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1260 & 1270 NW 29th St 1260 NW 29th St

11,908 SF 87% Leased 4-Star Retail Building Miami, FL 33142 $3,875,000 ($325/SF)

Executive Summary

Gridline Properties presents an exceptional opportunity in the vibrant Allapattah neighborhood (33142). The property includes two contiguous properties on two separate folios - 1260 and 1270 NW 29th Street - totaling 11,908 square feet on 16,845 square feet of land. Both properties recently underwent extensive renovations and are under lease with a roster of stable and handpicked tenants supported by high-quality NNN lease agreements. Combined the contiguous properties occupy 116 feet of linear street-front exposure with lot depth of 145 feet and feature a city-owned and maintained service-alley on the south side which provides multiple access and egress points. Zoned D1, this well-maintained property offers an attractive location within a rapidly growing area. NOTE: There is currently one space, Unit 101 at 1260 nw 29th Street which is vacant, otherwise the property is fully leased. The buyer may opt to occupy this unit for their own use or rent it for addition income.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
11,908 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
2000/2020
Price
$3,875,000
Price Per SF
$325
Percent Leased
87%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.00
Lot Size
0.27 AC
Opportunity Zone
Yes
Zoning
7000 - Retail
Parking
6 Spaces (0.5 Spaces per 1,000 SF Leased)
Frontage
62 FT on Northwest 29th Street

Amenities

  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 3
  • 1,567 SF
  • Retail
  • -
  • Now

Discover two prime leasing opportunities in Allapattah, Miami’s emerging creative hub. The first property at 2090 NW 21st St is a flex office/warehouse that has been fully renovated with new loading doors, flooring, HVAC, and ADA restrooms. With ample parking and on-site security, it's perfect for both industrial and creative businesses. The second property is a 1,567 SF freshly renovated corner unit, 100% A/C, with oversized impact windows and doors, offering abundant natural light. Both properties are ideal for professional offices, art studios, showrooms, or e-commerce businesses. Join neighboring tenants like the Rubell Museum, The Wynwood School of Music, and Hometown BBQ, notable businesses that have recently pioneered and thrived in the area.

Space Size Space Use Position Available
3 1,567 SF Retail - Now

3

Size
1,567 SF
Space Use
Retail
Position
-
Available
Now

3

Size 1,567 SF
Space Use Retail
Position -
Available Now

Discover two prime leasing opportunities in Allapattah, Miami’s emerging creative hub. The first property at 2090 NW 21st St is a flex office/warehouse that has been fully renovated with new loading doors, flooring, HVAC, and ADA restrooms. With ample parking and on-site security, it's perfect for both industrial and creative businesses. The second property is a 1,567 SF freshly renovated corner unit, 100% A/C, with oversized impact windows and doors, offering abundant natural light. Both properties are ideal for professional offices, art studios, showrooms, or e-commerce businesses. Join neighboring tenants like the Rubell Museum, The Wynwood School of Music, and Hometown BBQ, notable businesses that have recently pioneered and thrived in the area.

Walk Score ®
Very Walkable (76)
Bike Score ®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Regions Bank
Starbucks
Citi
Winn-Dixie
Truist
First Horizon Bank
Ymca
Bartaco
Bank of America
Checkers

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-3126-039-1880
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,104,164
  • Listing ID: 32824070

  • Date on Market: 8/15/2024

  • Last Updated:

  • Address: 1260 NW 29th St, Miami, FL 33142

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