Prime Allapattah Site - For Sale Redevelopment Opportunity with SunTrust Bank Redevelopment opportunity with SunTrust Bank 1400 NW 20th Street, Miami, Florida 33125 JLL South Florida is pleased to exclusively offer for sale SunTrust’s Midtown branch bank property. An extremely important branch within SunTrust’s banking network and an established landmark serving its residential, business and government clients within this market area for over 50 years. The two plus acre site is strategically located on the southwest corner of the signalized intersection at NW 20th Street and 14th Avenue. The two main roadways connecting the emerging Allapattah area, with the Edgewater, Wynwood, Civic Center, and U-Health Medical Districts. SunTrust’s primary objective is to sell the property; while retaining ownership of a portion of the property to accommodate a new 3,200 sf. m/l., branch bank facility, with drive-thru. Secondarily, it will consider being an end-cap location in a new retail strip center or part of a ground floor retail component of a mixed-use residential development. Stephen E. Gaunt, CCIM Eric Gaunt Senior Vice President, Brokerage Senior Associate, Brokerage +1 305 960 8413 +1 305 960 8429
[email protected] [email protected] Prime Allapattah Site - For Sale Redevelopment Opportunity with SunTrust Bank GENERAL PROPERTY DETAILS ADDRESS: 1400 NW 20th Street, Miami, Florida 33125 FOLIO: 01-3135-048-0010 LAND SIZE: 87,817 SF (2.01 acres) DIMENSIONS: 319’ (NW 20 St) x 276’ (NW 14th Ave) m/I BUILDING SIZE: 19,604 SF ENTERPRISE ZONE: Central BUILT: 1963 PARKING: 53 Spaces (Existing) ZONING: T6 - 8 O, Commercial-neighborhood (City of Miami) UTILITIES: Water, Electric, Sewer, Telephone RE.TAXES: $50,119.51 (2016) SALE PRICE: $6,850,000 SITE PLAN NW 20th Street Excellent opportunity to partner with SunTrust in Allapattah! AvenueNW 14th DISCLAIMER Jones Lang LaSalle © 2017Jones Lang LaSalle IP, Inc.