99 Riverside at Brickell

DEVELOPMENT OPPORTUNITY · FOR SALE 99 Riverside at Brickell

Partnership. Performance.

Our Team: John K. Crotty, CCIM David Duckworth Michael T. Fay Principal - Miami Principal Principal, Managing Dir. - Miami 305.447.7865 954.938.1806 305.447.7842 [email protected] [email protected] [email protected]

Brian C. de la Fé Rosendo Caveiro, CPA Myles Stepner Senior Associate Senior Vice President Associate 305.476.7134 305.447.7869 305.447.7870 [email protected] [email protected] [email protected]

THE INFORMATION CONTAINED HEREIN WAS OBTAINED FROM SOURCES BELIEVED RELIABLE; HOWEVER, AVISON YOUNG MAKES NO GUARANTEES, WARRANTIES OR REPRESENTATIONS AS TO THE COMPLETENESS OR ACCURACY THEREOF. THE PRESENTATION OF THIS PROPERTY IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, OR CONDITIONS, PRIOR TO SALE OR LEASE, OR WITHDRAWAL WITHOUT NOTICE. 99 Riverside at Brickell

INVESTMENT HIGHLIGHTS PROPERTY STATS 99 SW 7th Street, 625 SW 1st Avenue Address • An exciting and rare opportunity to acquire one of the last river-fronting and 66 SW 6th Street, Miami, FL 33130 assemblages of significant size located in Brickell, comprising three separate 01-0205-030-1090 · ±70,526 SF* parcels totalling ±90,558 SF of land (2.08 acres), with the potential for additional Folio Number 01-0205-030-1061 · ±7,099 SF* square footage through the vacating of two roads, offering an opportunity to 01-0205-030-1060 · ±12,933 SF* establish a permanent presence in Miami’s iconic skyline. Combined Lot Size (AC) ±90,558 SF / ±2.08 AC Potential additional Lot Area ±32,720 SF / ±0.75 AC • Potential to vacate portions of the already closed road and portion of SW 1st through Vacate Avenue & 6th Street (for air-rights only), which combined would provide up Combined Parcels and to ±32,861 square feet of additional lot area and result in a total lot area of Additional Lot Area through ±123,278 SF / ±2.83 AC Vacate ±123,278 square feet (2.83 acres), and significantly increasing the total buildable square footage for future development. (See Schemes on page 4). Water Frontage ±400 linear feet Zoning T6-48b-O • The Property’s generous T6-48b-O zoning designation will permit the construction of an impressive high-rise mixed-use development consisting of up to 500 units per acre, or 1,000 hotel keys per acre, in addition to a mix of office and retail space.

• A future high-rise development will enjoy spectacular views and walkability. Frontage along the Miami River could also potentially provide future residents, and visitors, a casual dining atmosphere that is increasingly popular in the densely populated area.

• Extremely desirable location adjacent to the recently completed Brickell City Centre, the $1 billion shopping / mixed-use project that was introduced to the Brickell district in 2016.

• New construction in Brickell regularly commands some of South Florida’s highest rental rates across all property types.

• The Property boasts excellent access to both the Brickell Metrorail Station (four blocks south) and MetroMover stations (Brickell City Centre station).

• The Property is poised to benefit from Brickell’s status as Miami’s financial center. Major offices for dozens of international banks are located in Brickell, within easy walking distance of the Property.

• The current tenants at the Property operate out of the existing structures, which allows an investor income to offset holding costs. Termination clauses in current tenants’ leases provide maximum flexibility for developer to time new project construction.

JW Marriott S. MIAMI AVENUE MIAMI S. Brickell on the River

Monarc METRORAIL METROMOVER 50 Biscayne Subject Property S. MIAMI AVE BRIDGE Miami Tower

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METRORAIL Underline

Subject Property

S. MIAMI AVENUE MIAMI S.

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TH SW 7 SW TINTED AREA INCLUDING STREETS THAT MAY BE VACATED. BE MAY THAT STREETS INCLUDING AREA TINTED OVERHEAD AERIAL