2360 NW 36TH STREET | , FL 33142 | ALLAPATTAH

2360 NW 36TH STREET | MIAMI, FL 33142 ADDRESS CITY STATE ZIP OFFERING PRICE SELLER FINANCING PROPERTY TYPE RENTALBE BUILDING AREA YEAR BUILT

RENTAL RATE SPACE AVAILABLE SERVICE TYPE SPACE USE RENTALBE BUILDING AREA

RENTAL RATE SPACE AVAILABLE SERVICE TYPE SPACE USE RENTALBE BUILDING AREA

2360 NW 36TH STREET | MIAMI, FL 33142 2 2360 NW 36TH STREET | MIAMI, FL 33142 3 THE SHOPS TOP DOWNTOWN EMPLOYERS

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2360 NW 36TH STREET | MIAMI, FL 33142

Address SF Available Floor Available 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 2 1551 NW 36th Street 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 5 1900 NW 36th Street Miami, FL 13,209 1st Now $22.56 /SF/YR FSG Asking 6 1251 NW 36th Street 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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1 2671 NW 28th Street 2 1551 NW 36th Street 3 1726-36 NW 36th Street 4 2951-57 NW 17th Avenue 5 1900 NW 36th Street 6 1251 NW 36th Street 7 2840 NW 7th Avenue S Subject 2 6 5 3

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Allapattah is a neighborhood mostly in the city of Miami, , and partly in A thriving textiles market is located along Northwest 20th Street between Northwest 17th and metropolitan Miami, . As of May 2011, the county-owned portion of 27th Avenues, with several garment manufacturing and wholesale outlets from Allapattah, from State Road 9 to LeJeune Road, is being annexed by the city and the makers along the row. The Produce Market, the largest open-air food proper. Allapattah is northwest of downtown, and about five miles (8 km) east of distribution center in Miami, serves local supermarkets and bodegas with the freshest variety Miami International Airport. Many of the businesses and educational institutions of produce, tropical fruits and many other products. The industrial district of in the neighborhood are generally located on Northwest 36th Street (US 27). The the city of Miami is located in an area straddling the Civic Center and Allapattah, along a boundaries are roughly the Airport Expressway (SR 112) to the north, the Miami former FEC corridor just north of Northwest 20th Street. Trades ranging from clothing River and the Dolphin Expressway (SR 836) to the south, I-95 to the east, and manufacturers, auto repair, carpentry and upholstery shops. Additionally, several shipyards Northwest 27th Avenue (SR 9) to the west. and dry docks located along the neighborhood's banks of the .

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DOWNTOWN TOP EMPLOYERS

2360 NW 36TH STREET | MIAMI, FL 33142 10 Miami’s busy, grungy Allapattah area has been dubbed as the "next hot neighborhood

Allapattah is next to , 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 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.

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1855 NW 15th Ave 2140 NW 12th Ave • Civic Tower Apartments • Miami Produce Center • Affordable Senior Housing • 1.36M SF SAP Development • Undergoing $45M Renovation • Planned by Robert Wennett • Designed by Bjarke Ingels

1855 NW 15th Ave • Christine E. Lynn Rehabilitation Center - Jackson Hospital • $174,000,000, Under 1501 NW 13th Court Construction • Housing Trust Group • Wagner Apartments - $23M • Dev. with 73 affordable and workforce housing units 1350 NW 14th St • University of Miami Proton Expansion, Under 1480 NW North River Drive Construction $100,000,000+ • River Landing • $424 M mixed-use project with 528 apts., office, commercial

1170 NW 11th St • Mast Capital Development • 6.31 Acres purchased for $26M • 688 units & 780 Spaces Planned

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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 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

2360 NW 36TH STREET | MIAMI, FL 33142 13 2360 NW 36TH STREET | MIAMI, FL 33142 14 2360 NW 36TH STREET | MIAMI, FL 33142 | ALLAPATTAH

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