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1300 Brickell Bay Dr
Miami, FL 33131

CU-3 · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 100% occupied with new 10-year NNN lease
  • Fully built-out restaurant space with rent commencement in September 2020
  • Located in new high-rise condo tower, BrickellHouse, constructed in 2014
  • Unit occupied by Osaka Cocina Nikkei
  • ±$262K in NOI with 3% Annual Increases
  • Within Brickell/Miami CBD in primary market with strong demographics, walkability and transit scores.

EXECUTIVE SUMMARY

Unique and rarely available investment opportunity to purchase a 5,041 SF fully leased ground level high end restaurant space at BRICKELL HOUSE, in the heart of Brickell, Downtown Miami. Currently operated by internationally renowned restaurant Osaka Cocina Nikkei, with locations in London, Lima, Buenos Aires, Sao Paolo, Quito, and Bogota.  The operator has spent a significant amount in capital improvements to forge an absolutely stunning and thoughtfully designed ultra, high-end interior space that infuses modern architecture, Feng Shui and signature Peruvian accents within the desirable corner location, highlighted by its eye-catching 30-foot floor-to-ceiling walls of glass.  Osaka Cocina Nikkei restaurant marked its North American debut with its Miami location in December, 2019 in Brickell. Helmed by Chefs Rogger Quispe and Juan Urrutia, Osaka is a multi-sensory and award-winning dining experience that merges millenary Japanese techniques with the finest Peruvian flavors and ingredients.    Located just two blocks from Brickell City Centre and Mary Brickell Village, where entertainment, arts, culture, tourism, education, business and government converge in a constant flow of work and leisure.

PROPERTY FACTS

Property Type Retail
Property Subtype Restaurant
Building Class B
Lot Size 0.12 AC
Gross Leasable Area 5,041 SF
No. Stories 1
Year Built 2014
APN / Parcel ID 01-4139-125-3770

ZONING

Zoning Code B (Business)
  • Listing ID: 22130884

  • Date on Market: 2/1/2021

  • Last Updated:

  • Address: 1300 Brickell Bay Dr, Miami, FL 33131