Marina Blue Miami, Fl 33132 Retail/Office Space
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MARINA BLUE | RETAIL/OFFICE ACROSS AMERICAN AIRLINES ARENA MIAMI WORLD CENTER (PARAMOUNT) ZAHA 900 HADID ME HOTEL AT BISCAYNE MARQUIS MARINA BLUE FREEDOM TOWER ALL ABOARD FLORIDA (GRAND CENTRAL STATION) ARSHT PERFORMING ARTS CENTER PEREZ ART MUSEUM MIAMI AMERICAN AIRLINES ARENA COURTHOUSES BAYSIDE MARKETPLACE RETAIL/OFFICE SPACE FOR SALE/LEASE MARINA BLUE MIAMI, FL 33132 PRESENTED BY: HERZ DUPOND GROUP AVAILABLE FOR SALE/LEASE | MARINA BLUE PROPERTY SUMMARY PRICE SALE: $325+ PSF LEASE: $40-55 PSF MODIFIED GROSS ADDRESS 888 BISCAYNE BLVD SPACE 935 SF up to 8,570 SF PARKING Property Overview HIGHLIGHTS • 23 parking spaces for $30,000 per space • Around the clock security • Groundfloor anchor tenant: CVS • At the base of the renowned Arquitectonica Building • Option to build mezzanine level to add additional square footage • Located in the entertainment district so zoning is liberal • Neighboring Restaurants: ZUMA, IL GABBIANO & CVICHE 105 HERZ DUPOND REAL ESTATE GROUP | 305.970.7260 | [email protected] PAGE 2 AVAILABLE FOR SALE/LEASE | MARINA BLUE FLOORPLAN 2ND FLOOR FOR LEASE CU1B 1588 SF 48 PSF CU6B CU3B 1887 SF 48 PSF 953 SF CU4B 2917 SF 48 PSF CU5B 3766 SF 48 PSF CU6B 953 SF 50 Gross CU7B 1055 SF Request CU7B 3B-5B 8570 SF 50 PSF 1055 SF 3rd FLR 4980 SF 40 PSF CU8B SOLD 3766 SF FOR SALE CU4B 2917SF CU5B CU1B 1588 SF 325 PSF CU3B 1887 SF CU3B 1887 SF 335 PSF CU2B CU1B CU4B 2917 SF 345 PSF = 8570 SF SOLD CU5B 3766 SF 355 PSF CU3B + CU4B + CU5B 1588 SF CU6B 953 SF 500 PSF CU7B 1055 SF 500 PSF 3B-5B 8570 SF 500 PSF HERZ DUPOND REAL ESTATE GROUP | 305.970.7260 | [email protected] PAGE 3 AVAILABLE FOR SALE/LEASE | MARINA BLUE BUILDING/LOCATION SUMMARY New developments currently under construction within a short walking distance of Marina Blue include Paramount at Miami World Center; One Thousand Museum by the late Zaha Hadid, at which units are priced between $5,800,000 and $22,000,000; and All Aboard Florida connecting Broward, Palm Beach, and Orlando directly with Downtown Miami nearby Marina Blue. CVS/pharmacy will anchor the ground-level retail space at Marina Blue, offering full pharmacy service, health, beauty and personal care products, grocery items, general merchandise and digital photo service. It is the second largest pharmacy chain after Walgreens in the United States, with more than 7,600 stores. The second floor totals 11,806 square-foot overlooking the retail space below and fronting Biscayne Boulevard. Ceiling heights on this level are nine feet. To the east is an additional covered terrace overlooking Biscayne Bay, creating an ideal setting for an outside entertainment or dining area. The third-level office units consist of 4,980 square-foot of space and approximately five-foot balcony overlooking Biscayne Boulevard and Biscayne Bay. Ceiling height is nineteen-foot-four inch allowing for the addition of a mezzanine level as well as providing spectacular views through the floor-to-ceiling glass. Marina Blue is a spectacular 60-story downtown Miami landmark. The tower, designed by renowned design firm Arquitectonica, is located on Biscayne Boulevard providing both the retail and office units unobstructed views of Biscayne Bay. The commercial space is comprised of retail, entertainment or office space on levels 1 & 2 and office space on level 3. Marina Blue 900 Biscayne OFFICE & RETAIL HERZ DUPOND REAL ESTATE GROUP | 305.970.7260 | [email protected] PAGE 4 AVAILABLE FOR SALE/LEASE | MARINA BLUE PICTURES Ten 900 Marina Museum The Biscayne Blue Park Marquis American Airlines Arena MARINA BLUE HERZ DUPOND REAL ESTATE GROUP | 305.970.7260 | [email protected] PAGE 5 AVAILABLE FOR SALE/LEASE | MARINA BLUE PICTURES SECOND FLOOR SECOND SECOND FLOOR SECOND THIRD FLOOR AMERICAN AIRLINES ARENA ADRIENNE ARSHT CENTER PEREZ ART MUSEUM MIAMI RESORTS WORLD MIAMI NEARBY HERZ DUPOND REAL ESTATE GROUP | 305.970.7260 | [email protected] PAGE 6 AVAILABLE FOR SALE/LEASE | MARINA BLUE LOCATION THE VIEW AMERICAN KNIGHT CONCERT THE MARQUIS AIRLINES ARENA HALL & 900 BISCAYNE ARSHT CENTER MARINA BLUE TEN MUSEUM MIAMI WORLD CENTER Miami World Center project is a 765,000-square-foot shopping mall, 470-unit condominium and a 429-unit apartment building. Miami Worldcenter will be located directly behind Marina Blue, 900 Biscayne Bay, Marquis Residences and Ten Museum Park. Bloomingdales’s and Macy’s will be the anchor tenants for the mall, which is being developed in partnership with the Forbes Co. and Taubman. Miami Worldcenter will transform 27 acres in the heart of Miami into a city within a city, connecting the central business district with the arts and entertainment district. A 1,800-room Marriott Marquis hotel with 600,000 square feet of meeting and event space is also part of