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7521 BISCAYNE BLVD INCOME PRODUCING PROPERTY MIAMI, FLORIDA FOR SALE
7521BISCAYNE BLVD
I N C O M EPRODUCINGPROPERTY
MIAMI, FLORIDA
FOR SALE
PROPERTY OVERVIEW7521 BISCAYNE BLVD
ZONING
+/- 1,943 SF +/- 6,400 SF T6-8 O
7521 BISCAYNE BOULEVARD is a freestanding corner building, fully-built-out and already tenant-occupied, in the heart of
the MiMo Historic District! This property offers maximum exposure on Biscayne Blvd with private on-site parking in the rear.
Handsome and unique interior and exterior details throughout in this eye-catching modernized gem, which includes a large
mezzanine that leads out to a sizeable terrace, custom wood cabinetry, high ceilings, and lots of natural light. The MiMo
District has been booming, with new restaurants, boutiques, and unique retail concepts in the last couple of years and is the
perfect opportunity you’ve been looking for! This unique option is excellent for an owner who’d like to benefit from having
a promising long-term tenant already in the space, without the worries of lost time and income trying to find someone to fill
the location. The property is in proximity to some of Miami’s hottest submarkets such as Miami Design District, Wynwood,
Downtown Miami as well as being within minutes to I-95 and all other major expressways.
SALE PRICE
$1,695,000
ADJUSTED AREA LOT SIZE
INVESTMENT HIGHLIGHTS• NO DOWNTIME TO FIND THE PERFECT TENANT - THEY’RE ALREADY THERE• LOCATED IN THE MIMO HISTORIC DISTRICT• OPTIMAL EXPOSURE ON BISCAYNE BOULEVARD• WITHIN MINUTES TO I-95 AND ALL MAJOR EXPRESSWAYS• ADJACENT TO MIAMI DESIGN DISTRICT, WYNWOOD, EDGEWATER AND MORE
BISCAYN
E BLVD
PARKINGON-SITE
TENANT PROFILE +RENT ROLL7521 BISCAYNE BLVD
Sanchez + Coleman StudioBUILDING SIZE: +/- 1,943 SF
IF 1ST OPTION TO RENEW IS EXERCIZED
IF 2ND OPTION TO RENEW IS EXERCIZED
NOTE: Tenant has an option to renew for an additional five (5) years at the greater of a) fair market rate after expiration of the first option term or b) last year’s rent plus 5% increase.
YEAR (Initial Term)2016 - 20172017 - 20182018 - 20192019 - 20202020 - 2021
MONTHLY$8,158.33$8,403.08$8,655.18$8,914.83$9,182.28
ANNUAL RENT$97,900.00$100,837.00$103,863.11$106,977.97$110,187.31
$/SF NNN$50.39 NNN$51.90 NNN$53.45 NNN$55.06 NNN$56.71 NNN
YEAR (Option 1 Term)2021 - 20222022 - 20232023 - 20242024 - 20252025 - 2026
MONTHLY$9,457.74$9,741.48$10,033.72$10,334.73$10,644.77
ANNUAL RENT$113,492.93$116,897.72$120,404.65$124,016.79$127,737.29
$/SF NNN$58.41 NNN$60.16 NNN$61.97 NNN$63.83 NNN$65.74 NNN
Angel Sanchez is a venezuelan renowned fashion designer based in New York since 1998. Praised worldwide for evening wear designs as well as an acclaimed bridal line. His designs are architectural, contemporary, and feminine; which always include a touch drama. Loyal clients include Taylor Swift, Eva Longoria, Sandra Bullock, Beyonce, and more.
Christopher Coleman is a New York based interior designer and one of the top 50 designers in the US. Recognized for his colorful, bold and modern style, Coleman’s vibrant color schemes have continued to enliven interiors, restaurants and shops worldwide, many of which have been featured in the nearly 100 publications that have printed his work. He is presently working on two residential projects in Miami and in Jupiter Island in Florida.
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PHOTOS7521 BISCAYNE BLVD
BISC
AYN
E BL
VDInvest in this unique modern property in the heart of the MiMo District, one of Miami’s most sought-after Commercial submarkets...
PERFECT OPPORTUNITY FOR SAVVY INVESTOR OR OWNER USER WHO WANTS MAXIMAL EXPOSURE + PLENTIFUL PARKING
SOUTH TO NORTH VIEW
AERIAL VIEW7521 BISCAYNE BLVD
OTHER INVESTMENT HIGHLIGHTS• Optimal Exposure on Biscayne Boulevard
• Ample parking on site
• Within minutes to all major expressways
• Minutes from Miami International Airport and the beaches
• Central location within minutes to Aventura, Miami Design District, Wynwood, Downtown Miami and more
MiMo 7521 BISCAYNE BLVD
The Vagabond MotelMoshi Moshi
Phuc Yea
Organic Bites
South Pacific Hotel
Starbucks
The Community
Blue Collar
The Real Deal South Florida
Legion Park
O’Munaciello
Home Design Center
Panther Coffee
VIVID Blowdry/Nail Bar
BISC
AYN
E BL
VD
We Florida Financial
• The area where Legion Park sits has been approved to see new a development in the near future, including a Mixed-Use 247 Unit complex on the land where the historic Harvey W. Seeds American Legion Post #29 was located. This development brings more residents and visitors, further expanding MiMo’s popularity.
SURROUNDING AREAS
SW
NE
I-195 EXPRESSWAY
MIAMI INT’LAIRPORTMIAMI BEACH
+/- 15 MINS+/- 15 MINS
DOWNTOWN MIAMI/BRICKELL
W Y N W O O D
M I D T O W NE D G E WAT E R
DESIGN DISTRICT
NE 2N
D AVE
WYNWOOD MIDTOWN DOWNTOWN MIAMI
The Wynwood Art District is an
emerging neighborhood with
a multitude of vacant industrial
buildings. In the last couple
of decades the local arts scene
has been dominated by local
street artists and muralists who
have repurposed old warehouse
buildings into lofts, restaurants,
galleries, and event spaces.
Midtown is a thriving residential
and retail community built
around the synergy mimicking
New York’s SOHO community
With the Design District focused
on securing luxury retailers, Midtown
has become a hub for big box
retailers, you’ll definitely want a
spot here.
Downtown Miami is Miami’s bustling epicenter, packed with gleaming skyscrapers, sweeping bay views, and hidden places to explore. It’s a neighborhood of layers—decades of history overlapping and colliding; tourism destinations like Port of Miami alongside local favorites like American Airlines Arena, home to the Miami Heat; century-old buildings among new pockets of young residents who call the neighborhood home.
DESIGN DISTRICT
The Design District is a thriving
neighborhood in Miami that
continues to expand as a fashion
center and is now home to luxurious
brands such as Louis Vuitton,
Prada, Christian Louboutin,
Chanel, Givenchy, Valentino,
etc. It also houses the Miami
Institute Of Contemporary Arts
(ICA), as well as the artistic
Museum Garage.
7521 BISCAYNE BLVD
www.chariff.com
All information has been secured from the seller/lessor and the accuracy thereof is not warranted and therefore must be verified by the buyer/lessee prior to purchase/lease. All information is subject to errors, omissions, change, and withdrawal without notice. Any reference to age or square footage must be verified
and is not guaranteed. Buyer/lessee bears all risks.
7521 BISCAYNE BLVD
5801 BISCAYNE BOULEVARDMIAMI, FLORIDA 33137305-576-7474
305-576-7494@chariff
@chariffrealty
Lyle ChariffBroker/President [email protected]
Mauricio Zapata Broker/Principal
