2,419 1st Now $22.50 /SF/YR MG Asking

Miami, FL 33142 2,419 2nd Now $22.50 /SF/YR MG Asking



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3 1726-36 NW 36th Street

4 2951-57 NW 17th Avenue



7 2840 NW 7th Avenue

S Subject5 6

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Allapattah is a neighborhood mostly in the city of Miami, Florida, and partly in

metropolitan Miami, United States. As of May 2011, the county-owned portion of

Allapattah, from State Road 9 to LeJeune Road, is being annexed by the city

proper. Allapattah is northwest of downtown, and about five miles (8 km) east of

Miami International Airport. Many of the businesses and educational institutions

in the neighborhood are generally located on Northwest 36th Street (US 27). The

boundaries are roughly the Airport Expressway (SR 112) to the north, the Miami

River and the Dolphin Expressway (SR 836) to the south, I-95 to the east, and

Northwest 27th Avenue (SR 9) to the west.


A thriving textiles market is located along Northwest 20th Street between Northwest 17th and

27th Avenues, with several garment manufacturing and wholesale outlets from Latin America

and the Caribbean makers along the row. The Produce Market, the largest open-air food

distribution center in Miami, serves local supermarkets and bodegas with the freshest variety

of South Florida produce, tropical fruits and many other products. The industrial district of

the city of Miami is located in an area straddling the Civic Center and Allapattah, along a

former FEC corridor just north of Northwest 20th Street. Trades ranging from clothing

manufacturers, auto repair, carpentry and upholstery shops. Additionally, several shipyards

and dry docks located along the neighborhood's banks of the Miami River.



DOWNTOWN TOP EMPLOYERS


Allapattah is next to Wynwood, Miami’s quickly gentrifying art

district, but separated from it by Interstate 95. Allapattah stretches

from I-95 to the east to Northwest 27th Avenue to the west, and

north-south between I-195 (also known as the 112) and south to

I-395 and the Miami River.

Although Allapattah is still dominated by industrial uses, one

block has been assembled as “The Collective,” featuring studio

space for artists, a tattoo shop and a record store. A UBS bank

senior vice president opened the Les Ailes Du Desir circus school

in 5K SF.

On the southeast edge of Allapattah, along the Miami River in

what is known as the Health District because of its proximity to

Jackson, developer Andrew Hellinger's Urban X Group is in the

middle of construction on the $425M River Landing, which will

have 529 apartments and approximately 345K SF of retail,

including tenants Publix and Burlington Coat Factory.

M i a m i ’ s b u s y , g r u n g y A l l a p a t t a h a r e a h a s b e e n d u b b e d a s t h e " n e x t h o t n e i g h b o r h o o d

2140 NW 12th Ave

• Miami Produce Center

• 1.36M SF SAP Development

• Planned by Robert Wennett

• Designed by Bjarke Ingels

1855 NW 15th Ave

• Civic Tower Apartments

• Affordable Senior Housing

• Undergoing $45M Renovation

1501 NW 13th Court

• Housing Trust Group

• Wagner Apartments - $23M

• Dev. with 73 affordable and

workforce housing units

1855 NW 15th Ave

• Christine E. Lynn

Rehabilitation Center -

Jackson Hospital

• $174,000,000, Under

Construction

1480 NW North River Drive

• River Landing

• $424 M mixed-use project

with 528 apts., office,

commercial

1350 NW 14th St

• University of Miami Proton

Expansion, Under

Construction $100,000,000+

1170 NW 11th St

• Mast Capital Development

• 6.31 Acres purchased for

$26M

• 688 units & 780 Spaces

Planned





Rent growth maintains a strong pace and continues to outpace the national average. Rents are among the

highest in the southeast, and the combination of consistent, healthy rent increases of 4 & 5 Star rents,

which are already among the highest in the national index, brightens the outlook in Miami.

The Miami Airport and Kendall Submarkets are seeing some of the strongest rent growth in the metro.

While the highest overall asking rents are still commanded by Brickell and Aventura, the growth in areas

like Kendall and Miami Airport has proven that there is a growing demand for suburban office space in

Miami. With Brickell becoming price-prohibitive for an increasing number of tenants, the prospects in

secondary office hubs, such as Downtown Dadeland and the emerging CityPlace Doral, have gained

significant attention.

GROSS ASKING RENT PER SQUARE FOOT



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