Miami Worldcenter. The massive mixed-use development will include retail, restaurant, entertainment, hotel, residential and commercial offerings. Another element of this neighborhood that is very exciting is Museum Park, which will include a science museum, art museum and large park with green space. The Perez Art Museum Miami (PAMM) opened in December 2013, Patricia and Phillip Frost Museum of Science and completion of the park is scheduled for 2016. A proposal for a 1000 feet tall observation tower called Skyrise Miami will be the second tallest observation tower in the United States and would include a restaurant, nightclub, ballroom and private lounge. Another big selling point of this neighborhood is that it is centrally located in Miami and has easy access to the highway to get you to the airport and various popular South Florida destinations quickly. HERZ DUPOND REAL ESTATE GROUP | 305.970.7260 | [email protected] PAGE 7 AVAILABLE FOR SALE/LEASE | MARINA BLUE LOCATION The commercial space will benefit not only from the 516 residential units and 5 stories of office space at Marina Blue, but also by being the gateway to the upcoming Miami World Center, a master project that features a diversity of urban land use; including retail, hospitality, and residential space. In addition there is 23,500 residential condominum, 3,500,000 square-foot of office spaces, 4,000,000 square-foot of retail spaces recently completed, being delivered or under construction. Adding value to the mixed-use construction in the immediate area are the American Airlines Arena, Bayside Marketplace, the Performing Arts Center with Symphony Hall, Opera and Ballet, the new Museum Park, and a new deepwater marina. Marina Blue is ideally located in the center of a rapidly developing section of Biscayne Boulevard between downtown Miami and I-395. Within a span of ten blocks, nine new high-rise mixed use condominium developments are in various stages of development along the west side of Biscayne Boulevard transforming the strip into a pedestrian friendly promenade filled will restaurants,cafes, shops and entertainment venues. By car, Marina Blue is just 10 minutes from the Miami International Airport, 7 minutes to South Beach, 5 minutes to Brickell, 5 minutes to Edgewater, and 10 minutes to the Design District and Wynwood. HERZ DUPOND REAL ESTATE GROUP | 305.970.7260 | [email protected] PAGE 8 AVAILABLE FOR SALE/LEASE | MARINA BLUE DEMOGRAPHICS Downtown Miami features the highest concentration of prime office space in South Florida. Over 18 million square feet of Class A and B office space available. Many Class A office space is contained within high performance, environmentally sustainable, LEED certified buildings; many office buildings feature fiber-optic connections, direct access to the Network Access Point of the Americas for extra band-width, cutting edge security systems, extra redundancy to ensure continued operation at all times, and other unique services. For more information about the new developments within Greater Downtown Miami, visit MiamiDDA. MIAMI-DADE COUNTY STATISTICS Excellent Business Climate • No local business or personal income tax. • No state personal income tax; corporate tax is 5.5% of net income. • Labor training incentives are available to qualified companies. • Enterprise Zone business inducements are available to qualified companies. • Federal Empowerment Zone inducements are available to qualified companies. • Over 68,000 companies are located in Miami-Dade County. • Cruise ship capital of the world (3.4 million passengers annually). • Miami International Airport (MIA) is the number one U.S. airport for international flights. • More than 46% of U.S. exports to South, Central America & Caribbean go through Miami. • Miami International Airport has more flights to Latin America & Caribbean than all other U.S. airports combined. • Port of Miami ranks first among Florida containerized ports. • More than 5.2 million regional population. • More than $110 billion of total personal income. Available Labor Force • Over 1.1 million people - experienced, multicultural and multilingual. • 100,000 college students and 100,000 adult and vocational education students. International Trade Infrastructure • More than 150 financial institutions and just over $61 billion in deposits, Miami has the largest concentration of banks south of New York. • Miami is the current home of the Secretariat of the Free Trade Area of the Americas. • More than 50 foreign consulates, 23 international trade offices, and 32 bi-national Chambers of Commerce. • Greater Miami has two free trade zones, including Miami Free Zone, one of the largest privately owned and operated zones in the world and the Homestead Free Zone. • Ranked 5th in the world among telecommunications centers. Quality of Life • Four major